Common Regulations for both Assignments: These assignments are an individual ass

Question

Common Regulations for both Assignments: These assignments are an individual assignments. All students are encouraged to use their own words. Student must apply Saudi Electronic University academic writing standards and APA style guidelines. Support your submission with course material concepts, principles, and theories from the textbook along with at least two scholarly, peer-reviewed journal articles. A mark of zero will be given for any submission that includes copying from other resource without referencing it. Write at least two to four pages in length for each assignment, excludingthe title page, abstract and required reference page, which are never a part of the minimum content requirements. It is strongly encouraged that you should submit all assignments into the safe assignment Originality Check prior to submitting it to your instructor for grading. Assignment No: 2: Critical Thinking Instructions: Read the topic “Supply Chain Management”from your desired sources and write the answer keeping an eye on the given below important points: --------------------------------------------------------------------------------------------------------------------- Q. Analyzecritically that under what circumstances might a company want to use Supply Chain Services in LogisticsManagement from a third party? Although it largely depends on students creativity but answer KEY points should be included: • ships small packages occasionally • cost of shipment • delivery time • package pick-up time • customer preference • price of good and reliability of the carrier • dependability

(just follow the APA style , forgot about our university style )

should i provide you with article !!!!

there is no specific one , you can chose any article from internt related to the supply chain

Explanation / Answer

Third party logistics (3PL) is the entity to whom a company outsources its supply chain, distribution and fulfillment services. 3PL are basically the masters of the trade in supply chain logistics.

The major reasons why companies outsource to 3PL:

Most companies outsource the non-critical and non-core activities to a third party. The main intent behind outsourcing is to save resources, time and money. These assets can be utilized in the critical and functional aspects of business, which provide the competitive edge to the business. Using a 3PL,company eliminates the requirement to invest in warehouse, transportation, technology involved and the staff involved in logistics. Also as the 3PL are masters of their business i.e. logistics, the risk of heavy mistakes gets minimized.

The outsourcing to 3PL saves time doing paperwork, auditing, billing, training and transporting the logistics. This time can be spent to improve performance on core activities.

Another benefit of opting for a 3PL provider is that outsourcing helps in catering to the space, labor, freight and transportation provided by the 3PL. The scale of all above factors can be changed as per the order size, without any extra expense being incurred on the organization. The distribution centers of such 3PLs are strategically located so as to facilitate seamless and quick shipping of orders. This increases customer satisfaction and builds the loyal customer base of the company.

3PLs provide the option of continuous optimization to the parent company. Modifications in the order or the connection can be made as and when needed. This change can be done, without adding any extra expense to the company. This also favors the customers of the company as their requirements and changes can be easily accounted by the company. This gives a competitive edge to the company over its competitors.

As the whole logistics has been outsourced to 3PL, the space occupied by the inventory as well as the assembly line machinery is made free. The company can use such space for addressing critical issues and thus increasing the productivity of the company as well.

3PL are masters of their trade, so they have the knowledge of the best practices and the trends followed by the competitors. So, the company does not have to worry about R&D or technology advancement, as all such entities will be catered to by the expertise of the 3PLs.

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.