Third party logistics

From YourAssociationWiki

Jump to: navigation, search

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 and material handling. Note that all of the referenced terms are highly interrelated and their definitions are frequently intermingled.[1]

References

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