Examlex
What is the alternative approach to primary directive and non-directive approaches? How do you know when to use each of these three approaches?
Financial Based 3PL
A third-party logistics provider that offers financially focused services, including cost management, freight payment, and financial settlement, in addition to traditional logistical services.
Financial Interest
An economic stake or concern in an entity or transaction, potentially influencing personal or organizational decisions and behavior.
Outsourcing
The practice of hiring third-party vendors to perform tasks, handle operations, or provide services that are either difficult to manage or outside the core competencies of the hiring company.
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