Business Finance
MGT 322 Saudi Electronic University Logistic Management Questions

MGT 322

Saudi electronic university

MGT

Question Description

I’m working on a Management question and need guidance to help me study.

  • What are Third party logistics firms?
  • Explain the motivational factors for going internationally?
  • On what ground companies choose developing countries location for offshoring? Use examples. (Mention the country and decisive factors)
  • Assess the reasons for using third party logistics service in Saudi Arabia? Using examples, Explain

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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: LOGISTIC MANAGEMENT

Logistic Management
Student’s Name
Institution

1

LOGISTIC MANAGEMENT

2

Answer 1
A third-party logistics provider, abbreviated 3PL, is a company that offers a one-stopshop service to its clients of outsourced logistics services for part, or all of their supply chain
management functions (Chen, Goan, Huang, 2011). These are companies that offer any number
of services that have to do with the logistics of a chain of supply. The logistics services comprise
but not restricted to transportation by sea, air, or land, warehousing, logistics planning along with
value-added services like labeling or packaging. Most 3PL operations in Europe still have to be
designed on management, dangerous goods management, and offshore logistics. Generally, 3PL
firms hardly have their warehouse or transport assets, given that they match the supply and
demand for logistics services through customization and aggregation. Firms employ third part
logistic dealers to manage their logistic processes within a productive and cost-effective manner.
Moreover, the third-party logistic firms may control a single entity or a horde of different supply
chain procedures in a corporation.
Answer 2
Variou...

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