Talk:Third-party logistics
From Wikipedia, the free encyclopedia
If some organization is a Third Party Logistics provider, who is the First and Second party?
Maybe if you were to think about it for a second you would figure it out. 1st party is the supplier and 2nd party is the company buying the product that was being stored by the 3rd party logistics provider.
Actually, the third party may never have ownership nor possession of the product at all. Rather it is just someone besides the Supplier and the Purchaser who arranges shipping or provides other logistics services, like freight bill payment..
Third party has no responsibility or ownership in the qulaity of the product at delivery, they don't care what the customer really want. Its still up to the First party to answer to the customer when alls wrong, as the customer will always come back to them.
Reply: The answer to the question (who are the 1st and 2nd parties) is simple. They are the Shipper and Consignee. The 3rd party is a facilitator. The 3rd party arranges and is billed for a freight shipment for which they are neither the shipper nor the consignee (hence the "3rd party" designation) and they in turn bill their customer, who may be the shipper or consignee, or a vendor or distributor acting on behalf of the shipper or consignee.
Simply put, the 3rd party is not a party to any transaction which causes freight to be shipped. Their role is to function as an intermediary to get their customer better pricing and service than they would get on their own. The 3rd party has two interests: pleasing their customer and making a profit. Spottacus 23:44, 8 January 2007 (UTC)
