Best practices among 3rd Party Logistics (3PL) firms in Malaysia towards logistics performance

Studies on best practices among the 3rd Party Logistics (3PL) firms towards logistics performance has been conducted broadly nowadays due to the growing rivalry and the needs for survival in the business especially for small players. Discovering the best practices structure as well as endorsing it...

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Main Authors:	Mohamad Makmor, Mohamad Fared, Saludin, Mohamad Nasir, Saad, Mazni
Format:	Article
Language:	English
Published:	HRMARS Management Academic Research Society 2019
Subjects:	TD169 Environmental protection
Online Access:	http://irep.iium.edu.my/72909/ http://irep.iium.edu.my/72909/ http://irep.iium.edu.my/72909/ http://irep.iium.edu.my/72909/1/72909_Best%20Practices%20among%203rd.pdf

id	iium-72909
recordtype	eprints
spelling	iium-729092019-06-27T01:54:13Z http://irep.iium.edu.my/72909/ Best practices among 3rd Party Logistics (3PL) firms in Malaysia towards logistics performance Mohamad Makmor, Mohamad Fared Saludin, Mohamad Nasir Saad, Mazni TD169 Environmental protection Studies on best practices among the 3rd Party Logistics (3PL) firms towards logistics performance has been conducted broadly nowadays due to the growing rivalry and the needs for survival in the business especially for small players. Discovering the best practices structure as well as endorsing its significance on firms’ overall performance has been validated by solid evidence of research literature and reports. Owners and managers are looking for any practical methods to reduce firm’s operational costs and increase efficiency. The Logistics Performance Index (LPI) released by the International Trade and Transport Department of World Bank, which examines logistics performance in 160 countries, ranks Malaysia at the 41 position as in the 2018 report, showing a declining trend from rank 25 and 32 in the 2014 and 2016 reports, respectively. The declining trend give negative signal that the Malaysian logistics performance is getting worst. The purpose of this paper is to study the breadth of best practices as found in the literature, with emphasizing on effort to build a theoretical framework that further discover the adoption of best practices towards logistics performance by 3PL firms in Malaysia. This paper discuss two independent theoretical areas i.e. best practices and logistics performance in relation to the Malaysian’s logistics business operations. Exploring this theoretical areas suggest a research gap in which best practices is abstracted as a method that can be used to provide confirmatory test of its theoretical support to a body of knowledge in the ground of logistics studies. HRMARS Management Academic Research Society 2019-05-23 Article PeerReviewed application/pdf en http://irep.iium.edu.my/72909/1/72909_Best%20Practices%20among%203rd.pdf Mohamad Makmor, Mohamad Fared and Saludin, Mohamad Nasir and Saad, Mazni (2019) Best practices among 3rd Party Logistics (3PL) firms in Malaysia towards logistics performance. International Journal of Academic Research in Business & Social Sciences, 9 (5). pp. 394-405. ISSN 2222-6993 http://hrmars.com/hrmars_papers/Best_Practices_Among_3rd_Party_Logistics_(3PL)_Firms_in_Malaysia_towards_Logistics_Performance1.pdf http://dx.doi.org/10.6007/IJARBSS/v9-i5/5879
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	TD169 Environmental protection
spellingShingle	TD169 Environmental protection Mohamad Makmor, Mohamad Fared Saludin, Mohamad Nasir Saad, Mazni Best practices among 3rd Party Logistics (3PL) firms in Malaysia towards logistics performance
description	Studies on best practices among the 3rd Party Logistics (3PL) firms towards logistics performance has been conducted broadly nowadays due to the growing rivalry and the needs for survival in the business especially for small players. Discovering the best practices structure as well as endorsing its significance on firms’ overall performance has been validated by solid evidence of research literature and reports. Owners and managers are looking for any practical methods to reduce firm’s operational costs and increase efficiency. The Logistics Performance Index (LPI) released by the International Trade and Transport Department of World Bank, which examines logistics performance in 160 countries, ranks Malaysia at the 41 position as in the 2018 report, showing a declining trend from rank 25 and 32 in the 2014 and 2016 reports, respectively. The declining trend give negative signal that the Malaysian logistics performance is getting worst. The purpose of this paper is to study the breadth of best practices as found in the literature, with emphasizing on effort to build a theoretical framework that further discover the adoption of best practices towards logistics performance by 3PL firms in Malaysia. This paper discuss two independent theoretical areas i.e. best practices and logistics performance in relation to the Malaysian’s logistics business operations. Exploring this theoretical areas suggest a research gap in which best practices is abstracted as a method that can be used to provide confirmatory test of its theoretical support to a body of knowledge in the ground of logistics studies.
format	Article
author	Mohamad Makmor, Mohamad Fared Saludin, Mohamad Nasir Saad, Mazni
author_facet	Mohamad Makmor, Mohamad Fared Saludin, Mohamad Nasir Saad, Mazni
author_sort	Mohamad Makmor, Mohamad Fared
title	Best practices among 3rd Party Logistics (3PL) firms in Malaysia towards logistics performance
title_short	Best practices among 3rd Party Logistics (3PL) firms in Malaysia towards logistics performance
title_full	Best practices among 3rd Party Logistics (3PL) firms in Malaysia towards logistics performance
title_fullStr	Best practices among 3rd Party Logistics (3PL) firms in Malaysia towards logistics performance
title_full_unstemmed	Best practices among 3rd Party Logistics (3PL) firms in Malaysia towards logistics performance
title_sort	best practices among 3rd party logistics (3pl) firms in malaysia towards logistics performance
publisher	HRMARS Management Academic Research Society
publishDate	2019
url	http://irep.iium.edu.my/72909/ http://irep.iium.edu.my/72909/ http://irep.iium.edu.my/72909/ http://irep.iium.edu.my/72909/1/72909_Best%20Practices%20among%203rd.pdf
first_indexed	2023-09-18T21:43:23Z
last_indexed	2023-09-18T21:43:23Z
_version_	1777413289034121216

Best practices among 3rd Party Logistics (3PL) firms in Malaysia towards logistics performance

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