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3PL (Third-Party Logistics)
Definition
An outside provider that handles warehousing, order fulfillment, and/or transportation on behalf of a brand or retailer (Third-Party Logistics, 3PL)
How It's Calculated
Example
A soap brand uses ShipBob, a Third-Party Logistics (3PL) provider, to store inventory and ship direct-to-consumer orders during Q4 peak.
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