Article: Want to outsource logistics? Here's what you should know.

Over the past few years, much has been written about the booming $25 billion contract logistics industry. Magazines like this one have reported how companies have saved millions of dollars by farming out their logistics operations to a third-party provider. However, little has been explained about when a company should outsource its logistics functions and how procurement professionals should go about managing this process.

"I know it's something we need to do," a purchasing executive for a Northeastern manufacturer recently told Purchasing. "I just don't know how to do it."

Identifying the need for logistics help is a difficult first step in the ...

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