Introduction to Third-Party Logistics
The third-party logistics (3PL) market is estimated to reach a value of $2.3 trillion by 2031. And with 90% of Domestic Fortune 500 companies using 3PL solutions for their logistics and supply chain functions, it’s not surprising that the industry is enjoying such rapid growth.
But it’s not just large corporations that can benefit from 3PL. Small businesses that don’t have the resources to manage in-house shipping can reap great benefits from outsourcing their shipping and order fulfillment.
If you’re considering third-party logistics (3PL) because you’re scaling and can’t match the increasing logistical demands, or want to streamline your processes and focus on growing your business, you’re in the right place.
In this guide, you’ll learn:
- What third-party logistics is;
- How it works;
- The types of providers you can choose from;
- Pros and cons of using 3PL for your store;
- The best practices for choosing a 3PL service.
Ready to get started? Then read on.
