A 3PL (third-party logistics) provider is regarded as an integrated logistics service provider. IT-related activities for controlling goods flow such as order processing, and inventory management, among others are also included in the function of the 3PL provider.  Using practical examples define what are 3rd party logistics. The answer should include their functions, advantages and disadvantages.

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter14: Marketing Channels And Supply Chain Management
Section: Chapter Questions
Problem 1DYMP
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A 3PL (third-party logistics) provider is regarded as an integrated logistics service provider. IT-related activities for controlling goods flow such as order processing, and inventory management, among others are also included in the function of the 3PL provider. 

Using practical examples define what are 3rd party logistics. The answer should include their functions, advantages and disadvantages.

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