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But what does this actually mean?
Very short answer: A 3PL – or third-party logistics company – is a service that allows businesses to outsource their logistics and supply chain management. This may include warehousing, order fulfillment, shipping, etc.
There's a lot to unpack there, of course!
In this video, I'll give you examples of what people mean when they say "3PL." This means giving yourself a clear definition and then talking about what 3PLs do and why people hire them.
Order fulfillment for your small business or crowdfunding campaign. Request a quote today at https://fulfillrite.com/open/
Chapters
00:00 Introduction
01:33 What is order fulfillment?
1:45 2 ways to manage order fulfillment
3:21 Step 1: Receipt
5:05 p.m. Step 2: Inventory management
6:36 Step 3: Storage
7:23 Step 4: Picking, packing and shipping
10:11 a.m. Step 5: Mail pickup/dropoff
11:25 Should we hire help?
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