Browsing: Supply Chain

As we know, agility refers to speed and efficiency. And an agile supply chain is focused on speed, cost, efficiency, responsiveness, flexibility, and productivity in the production and delivery of goods. Agile supply chains rely on real-time data.

In this world of transformation Supply chain has become the hottest buzzword of this decade. Supply chain is very important for smooth functioning in an organization.

Simply defined, 3PLs are used to contract with outside parties to handle the warehouse and distribution requirements for their clients’ inventory and fulfillment. A company that specialists in providing services to help manage the supply chain, such as warehouse management, order fulfillment, and shipping orders, is known as a logistics service provider, sometimes known as a third-party logistics (3PL) provider.