Logistics and Third-party logistics

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Difference between Logistics and Third-party logistics

Logistics vs. Third-party logistics

Logistics is generally the detailed organization and implementation of a complex operation. Third-party logistics (abbreviated 3PL, or sometimes TPL) in logistics and supply chain management is a company's use of third-party businesses to outsource elements of the company's distribution and fulfillment services.

Business alliance

A business alliance is an agreement between businesses, usually motivated by cost reduction and improved service for the customer.

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Cargo

In economics, cargo or freight are goods or produce being conveyed – generally for commercial gain – by water, air or land.

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Courier

A courier is a company that delivers messages, packages, and mail.

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Cross-docking

Cross-docking is a practice in logistics of unloading materials from an incoming semi-trailer truck or railroad car and loading these materials directly into outbound trucks, trailers, or rail cars, with little or no storage in between.

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Freight forwarder

A freight forwarder, forwarder, or forwarding agent, also known as a non-vessel operating common carrier (NVOCC), is a person or company that organizes shipments for individuals or corporations to get goods from the manufacturer or producer to a market, customer or final point of distribution.

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Freight transport

Freight transport is the physical process of transporting commodities and merchandise goods and cargo.

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Order fulfillment

Order fulfillment (in British English order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer.

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Outsourcing

In business, outsourcing is an agreement in which one company contracts its own internal activity to a different company.

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Supply chain management

In commerce, supply chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.

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Track and trace

In distribution and logistics of many types of products, track and trace or tracking and tracing, concerns a process of determining the current and past locations (and other information) of a unique item or property.

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Transport

Transport or transportation is the movement of humans, animals and goods from one location to another.

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Warehouse

A warehouse is a commercial building for storage of goods.

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