ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Third-Party Logistics (3PL) can be defined as ____
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Orders that are shipped to customers accurately and quickly speaks to how well logistics provider run their logistics operations.
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outsourcing the supply chain operations and logistics to get a company’s products to their customer.
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process that involves storing and managing physical goods before they are sold.
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None of the above
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Explanation:
Detailed explanation-1: -What is 3PL in supply chain management? 3PL stands for Third-party logistics in supply chain management. 3PL companies are service providers that offer enterprise management services such as packaging, warehousing, transportation and order fulfillment.
Detailed explanation-2: -3PL logistics enables various warehousing processes, distribution of numerous raw materials and finished products, a unification between freight and customs, proper haul management to customers, excellent order fulfillment, and handling both inbound and outbound cargo.
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