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. |
More on logistics: Conventional Distribution, Drop-Shipping, Reverse Logistics. MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
© 2024 MBA Brief - Last updated: 4-12-2024 - Privacy | Terms