Li & Fung's Total Value-Added Package,which handles all of its clients' "grunt work" associated with logistics,is an example of ________.
A) integrated logistics management
B) a distribution center
C) selective distribution
D) a third-party logistics provider
E) a cross-functional, cross-company team

Question

Quizplus · Accepted Answer

Li & Fung acting as a vendor that provides logistics services to companies is an example of third-party logistics (3PL) provider. They handle all of the grunt work associated with logistics in a supply chain, such as transportation, warehousing, and distribution, on behalf of their clients.

Li & Fung's Total Value-Added Package,which Handles All of Its