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What is Third Party Logistics (3PL)?
3PL: Third-party logistics companies provide any number of services having to do with the logistics of the supply chain. This includes transportation, warehousing, picking and packing, inventory forecasting, order fulfillment, packaging and freight forwarding.
Third-party logistics in logistics and supply chain management is an organization's use of third-party businesses to outsource elements of its distribution, warehousing, and fulfillment services.
3PL refers to third-party logistics. It is a provider that handles all aspects of your logistics supply chain to enable a seamless delivery and processing operation. Since these providers are not from your business and are a separate entity of they are known as 3PL or third-party Logistics Providers.
A 3PL provider uses its warehousing, inventory management, and logistics assets to fulfill the client’s orders. A 3PL is a great option for eCommerce sellers who wish to entirely focus on getting more customers and offering them the best customer experience. To know more details visit here