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College of Administrative and Financial Sciences
Assignment 2
Deadline: 27/3/2021 @ 23:59
Course Name: Logistics Management
Student’s Name:
Course Code: MGT322
Student’s ID Number:
Semester: II
CRN:
Academic Year: 1441/1442 H
For Instructor’s Use only.
Instructor’s Name:
Students’ Grade:
Level of Marks:
Logistics Management
ASSIGNMENT -2
Critical Thinking
Question:
1. What are the roles of Third-party logistics firms in the smooth running of the Supply
chain process of a multinational organisation? (1.5 Mark)
Third-party logistics companies are the providers of several essential processes and
services from an external or outsourced firm. Such include distribution, storage, and
transportation to the end-user. Outsourced logistics help a business move a product. The firm
lowers transportation expenses because the outsourced company develops a less expensive
strategic distribution path. These firms will help one choose the best product shipping services
to lower damages (Bohling, 2013). Suppose a customer needs to return a particular product. In
that case, the outsourced firm is the bond between the consumer and the manufacturer by taking
back the products and ultimately delivering the correct product to the consumer. Such lower
the time the consumer has to resolve complaints, which in turn improves customer service.
Outsourced firms assist in managing inventory management. Such is attained by assuring tha...