A key component of supply chain management is logistics management, a system of controls that ensures efficient delivery and integrity of shipping freight. An outsourced logistics service provider (a 3PL or third-party logistics company), can absorb the logistics management needs and offer custom-tailored support by the industry.

Understanding the terminology of a warehouse is important for your business, yet logistics can be confusing. Below are nine terms that will help you better communicate your goals to the provider, and, ultimately, understand the cost of your business.