Third-party logistics, or 3PL for short, refers to the outsourcing of logistics services to a third-party provider. In other words, a company that specializes in logistics services takes care of transportation, warehousing, and distribution on behalf of another company.
The primary benefit of using a 3PL provider is that it allows companies to focus on their core competencies and leave the logistics to the experts. This way, businesses can increase efficiency, reduce costs, and improve customer satisfaction by ensuring faster and more accurate deliveries.