3PL & Consultancy

The simplest definition of a 3PL is a company that works with shippers to manage their logistics operations. Logistics can include elements of warehousing, transportation management software, freight rate negotiation, in-depth reporting, forecasting, freight bill auditing and much more. There are literally thousands of 3PLs in the market that have different models and perform different tasks.

WELCO 3PL is an outsourced provider that manages all or a significant part of an organization's logistics requirements and performs transportation, locating and sometimes product consolidation activities. These services go beyond logistics and include value-added services related to the production or procurement of goods,(i.e.) services that integrate parts of the supply chain.

Then the provider is called third-party supply chain management provider (3PSCM) or supply chain management service provider (SCMSP). Third Party Logistics System is a process which targets a particular Function in the management. It may be like warehousing, transportation, raw material provider, etc.