What is a 3PL service?
Even logistics professional struggle with the term. Many companies refer to trucking, ocean freight services or warehousing as 3PL Services. Warehousing, transportation and storage by itself is not considered 3PL Services and the company ...
What is a 7PL Company ?
7PL is still considered a concept. Some 4PL companies offer back office support such as accounting, customer service, billing and receivables management. This concept is called by some 7PL Services. This concept is becoming a reality very quickly.
What is a 3PL provider?
What is a third-party logistics (3PL) provider? A 3PL is a firm that specializes in multiple logistics services for use by its customers. These services can include (but are not limited to): Importation/customs clearance. Receiving & inspection. Warehousing.
What are the advantages of 3PL?
The biggest advantage a 3PL can offer its customers is its economies of scale, whereby they can leverage the aggregate of needs across all of the customers they service to gain discounted pricing on packaging products and freight costs from carriers, retain a stable level of staff, etc. , while allowing its customers to “cost-share,” reducing the overall cost to each.
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