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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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