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[mtmlogistics-blog]

Everything You Need To Know About Third Party Logistics (3PL) Provider

3PL, short for ‘third-party logistics’, also sometimes known as ‘TPL’, is a term which is commonly used in the logistics and supply-chain management sector. It refers to service providers that handle full or partial distribution and fulfilment services of an organisation.

The concept of 3PL goes back a few decades. The scenario was quite different prior to the 1980s when supply and logistics involved only two parties—the shipper (big retailers, manufacturers, or wholesalers) and the shipping carrier. In subsequent years, globalisation gathered pace and more and more sellers started entering the marketplace. Many of them lacked the resources and expertise to manage their own logistics and distribution needs. To take care of their warehousing, distribution and logistics requirements, intermediaries known as third-party logistics providers came into existence.

Read more: http://brooklynne.net/profiles/blogs/everything-you-need-to-know-about-third-party-logistics-3pl