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      Logistics Glossary

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      There are currently 6 logistics in this directory beginning with the letter T.
      T
      Third Party Logistics Provider (3PL)

      A firm which provides multiple logistics services for use by customers. Preferably, these services are integrated or bundled together, by the provider. These firms facilitate the movement of parts and materials from suppliers to manufacturers, and finished products from manufacturers, and finished products from manufacturers to distributors and retailers. Among the services they provide are transportation, warehousing, cross docking, inventory management, packaging, and freight forwarding.

      Third Party Warehousing

      The outsourcing of the warehousing function by the seller of the goods.

      Throughput

      A measure of warehousing output volume (weight, number of units). Also, the total amount of units received, plus the total amount of units shipped divided by two.

      Tracking and Tracing

      Monitoring and recording shipment movements from origin to destination.

      Trailer Drops

      When a driver drops off a full truck at a warehouse and picks up an empty one.

      Transit Time

      The total time that elapses between a shipment’s pickup and delivery.