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Inventory Management AI
Increase revenue with demand forecasting, reordering rules and inventory AI
Inventory management
Question

3Pl (Third-Party Logistics) - What does 3PL mean in logistics?

Answer

When a company handles the storage, processing, and delivery of goods for an online store, they are engaging in what is known as "third-party logistics" (3PL). With the help of third-party logistics suppliers, online retailers are able to automate retail order fulfillment and get more done.