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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