The effect of global logistics trends on 3PL : case Lithuania market

Abstract

True globalization involves much more than simply importing or exporting products and materials. Globalization requires a highly coordinated flow of goods, information, and cash within and across national boundaries. Every globally recognized company has inherently different supply chain and third-party logistics (3PL) management. What may work for a company that trades with domestic partners and warehouses doesn’t automatically work for companies trading worldwide. The main problem of the article is how global logistics trends affect third-party logistics systems in Lithuania. Third party logistics as an object of scientific research is thoroughly analyzed in this paper. Impacts of global logistics on domestic 3PL, the advantages and disadvantages in Lithuanian market, its basic trends and prospects are also a subject to research. The article also analyses the challenges that Lithuanian suppliers face in the process of world trade globalization