Homework: Critical Thinking
Learning Outcome:
i. Demonstrate an understanding of how global competitive environments are changing supply chain management and logistics practice.
ii. Apply essential elements of core logistic and supply chain management principles.
iii. Analyze and identify challenges and issues pertaining to logistical processes.
Homework Workload:
This homework is an individual homework.
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:
i. What are Third party logistics firms?
ii. Explain the motivational factors for going internationally?
iii. On what ground companies choose developing countries location for offshoring? Use examples. (Mention the country and decisive factors)
iv. Assess the reasons for using third party logistics service in Saudi Arabia? Using examples, Explain.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.