Partnership with third-party logistics is not complicated as it may appear. It's almost like having fractional ownership of a warehouse, instead of you having to own a big facility and pallet racking.
For a long time procurement has focused on strategic sourcing and contract negotiation as a way of delivering savings to a business. But now more and more businesses are looking beyond that point to post contracts to deliver real value to the business.
It is not the individual organizations that succeed in most markets but the supply chains in which they operate.