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Introduction to 3PL, 4PL & Lead Logistics

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About Course

3PL (third-party logistics)

A 3PL (third-party logistics) provider offers outsourced logistics services, which encompass anything that involves management of one or more facets of procurement and fulfillment activities. In business, 3PL has a broad meaning that applies to any service contract that involves storing or shipping items. A 3PL service may be a single provider, such as transportation or warehouse storage, or it can be a systemwide bundle of services capable of handling supply chain management.

How third-party logistics work

Here is an example of how 3PL arrangements operate: A book publisher hires writers, editors and graphic designers to produce publications, but it may not want to handle the consumer ordering process or transportation of book shipments. Instead, the book publisher uses a fulfillment center to process its online orders and hires a trucking carrier to haul its freight. The fulfillment center and carrier both act as 3PL providers. It’s possible for a single 3PL provider to fulfill and ship book orders, too.

By contracting with a 3PL provider, the book company can use supply and distribution services only when needed, thus controlling costs more effectively while focusing on its core competency of producing books.

The growth of 3PLs

Aspects of 3PLs probably date back hundreds, if not thousands, of years. The Council of Supply Chain Management Professionals traces the actual 3PL abbreviation to four decades ago. “The term 3PL was first used in the early 1970s to identify intermodal marketing companies … in transportation contracts,” the council wrote in a glossary. “Up to that point, contracts for transportation had featured only two parties, the shipper and the carrier.”

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What Will You Learn?

  • Learn how 3PL operates, its benefits & Implementation

Course Content

Session 1 Introduction to Logistics Outsourcing

  • Different types
    16:32

Session 2 Characteristics

Session 2 Asset & Non-Asset based

Session 4 To hire or not 3PL

Session 5 Evaluation of 3PL companies

Session 6 Reasons for outsource

Session 7 Checklist to engage 3PLs

Session 8 Ability of 3PLs

Session 9 Warehouse operations

Session 10 Transportation management

Student Ratings & Reviews

4.0
Total 3 Ratings
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4
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JR
7 months ago
In this session, I have learned the basics of 3PL and its importance also gained some knowledge. Thank you, sir, for the opportunity.
AM
8 months ago
The overall program is good ,i suggest to this team to extend program duration so that we can gain some additional skills
LN
8 months ago
Learned some basics of 3PL ,very useful program for beginners
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