Definition of Third Party Logistics
Third party supply of logistics related operations between traders by an independent organization. Third Party Logistics is the activity of outsourcing activities related to Logistics and Distribution. The 3PL industry includes Logistics Solution Providers (LSPs) [...]
Flexible Warehousing & Logistics Solutions
The big buzzword sometimes used by marketing folks in the logistics industry is “flexible warehousing.” For those of you who are new to third party logistics or are still in the discovery phase of outsourcing [...]
Logistics Abbreviations
3PL - Third Party Logistics 4PL – Fourth Party Logistics ABC – Activity Based Costing ABM - Activity Based Management AOM – Advanced Order Management APS – Advanced Planning System ATP – Available to Promise [...]