Business Finance
MGT 322 Logistics Management Supply Chain Management Critical Thinking Essay

MGT 322


Question Description

I need an explanation for this Management question to help me study.

Avoid plagiarism

Times New Roman (size 12, double-spaced) font

No pictures containing text

APA-style referencing.

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Assignment 2 Course Name: Logistics Management Student’s Name: Course Code:MGT322 Student’s ID Number: Semester: II CRN: Academic Year: 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 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



Critical Thinking in Supply chain management

Student Name
Institution Affiliation
Course name
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Third-party logistics firms
Third-party logistics firms are organizations that provide operational logistic services such
as transportation, order fulfillment, packaging and labeling, warehousing, and freight forwarding
to retailers, manufacturers, and trading companies. Most companies use third-party logistics firms
so that they can concentrate on other business operations such as production, sales, and marketing,
reduce costs logistical costs, and avoid Long-term Leases (Cabigiosu, Campagnolo, Furlan &
Costa, 2015).
Answer 2
Reasons for going internationally
Companies would want to expand their operations beyond national boundaries due to
various motivational factors that drive them. They are motivated to extend their business operation
in foreign markets with an intent to increase profit margins. When growth and development tactics
succeed at the national level, the next phase is usually aimed to seek growth beyond the national
borders. Offering outstanding services and products build loyalty across international markets,
thus increasing the target customers (Aitken & Harrison, 2013). As a result, more sales are made,
which translates to an increase in revenue.
Competitive advan...

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