CLEP Marketing

Category - Distribution

___________ is an independent intermediary or logistics provider that conducts some or all functions required by their clients to bring their products and goods to the market.
  1. Wholesaler logistics
  2. Third-party logistics
  3. Second-party logistics
  4. Primary logistics
  5. Secondary logistics
Explanation
Answer: B - Third-party logistics is an independent intermediary or logistics provider that conducts some or all functions required by their clients to bring their products and goods to the market. A third-party logistics (also known as a 3PL) company is a company that provides logistics to business customers for conducting part or all of their supply chain management. These companies specialize in distribution, storage, warehousing, and integrated operations facilitation. Businesses that hire these companies save money and gain added value from the expertise of the third-party logistics.
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