Business Finance
MGT 322 Saudi Electronic University Third Party Logistics Firms Questions

MGT 322

Saudi electronic university

MGT

Question Description

I’m studying for my Management class and need an explanation.

(WORD format only)

Avoid plagiarism, the work should be in your own words

All answered must be typed using Times New Roman (size 12, double-spaced) font.

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
  • apa Reference

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.

Third-Party Logistic Firms
Outline
1. Answer to Q1
2. Answer to Q2
3. Answer to Q3
4. Answer to Q4
5. References


1

Third-Party Logistic Firms
Student’s Name
Institution Affiliation
Course Name
Professor’s Name
Date

2
Third-Party Logistic Firms
Answer to Q1
Outsourcing is an essential part of the logistics sector in Saudi, which is worth billions of
dollars and contributes a significant percentage to the country’s gross domestic product. The
value of this sector as an economic activity is, without a doubt, evident as compared to the
contributions from other areas. The ratio of outsourcing could increase as many logistic service
providers enhance their efficiency and productivity levels through such efforts as service
integration as well as information technology adoption. Also known as 3PL, third-party logistics
refer to services that permit individuals and companies to outsource numerous operational
logistics while enabling them the opportunity to focus on other business areas. As such, 3PL
firms offer several services, including transportation, warehousing, order fulfillment, and
inventory management, among others. Also, businesses that use 3PL often have numerous
advantages, including the ability to concentrate on other aspects of the industry, such as sales or
product ...

Kishnewt2017 (32588)
New York University

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