Third-Party Logistics, or 3PL, refers to the outsourcing of logistics and supply chain management functions to a specialized service provider. These providers handle various tasks, including transportation, warehousing, inventory management, and order fulfillment, allowing businesses to focus on their core operations. By partnering with a 3PL provider, companies can benefit from reduced costs, improved efficiency, and access to advanced technology and expertise. This collaboration helps businesses scale their operations, adapt to market changes, and enhance customer satisfaction through timely delivery and reliable service.