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June 3, 2009February 3, 2015Don Soifer

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Policy Briefing: Third-Party Logistics and the US Economy

June 3, 2009February 3, 2015Don Soifer

Policy Briefing

What is 3PL?

  • Third-Party Logistics (3PL) is the business of managing various elements of the supply chain via contract.
  • 3PL = an efficient market for moving goods.

Benefits for Shippers

  • Drive down costs by identifying inefficiencies
  • Manage transportation strategically
  • Stability through volatility / supply chain interruptions•Inventory optimization
  • Timely flow of first-hand information

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