Business Finance
Saudi Electronic University Logistics Service in Saudi Arabia Questions

Question Description

I’m trying to study for my Management course and I need some help to understand this question.

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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

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Running Head: THIRD-PARTY LOGISTICS FIRMS

Title
Name of the Student
Institution Affiliation
Couse

1

THIRD-PARTY LOGISTICS FIRMS

2

Answer 1.
Third-party logistics firms are firms/companies that enable other companies to outsource or
offshore their logistical operations to them, from warehousing to delivery, allowing them to
concentrate on different parts of their business (Gilliam, 2017). The main functions of these firms are
to provide any number of services that deal with supply chain logistics such as warehousing,
inventory forecasting, packaging, transportation, and freight forwarding. A good example of a third
party logistics firm is Yusen Logistics India.

Answer 2.
Offshoring, which is outsourcing to international companies, is a common practice in modern
business. It is a method preferred in most businesses, especially in developed coun...

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