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Third-party logistics ( PL) partnering

This occurs when a third party provides product delivery services and offers additional supply chain expertise. A 3PL company is an entity that manages all or part of another company’s inbound and outbound freight operations. This partnering between a manufacturer or supplier and a 3PL provider is a result of a trade-off analysis of cost and quality of service. It usually is the result of a review of the manufacturer or supplier’s core competency and acknowledging that another company can provide the same or better service for less cost.

Third-party logistics ( PL) partnering

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