Insight of Third-Party logistics Market in India and UAE
R. Ashok1, R. Rajesh2
1R. Ashok*, Research Scholar, Department of Mechanical Engineering, Noorul Islam Higher Education, Kumaracoil, Tamilnadu, India.
2R. Rajesh, Principal, Rohini College of Engineering & Technology, Anjugrammam, Tamilnadu, India.
Manuscript received on September 23, 2019. | Revised Manuscript received on October 15, 2019. | Manuscript published on October 30, 2019. | PP: 4861-4870 | Volume-9 Issue-1, October 2019 | Retrieval Number: A1763109119/2019©BEIESP| DOI: 10.35940/ijeat.A1763.109119
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Now days the use of third-party logistics market is very important and the usage of 3PL service is increasing day by day. The companies are approaching the third-party logistic providers in order to reduce their logistic cost, and to focus on core competency of business market in the world. It helps to take the company to the next level of competency and development in the market. This comparative study has analyzed the third-party logistics status between India and the UAE. This comparison is based on different surveys done by another investigator with our investigation. More than 75% of the clients are satisfied with their 3PL operators and it is a good indication of customer satisfaction towards the 3PL firms. According to the author’s understanding, there is no comparative analysis done for the third-party logistic market of the UAE and other countries. This comparative study reveals the clear perception about the 3PL status between India and the UAE. The usage of IT application and its impact during 3PL operations are very crucial in both industries. In conclusion, it is found that the usage of 3PL service is growing fast day by day in India and the UAE.
Keywords: Comparative study, 3PL market, India, UAE