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Third Party Logistics (3PL)
Warehousing, Transportation, Order fulfillment and Inventory Management and Optimization. We’ve all heard these terms before. But, did you know how tightly linked they are to a third-party logistics provider? Many companies in today's day and age rely on logistics providers to help scale and enhance their business. Companies like Amazon, Walmart and Grainger all use 3PL’s. And, with the growth of e-commerce and the growing complexity of today's supply chains 3PL’s are becoming a must have for almost every organization. So, what exactly is a 3PL?
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