3PL Warehousing
Description
The use of third-party companies by an organization to outsource portions of its distribution, warehousing, and fulfillment services is known as third-party logistics (abbreviated as 3PL or TPL) in logistics and supply chain management. In order to meet customer demands and delivery service specifications for their products, third-party logistics providers typically specialize in integrated operations of warehousing and transportation services that can be scaled and customized to their needs, based on market conditions. Services frequently go beyond logistics to include value-added services connected to the manufacture or acquisition of goods, like 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). 3PL focuses on specific supply management tasks like warehousing, shipping, or providing raw materials. [1]
Details
- Category - Warehousing
- Service - 3PL Warehousing
- Duration - As required
- Cost - Low
