3PL (Third-Party Logistics)

Examples

1. 01The company hands its spare-parts warehouse to a 3PL, which stores 12,000 items and ships 900 orders a day to dealers.
2. 02In the quarterly business review, the 3PL's performance is checked against agreed figures for pick accuracy, dispatch time and cost per order line.
3. 03By sharing a warehouse with other customers of the 3PL, the company pays only for the space and labour it uses each month.