Logistics Management ASSIGNMENT -2 Submission Date by students: Before week 10

Logistics Management
ASSIGNMENT -2
Submission Date by students: Before week 10
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. Analyse and identify challenges and issues pertaining to logistical processes.
Assignment Workload:
This assignment is an individual assignment.

Critical Thinking
Many businesses are looking for answers in the fiercely competitive, wildly unpredictable, and dynamic climate of today. As supply chain management grows more complex and the gap between what businesses want to do and what they can do internally widens, businesses start to understand that doing the right thing is more exciting than doing everything. As a result, by outsourcing and offshoring tasks that are unrelated to their main business, companies become sharper and more specialized. Businesses frequently choose to contract out this function in full or in part to agents or outside logistics companies.
Provide an answer to the following questions by acknowledging any local or multinational Saudi enterprise using the offshoring and outsourcing concepts.

Question:
What functions do third-party logistics companies provide to ensure that a global organization’s supply chain operates smoothly? (3 Mark)
What are the driving forces behind businesses expanding abroad? (3 Mark)
Why do businesses seek to offshore their work to developing nations? 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.