A first party logistics [1PL] provider is the company that is shipping the goods or the company that is receiving the goods. As an example, company A stores and ships the finished goods to company B, who stores and ships the goods to their customers. In this example both company A and company B are first parties in the logistics supply chain.« Back to Glossary Index
Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.