
3rd Party Logistics (3PL)
Third-Party Logistics (3PL) refers to the use of external companies to manage and handle logistics and supply chain operations on behalf of businesses. This can include services like transportation, warehousing, inventory management, and order fulfillment. By outsourcing these tasks, companies can focus on their core activities while relying on specialized experts to efficiently manage the complexities of shipping and distribution. 3PL providers can offer cost savings, improved efficiency, and scalability, making them valuable partners for businesses looking to streamline their operations.