Third-party logistics provider (3PL)
Term · Economic statistics · MLC-T-ECS-001926
An outsourced provider that manages and provides all or a significant part of an organization's warehousing and transportation needs. A 3PL provides under contract some or all of these functions: management of transportation; warehousing; transportation; inventory control; and order management. Companies that provide only trucking services or only warehousing services are not considered 3PLs.
| Identifier | MLC-T-ECS-001926 |
|---|---|
| Field | Economic statistics |
| References | U.S. Census Bureau Glossary |
Record as JSON
{
"id": "MLC-T-ECS-001926",
"term": "Third-party logistics provider (3PL)",
"field": "Economic statistics",
"term_source": "Third-Party Logistics Provider (3PL)",
"definition": "An outsourced provider that manages and provides all or a significant part of an organization's warehousing and transportation needs. A 3PL provides under contract some or all of these functions: management of transportation; warehousing; transportation; inventory control; and order management. Companies that provide only trucking services or only warehousing services are not considered 3PLs.",
"references": [
"U.S. Census Bureau Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/third-party-logistics-provider-3pl/"
}
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