Business Finance
MGT 322 Saudi Electronic University Third Party Logistics Questions

MGT 322

Saudi electronic university

MGT

Question Description

I don’t understand this Management question and need help to study.

  • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
  • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

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College of Administrative and Financial Sciences Assignment 2 Deadline: 28/03/2020 @ 23:59 Course Name: Logistics Management Student’s Name: Course Code:MGT322 Student’s ID Number: Semester: II CRN: Academic Year: 1440/1441 H For Instructor’s Use only Instructor’s Name: Students’ Grade: Level of Marks: Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. • Students must mention question number clearly in their answer. • Late submission will NOT be accepted. • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism). • Submissions without this cover page will NOT be accepted. Assignment: 2 Submission Date by students: Before the end of Week- 10th Place of Submission: Students Grade Centre Weight: 10 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 In today’s highly competitive, extremely variable and really dynamic environment, many firms are seeking solutions. Supply chain management becomes more sophisticated and the difference between what firms want to achieve and what they can do in-house continues to grow, firms begin to realize that doing the right thing becomes more interesting than doing everything. Accordingly, they are becoming better focused and more specialized by outsourcing and offshoring activities that are far from their core businesses. In many cases firms decide to outsource this function in whole or in part to agents or third party logistics firms. Using this concept of offshoring and outsourcing answer the following questions by taking any Saudi Local company or any Multinational company. Question: 1. What are Third party logistics firms? 2. Explain the motivational factors for going internationally? 3. On what ground companies choose developing countries location for offshoring? Use examples. (Mention the country and decisive factors) 4. Assess the reasons for using third party logistics service in Saudi Arabia? Using examples, Explain The Answer should be 3- 4 pages in length including the cover page and reference. The Answer must follow the Key word/ outline points below: • Outsourcing ,offshoring ,Third Party logistics • Their Main functions • Motivational Factors /Drivers • Any local example • Reasons with suitable Examples • Reference Note: You can support your answer by reading chapter 4 of your book. You can use secondary source available on internet. Please use APA-style referencing. Answer 1. Answer 2. Answer 3. Answer 4. References. ...
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Final Answer

Attached.

1

College of Administrative and Financial Sciences

Assignment 2
Deadline: 28/03/2020 @ 23:59
Course Name: Logistics Management

Student’s Name:

Course Code:MGT322

Student’s ID Number:

Semester: II

CRN:
Academic Year: 1440/1441 H

For Instructor’s Use only
Instructor’s Name:
Students’ Grade:

Level of Marks:

Instructions – PLEASE READ THEM CAREFULLY

CRITICAL THINKING

2

Answer 1
Third-party logistics firms refer to those firms that focus on the provision of outsourced
logistic services, and this includes anything that revolves around the management of one or even
more features of procurement as well as contentment activities. When it comes to the business world,
it becomes proper to note that third-party logistics has a wide meaning that, to a great extent, applies
to any service contract that consists of storing or even distributing items. It is, therefore, significant
to note that third-party logistics organizations deal with outsourced procurement, distribution
functions, as well as transportation for client firms (Hertz, & Alfredsson, 2003). There are those
third-party logistics firms that focus on specific segments such as freight shipping or what is known
as product sourcing.
On the other hand, there are those firms that fill multiple needs, such as warehousing as well
as distribution. Third-party logistics firms play a tremendous role when it comes to helping various
organizations improve their customer service provisions. This is primarily because these companies
stand in a better position to utilize the global distribution networks as well as what is described as
insider knowledge...

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UC Berkeley

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