MGT322 3PL Firms Discussion

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1. What are 3PL firms?

2. Assess the reasons for using third party logistics service in Saudi Arabia? Using examples, Explain

3.Reasons why third party logistics arrangement are not always successful?

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MGT 211: Logistics Management SECOND SEMESTER 2018-19 ASSIGNMENT 2 Course: Student name: MGT322 Academic Year Students number: 1439-1440 H Semester: student grade: 2nd Section: Level of the Mark: CRN: Instructions for Assignment Due date for Submission Maximum Marks: Submission Mode Submission method End of Week 11 05 through blackboard Only WORD DOCUMENT PDF not accepted Assignment Regulations: • • • • This assignment is an individual assignment. All students are encouraged to use their own word. Student must apply Harvard Referencing Style within their reports. A mark of zero will be given for any submission that includes copying from other resource without referencing it Logistics Management ASSIGNMENT -2 Submission Date by students: Before the end of Week- 11th Place of Submission: Students Grade Centre Weight: 05 Marks Learning Outcome: 1. Demonstrate an understanding of how global competitive environments are changing supply chain management and logistics practice. 2. Apply essential elements of core logistic and supply chain management principles. 3. Analyze and identify challenges and issues pertaining to logistical processes. Assignment Workload: This assignment is an individual assignment. Critical Thinking The purpose of this assignment is to identify and apply Logistics and Supply Chain Management concepts/tools to suggest logistics performance priorities. To this purpose, you should review about these companies through secondary available information. Think about how you can apply the concepts/tools that you learned in this course. Logistics outsourcing has attracted the attention of lots of industrialist in recent years. As firms enlarge their global reach, they often find that they need to reconsider their internal capabilities in managing the global supply chain. (Trent & Roberts, 2009) commented that many cases firms decide to outsource this function in whole or in part to agents or 3PL (third party logistics) firms. Using this concept of 3PL you should answer the following questions by taking any Saudi company or any Multinational company. Question: 1. What are 3PL firms? 2. Assess the reasons for using third party logistics service in Saudi Arabia? Using examples, Explain 3.Reasons why third party logistics arrangement are not always successful? The Answer should be 3- 4 pages in length including the cover and appendices, with 1" margins on all sides, double-spacing, and 12 point font. The cover of the answer should include title, course code and name, your full name, and your University id number. The Answer must follow the outline points below: • 3PL • Their Main functions • Any local example • Reasons with suitable Examples • Reference
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Explanation & Answer

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LOGISTICS MANAGEMENT

1

Logistics Management
Student’s Name
Institutional Affiliation
Date

LOGISTICS MANAGEMENT

2
Logistics Management

Over the decades, a trend has developed in logistics firms especially in the way they run
their day to day activities. Outsourcing through Third Party Logistics (3PL) firms is an emerging
trend. Globus Logistics situated in Saudi Arabia is a good example of the companies that are
currently outsourcing through 3PL firms. Logistics companies find it crucial to outsource through
3PL firms for effective competition with similar firms. The paper discusses into details the role
that Third Party Logistics firms play in logistics companies. The paper narrows down to a specific
company, Globus Logistics, to help us have a better understanding of 3PL firms.
It is important to understand what Third Party Logistics (3PL) firms are. 3PL firms are
institutions that provide outsourcing services to logistics companies and thus saving the logistics
firms from the burden of having to transport and store their own products. Services offered by
3PL firms are more of managerial in nature as they mainly relate to fulfillment and procurement
tasks. 3PL firms may be single providers or providers who offer multiple services. Single providers
mainly offer storage and transportation services. On the other hand, providers who offe...


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