What Are 3PL Services? Meaning and Benefits Explained
Third-party logistics (3PL) is a service in which an outside company provides supply chain management solutions for businesses. 3PL services include inventory management, order fulfillment, freight forwarding and distribution, retail consolidation, warehousing and storage, tracking and tracing of shipments, returns management and more. By outsourcing these key functions to 3PL providers, businesses can focus their…