ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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PL stands for
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Three points logistics
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Third party logistics
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Three points location
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None of the above
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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.