Common
Third-party logistics
Concept in logistics
Third-party logistics
Third-party logistics (abbreviated as 3PL, or TPL) is an organization's long-term commitment of outsourcing its distribution services to third-party logistics businesses. A 3PL provider is a company that supplies and/or coordinates logistics functions across multiple links in a supply chain. A 3PL provider acts as an intermediary between the seller or manufacturer (the first party) and the buyer or end user (the second party). Basically, 3PL might be defined as outsourcing of transport and logistics activi-ties to outside companies that are neither consignors nor consignees. 3PL came into existence during the deregulation of freight transport industry in the 1980s and has pro-gressed in the 1990s along with the development of information technologies. Third-party logistics providers typically specialize in integrated operations of warehousing and transportation services that can be scaled and customized to customers' needs, based on market conditions, to meet the demands and delivery...
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