3PL Warehousing

The use of third-party companies by an organisation to outsource portions of its distribution, warehousing, and fulfilment services is known as third-party logistics (abbreviated as 3PL or TPL) in logistics and supply chain management. In order to meet client requests and delivery service specifications for their products, third-party logistics providers often specialise in integrated operations of warehouse and transportation services that can be scaled and customised to their needs, based on market conditions. Services frequently expand beyond logistics to include value-added services connected to the manufacture or acquisition of commodities, such services that integrate supply chain components. A supplier of these integrated services is referred to as a supply chain management service provider (SCMSP) or a third-party supply chain management provider (3PSCM).