Business Finance
MGT 322 SEU Logistics Management Third Party Logistic Firms Questions

MGT 322

Saudi electronic university

MGT

Question Description

Help me study for my Business class. I’m stuck and don’t understand.

. Kindly see attached file


  • 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.

Unformatted Attachment Preview

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.

Running Head: LOGISTICS MANAGEMENT

1

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:

LOGISTICS MANAGEMENT

2

1. What are Third-party logistics firms?
Third-party logistic firms are companies or organizations that offer third party services
such as warehousing, fulfillment services, and distribution. These companies provide essential
services to the outsourcing companies that help them advance their supply chain and logistics
services (Hertz & Alfredsson, 2003). Companies that outsource from 3PL can save costs on
essential services such as warehousing and managing their supply chain. 3PL companies, in
other words, provide operational logistics ranging from warehousing to delivery of goods and
services to their outsourcing clients. As a result, the outsourcing company can focus on other
essential parts of their business rather than supply chain and logistics activities (Hertz &
Alfredsson, 2003).
2. Explain the motivational factors for going internationally?
Expansion of companies to international markets offers a myriad of opportunities to the
company that highly motivates their move. Some of the notable motivational factors include but
not limited to larger market opportunities, high-profit potential, low tax rates, financing
accessibility, high growth rate potential, unsolicited orders, technological accessibility, cheap
labo...

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