Full Form of 3PL
Full Form: | third-party logistics |
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Category: | Business & Finance |
Sub Category: | Business |
What is 3PL Full Form?
3PL is full form third -party logistics
What is third -party logistics?
Third-party logistics, also known as 3PL, is a system where an organisation (a third party) provides logistics services to companies in need of inventory management and distribution. The company (client) with no logistics department usually employs the help of the 3PL company. In turn, the 3PL performs parts or all logistics related activities for the client.