ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
PL stands for
|
Three points logistics
|
|
Third party logistics
|
|
Three points location
|
|
None of the above
|
Explanation:
Detailed explanation-1: -What does PL stand for? The term PL stands for Party Logistics and refers to the level of logistics outsourcing: the higher the number in front of the letters PL, the higher the level of outsourcing.
Detailed explanation-2: -A 3PL (third-party logistics) provider manages all aspects of fulfillment, from warehousing to shipping. A 4PL (fourth-party logistics) provider manages a 3PL on behalf of the customer and other aspects of the supply chain.
Detailed explanation-3: -1PL-First-Party Logistics. 2PL-Second-Party Logistics. 3PL-Third-Party Logistics. 4PL-Fourth-Party Logistics.
There is 1 question to complete.