Third-Party Logistics

Definition: Third-Party Logistics is the supply chain management practice where one or more logistics functions of a firm are outsourced to a 3PL provider.
Typical outsourced logistics functions are: inbound freight, customs and freight consolidation, public warehousing, contract warehousing, order fulfillment, distribution, and management of outbound freight to the client's customers.

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More on logistics: Conventional Distribution, Drop-Shipping, Reverse Logistics.

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