Procurement and Logistics Executive

Procurement and Logistics Executive Interview Questions and Answers

Updated 5 Aug 2022

Q1. What do u kwn abt logistics industry. What is fifo in warehouse industry What is difference between 3pl 4pl and 5 pl in supply chain What's the process to manage warehouse.

Ans.

Logistics industry involves the planning, implementation, and control of the movement of goods and services from one point to another.

  • FIFO stands for First-In-First-Out and is a method of inventory management in which the oldest stock is sold or used first.

  • 3PL (Third-Party Logistics) involves outsourcing logistics and supply chain management functions to a third-party provider. 4PL (Fourth-Party Logistics) involves outsourcing the management of the entire supply chain to a si...read more

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