Logistics Service Providers (LSP)

Logistics Service Providers (LSPs) are companies that manage the transportation, warehousing, and distribution of goods on behalf of other businesses. They handle tasks like shipping products from factories to customers, storing inventory safely, and ensuring timely deliveries. LSPs leverage expertise, technology, and networks to optimize supply chain operations, reducing costs and improving efficiency for their clients. Think of them as specialized partners that ensure products move smoothly from production to final destination, allowing businesses to focus on their core activities while relying on the LSP’s knowledge and resources for logistics.