Third-party logistics (3PL) refers to the outsourcing of various logistics and supply chain management services to an external provider. Companies often rely on 3PL providers to handle specific aspects of their supply chain, such as transportation, warehousing, order fulfillment, and freight forwarding. By using a 3PL provider, businesses can focus on their core competencies, reduce operational costs, and improve supply chain efficiency.
Key services provided by 3PL providers include: