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THIRD PARTY LOGISTICS (3PL) MODELS: PERSPECTIVES AND PRACTICES. THE CASE OF THE GREEK PHARMACEUTICAL INDUSTRY
Last modified: 2015-09-16
Abstract
The purpose of the present study is to investigate the probability that Pharmaceutical Companies located in Greece entrust their products’ storage and distribution services with Third Party Logistics (3PL) Companies, as well as the criteria on which this entrusting is based. Questionnaires including open and close type questions filled out by 25 of the largest pharmaceutical companies in Greece, starting from September 2007 to April 2008, were used to collect data. Furthermore, the survey uses the model of Logistic Regression so as to examine the usage of Third Party Logistics’ services. The analysis of the results concluded that the possibility of the pharmaceutical companies to have assigned the distribution and storage of their products to an independent 3PL company depends on the following: - whether the pharmaceutical companies consider that the entrusting of their storage and distribution services to a 3PL company appears no default - whether they believe that great funds are released due to the entrusting of the products’ storage and distribution to 3PL companies, making it difficult - at the same time - to control them in a directly way - whether they use the internet facilities in order to find potential suppliers to cooperate with
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