ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A 4PL is
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a 3PL owned by transportation related firm
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a firm used to implement Facility Utilization and Equipment Utilization Strategies
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looked to for sustaining successful supply chain relationships
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a group of 3PLs owned by the company
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Explanation:
Detailed explanation-1: -The original definition of 4PL covered 4 key elements: Architect/integrator, Control room, Supply Chain Infomediary and Resource Provider.
Detailed explanation-2: -As a 4PL deals with suppliers and the customer at both ends of the chain, 4PL services have the ability to collect and analyse data from both parties and use that feedback to shape the best supply chain for the business.
There is 1 question to complete.