Business & Finance

3PL Full Form - What is Full Form of 3PL?

Full Form: third-party logistics
Category: Business & Finance
Sub Category: Business

What is Meaning of 3PL?

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.