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Third party logistics

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Third party logistics, or 3PL, is a business arrangement whereby logistics services, often including warehousing, are contracted to an independent business that specializes in such services and is not connected through direct ownership to the producer or factory requiring the service. See also, supply chain, supply chain management, logistics. Note that all referenced terms are highly interrelated and their definitions are frequently intermingled. [1]

References

  1. http://www.mhia.org/learning/glossary
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