Glossary Inventory Managment / Term
Describes businesses that provide one or many of a variety of logistics-related services. Types of services would include public warehousing, contract warehousing, transportation management, distribution management, freight consolidation. A 3PL provider may take over all receiving, storage, value added, shipping, and transportation responsibilities for a client and conduct them in the 3PL's warehouse using the 3PL's equipment and employees, or may manage one or all of these functions in the client's facility using the client's equipment, or any combination of the above. Another term, 4PL is sometimes used to describe businesses that manage a variety of logistics related services for clients by using 3PLs. Also see Public Warehouse and Contract Warehouse or visit < href="/en/inventory-managment" class="q">International Warehouse Logistics Association (IWLA) site.
Permanent link 3PL, Third-party logistics - Creation date 2020-07-05