What Is 3PL and How Does 3PL Work？

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Does your company need to deliver more than 20 orders in one day? Do you need additional storage space for your inventory? Is your business growing rapidly? It may be time to outsource your 3PL needs. Third-party logistics (3PL) is the process of outsourcing logistics services. This includes anything that involves the management of one or more elements of a business’s procurement and fulfillment activities, including storing and shipping items around the world. But understanding how does 3pl works is essential because it's about the extent to which you need to improve different functions inside and outside of your business.