A study on the development of criteria and priority orders for selecting third party logistics companies

A study on the development of criteria and priority orders for selecting third party logistics companies

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Article ID: iaor20043347
Country: South Korea
Volume: 20
Issue: 2
Start Page Number: 151
End Page Number: 163
Publication Date: Nov 2003
Journal: Korean Management Science Review
Authors: ,
Keywords: measurement, performance, decision theory: multiple criteria, analytic hierarchy process
Abstract:

Although there has been growing interest in outsourcing the logistics sector in the industry, not much research was undertaken to provide the processes and standards in choosing the right third party logistics (3PL) for the company. In this research, we attempt to provide the 3PL selection criteria and its priority orders. We surveyed and interviewed the various industry experts and analyzed results using Analytic Hierarchy Process (AHP). The study reveals that manufacturers and logistics companies have different understanding of the selection criteria and priorities in outsourcing the 3PL.

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