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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.
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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.
3rd Party Logistics (3PL) is the supply chain practice where one or more logistics functions of a firm are outsourced to a 3PL provider. The typical logistics functions that can be outsourced are: inbound freight, customs and freight consolidation, contract warehousing, public warehousing, order fulfillment, distribution, and management of outbound freight to the client’s customers. Value Added Services such as repackaging, assembling and return logistics can also be provided. ON behalf of the client company, the 3PL Provider manages and executes these particular logistics functions using its own assets and resources.
3PL companies handle the orders and shipping for another business. Sometimes this is referred to as drop shipping. The supplies for third party logistics companies or 3PLs keep the operation running smoothly. 3PL supplies vary by company and product but the basic supplies needed are universal.
3PL providers can offer …
