Third-party logistics or 3PL is a system of Providing Inventory management and Distribution services provided by the businesses or Third parties. Clients who need inventory Management or distribution services usually turn to Third Party Logistics companies for assistance. The third party logistics firms, in turn, perform part of all Logistic related functions for the client.
Third Party Logistics Service is mainly Outsourcing logistic Service includes :
• Transportation (Receiving Points)
• Warehousing (Storage)
• Materials Supply (Packaging)
• Inventory management
• Shipment tracking (shipping)
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You can get an idea about 3PL Logistic with our Infographic image.