(Mt) – MGT 322 SEU Outsourcing and Offshoring Initiatives Questions

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Please view explanation and answer below.‫المملكة العربية السعودية‬Kingdom of Saudi Arabia‫وزارة التعليم‬Ministry of Education‫الجامعة السعودية‬Saudi Electronic‫اإللكترونية‬UniversityCollege of Administrative and Financial SciencesAssignment 2Deadline: 16/04/2022 @ 23:59Course Name: Logistics ManagementStudent’s Name:Course Code:MGT322Student’s ID Number:Semester: IICRN:Academic Year: 1443/1444 HFor Instructor’s Use onlyInstructor’s Name:Students’ Grade:Level of Marks:Instructions – PLEASE READ THEM CAREFULLY• The Assignment must be submitted on Blackboard (WORD format only) via allocatedfolder.• Assignments submitted through email will not be accepted.• Students are advised to make their work clear and well presented, marks may bereduced for poor presentation. This includes filling your information on the cover page.• Students must mention question number clearly in their answer.• Late submission will NOT be accepted.• Avoid plagiarism, the work should be in your own words, copying from students orother resources without proper referencing will result in ZERO marks. No exceptions.• All answered must be typed using Times New Roman (size 12, double-spaced) font.No pictures containing text will be accepted and will be considered plagiarism).• Submissions without this cover page will NOT be accepted.Assignment: 2Submission Date by students: Before the end of Week- 11thPlace of Submission: Students Grade CentreWeight:10 MarksLearning Outcome:1. Demonstrate an understanding of how global competitive environments are changing supply chainmanagement and logistics practice.2. Apply essential elements of core logistic and supply chain management principles.3. Analyze and identify challenges and issues pertaining to logistical processes.Assignment Workload:This assignment is an individual assignment.Critical ThinkingOutsourcing and offshoring initiatives can help an organization fine-tune its business model tobecome more resilient and profitable. At the same time, these initiatives present challenges.In today’s highly competitive, extremely variable, and dynamic environment, many firms areseeking solutions. Supply chain management becomes more sophisticated and the differencebetween 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 andoffshoring activities that are far from their core businesses. In many cases firms decide tooutsource 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 anySaudi Local company or any Multinational company.Questions: Each Question Carrying 2 Marks.1. Define Third party logistics firms? Discuss its working procedure? (400-500 Words)2. Explain the motivational factors for going internationally? (400-500 Words)3. On what ground companies choose developing country’s location for offshoring? Useexamples. (Mention the country and decisive factors). (400-500 Words)4. Why do companies outsource? (Use example of any Saudi company along its objective andscope for outsource). (400-500 Words)5. Assess the reasons for using third party logistics service in Saudi Arabia? Using examples,Explanation regarding their logistics performance and priorities. (400-500 Words)The Answer must follow the Key word/ outline points below:•Outsourcing , offshoring,Third Party logistics•Their Main functions•Motivational Factors /Drivers•Any local example•Reasons with suitable Examples•ReferenceNote: You can support your answer by reading chapter 4 of your book.You can use secondary source available on internet. Please use APA-style referencing.An…

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