Choosing a 3PL by Michael Parakh
Once you’ve made the decision to outsource your logistics functions, finding and choosing a third-party logistics provider (3PL) is the next step. First of all, what is a 3PL? A 3PL is a company that provides logistics or fulfilment services to other companies. A 3PL is responsible for looking after a portion of, if not all of your supply chain, ensuring your products complete their journey.
Selecting a 3PL can be tricky, particularly in today’s competitive economy. Whilst cost is an essential part of the selection process, there are other important considerations that need to be taken into account.
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