Learning Outcome:
- Demonstrate an understanding of how global competitive environments are changing supply chain management and logistics practice.
- Apply essential elements of core logistic and supply chain management principles.
- Analyse and identify challenges and issues pertaining to logistical processes.
Assignment Workload:
This assignment is an individual assignment.
Critical Thinking
In today’s highly competitive, highly unpredictable, and dynamic environment, many organizations are searching for solutions. Businesses begin to realize that doing the right thing is more thrilling than doing everything as supply chain management becomes more complicated and the gap between what they want to do and what they can achieve internally widens. As a result, businesses become more specialized and sharper by outsourcing and offshoring jobs that are not relevant to their core business. Companies usually decide to hire agents or outside logistics firms to do this task entirely or in part.
Answer the following questions by mentioning any Saudi company, whether domestic or foreign, that uses the ideas of outsourcing and offshore.
Question:
- What services do third-party logistics firms offer to guarantee that the supply chain of a multinational corporation runs efficiently? (3 Mark)
- What factors motivate companies to expand overseas? (3 Mark)
- Why do companies try to outsource their work to developing countries?Give instances.
(Mention the country and decisive factors) (3 Mark)
- References (Use APA style of referencing (1 Mark)
The Answer must follow the Keyword/ outline points below:
- Each answer should be 200 to 250 range of word counts.
- Outsourcing, offshoring, Third Party Logistics
- Their Main functions
- Motivational Factors /Drivers
- Reasons with suitable Examples
- Reference
Note: You can support your answer by reading your book.
You can use secondary source available on internet.
