Understanding Third-Party Logistics (3PL): An Essential Component in Modern Supply Chains Third-party logistics (3PL) providers play a pivotal role in the modern supply chain, offering outsourced logistics services to businesses across industries. By managing functions such as warehousing, transportation, inventory management, and order fulfillment, 3PL providers allow companies to focus on their core business activities without getting bogged down by logistical complexities. As...
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