The term contract logistics describes the transfer of logistics activities of one enterprise to another specialized logistics service provider. This transfer is governed by long-term service contracts and allows the company to focus on its core business.
Brief description
Contract logistics most generally describes a model in which a product manufacturer or trader enters into a cooperative agreement to create a strategic partnership. The service provider takes over all relevant logistics or logistics-like tasks of the company's operations, which are regulated by the contract. Contract logistics is an instrument that creates long-term partnerships that are built on mutual trust.
