What is a Third Party Logistics Provider (3PL)?
What is a Third Party Logistics Provider (3PL)? Do some research on the Internet to find a 3PL and describe what it offers its customers. Discuss your experience with a 3PL or discuss how one could be used by an organization in an industry you select.
At least one reference should be used.© SolutionLibrary Inc. solutionlibary.com 9836dcf9d7 https://solutionlibrary.com/business/business-management/what-is-a-third-party-logistics-provider-3pl-7dut
...ssistance in supply-chain through customized operational software and systems that can help finishers manage and control inventory, plan production and institute quality and traceability measures. These providers play a key role in integration, sustainability and security of the supply chain. 3PL is that part of the supply chain process that plans, implements and controls the efficient flow and storage of goods, services and related information from the point of origin to the point of consumption, making sure that customers' requirements are constantly met. Business owners and chief executives decide to turn over their supply chains to logistics experts who specialize in driving performance and efficiencies. The advantages of using 3PL are the desires to: save money, do it better, keep up with technology and the ability to focus on company's core strengths.
Companies usually outsource transportation and warehousing. Others include customs clearing and brokerage, forwarding, shipment consolidation, reverse logistics and cross docking.
An organization must have strong relationships with the third parties that it wants to go contract with otherwise the whole business could be in peril. Before deciding on picking a 3PL, a ...