3 P & 4 P Logistics in E – commerce
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Asst Professor, Department of Commerce, KL Deemed to be University, Vaddeswaram, Guntur, AP
Publication date: 2019-03-16
Eurasian J Anal Chem 2018;13(Engineering and Science SP):emEJAC181202
E- Commerce means using online electronic data communications to perform the transactions relating to the business. This paper has given an overview of the role of e - commerce in 3 PL & 4 PL logistics. E - Commerce is the buying and selling of goods and services or transferring data through an electronic network, i.e., Internet. These business transactions may occur at different levels like business to business, business to consumer and consumer to consumer. Logistics is the process of managing the resources requirement. It involves the process of acquiring, storing and transporting to the destination whenever the need felt so. Third – Party Logistics (3 PL) provides integrated outsources logistics services in the process of procurement of goods and fulfillment of needs of the end users. Fourth – Party Logistics (4 PL) assembles and manages all resources, capabilities and technology of an organization’s supply chain. If the business houses can’t maintain the store houses, they have to rely on the services of 3PL or 4PL to keep in track with the needs of end users and its fulfillment. Thus, The back – end Supply Chain Management is a crucial component in all the businesses especially in e – Commerce.