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A chemical supply company creates a new liquid chemical product which must be shipped by tanker truck. The new chemical is expected to constitute 10% of the firm's sales over the next five years. The company's other sales are all solid powder chemicals. Given these circumstances, which of the following will be the MOST cost effective method for the company to ship the new product'
Correct Answer: D
Utilizing a third-party logistics (3PL) provider specializing in liquid transport offers cost-effective shipping solutions without the need for significant capital investment in specialized equipment. This approach allows the company to focus on core activities while leveraging the expertise and infrastructure of the 3PL provider.