Outsourced logistics services, which include everything involving the management of one or more aspects of procurement and fulfillment activities, are provided by 3PL or third-party logistics providers. The term “3PL” in business refers to a broad category of service agreements that include the shipment or storage of goods. A 3PL service might be a system-wide bundle of services handling supply chain management or a single provider of services like transportation or warehouse storage.
