Business Finance
MGT 322 Saudi Electronic University What Are Third Party Logistics Firms Essay

MGT 322

Saudi electronic university

MGT

Question Description

I’m stuck on a Management question and need an explanation.

  • 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.

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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

check it, and remember you have to include the university cover before submiting. cheers

Running head: LOGISTICS MANAGEMENT MGT322 - ASSIGNMENT 2

Logistics Management MGT322 - Assignment 2
Name
Institution
Instructor
Course
Date

1

LOGISTICS MANAGEMENT MGT322 - ASSIGNMENT 2

2

What are Third party logistics firms?
Today, shippers are increasingly using a service called Third-Party Logistics (3PLs) to
stay more focused on their core competencies and become more efficient in their services. A
Third Party Logistics Company can be described as a company that speaks to potential shippers
as customers. The definition of a third party logistic service may depend on the significant part
of the service, but Cerasis (2020) defined as the combination of business and service provision.
Therefore, Third-Party Logistics Company is a company that provides several services related to
the supply chain such as transportation, packing, picking, packaging, and freight forwarding and
order fulfillment. For instance, transport Third Party Logistics Services are services that extend
beyond standard carrier to offer a comprehensive combination of logistic offerings. Warehousing
Third Party Logistic Services is a service that provides a wide distribution and warehousing
experience. Forwarding services offers forwarder roles beyond conventional middlemen
responsibility while shipper Third Party Logistic Service offers shipping management from the
start to the end (Robinson, 2020). An example of 3PL Company in Saudi Arabia is Kintetsu
World Express that provides services such as freight, customs brokerage,...

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