3PL

From warehousing, inventory management, and order fulfillment, third-party logistics is at the heart of the supply chain. For companies that rely on these logistics businesses, the receiving, storing, and shipping of inventory are crucial components to their growth—especially when supply chain management can be complicated. With the specialization of logistics functions becoming a necessity for many organizations, especially with the rise of ecommerce and omnichannel fulfillment, the outsourcing of these specific responsibilities has fallen to third-party businesses called 3PLs.