Business Finance
MGT 322 Saudi Electronic University Logistics Management Questions

MGT 322

Saudi electronic university

MGT

Question Description

Need help with my Management question - I’m studying for my class.

1- The file should be submitted by 27 March.

2- Plagiarism percentage should below 30%

3- Reference should be written.

4- Must follow the written guidelines and instruction in the attached file.

5- It should be in word format.

6- The textbook can be found below this link

https://drive.google.com/drive/folders/1UMdhK8l9X8jfInQGIlkekS41AlO7hKZ-

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:20727 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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Answer 1: Third-party outsourcing and offshoring
Third-party logistics is a systematic framework used by profit-making organizations to partially
or fully delegate logistic activities to external parties or stakeholders to accomplish.
Organizations, have adopted third party outsourcing and have made it an integral part of their
operations in supply chain. The third-party outsourcing model has become the norm of doing
business among companies globally (Giri & Sarker, 2017). This is because third-party logistics is
known for achieving customer satisfaction through the simplification of the logistics process.
Third-party logistic firms are companies hired to manage a particular section or the entire section
of another organization's logistics operation. These operations include and not limited to,
warehousing, transportation and freight management (Giri & Sarker, 2017).
Functions of third party outsourcing firms
Organizations rely on third-party outsourcing firms to run their logistics functions in most costefficient ways.
Transportation services: Third-party outsourcing firms have heavily invested in sophisticated
machinery that guarantees safe transportation of goods of any nature. Therefore, they have
completely revolutionized the supply chain process for many companies.
Warehousing services: The safe storage of goods and products are only found among third party
outsourcing firms. These firms have the right mechanisms in place that make sure goods a...

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