A rapidly growing segment of the distribution industry in which a manufacturer or supplier turns over the entire function of the supply chain to an independent third party is known as contract logistics.

Question

Quizplus · Accepted Answer

Contract logistics is defined as the outsourcing of logistics activities, including warehousing, transportation, inventory management, and other value-added services, to a third-party logistics provider (3PL). So, the statement is true.

A Rapidly Growing Segment of the Distribution Industry in Which