Which practice involves outsourcing core logistics capabilities to specialist providers like DHL and FedEx?

A company is looking to improve cost efficiency while remaining responsive to customer demands in its supply chain operations.

Which practice involves outsourcing core logistics capabilities to specialist providers like DHL and FedEx?
A . Total external asset management
B . Third-party logistics (3PL)
C . Fourth-party logistics (4PL)
D . Stock and inventory management

View Answer

Answer: B

Explanation:

Third-party logistics (3PL) involves outsourcing logistics functions to specialized providers such as DHL and FedEx to improve efficiency and responsiveness. [P-38]