0-9 Terms in the Supply Chain Glossary


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3PL
Outsourcing all or much of a company’s logistics operations to a specialized firm which provides multiple logistics services which are integrated or bundled together. Firms facilitate the movement of parts and materials from suppliers to manufacturers, and finished products from manufacturers, and finished products from manufacturers to distributors and retailers. Among the services provided are transportation, warehousing, cross docking, inventory management, packaging, and freight forwarding.

 
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