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Selecting Logistics Service Providers and Services Assignment 1 Answer

3.1 Details of Each Assessment Item

The assessments for this subject are described below. The description includes the type of assessment, its purpose, weighting, due date and submission requirements, the topic of the

assessment, details of the task and detailed marking criteria, including a marking rubric for essays, reports and presentations. Supplementary assessment information and assistance can be found in Moodle.

KOI expects students to submit their own original work in both assignments and exams, or the original work of their group in the case of group assignments.

Assessment 1

Assessment Type: Case Study – Individual Assessment. 2500 + 10% word report.

Purpose: To allow students to begin to apply the knowledge and skills of the subject to a real world example. This assessment relates to learning outcomes a, b, c and e.

Topic: Selecting logistics service providers and services

Task Details: After reading the textbook notes on page 138, write a report analysing what companies needing a logistics service provider require and the process they follow to select a provider. In responding to the question, please reflect the quantitative and qualitative measures and the various ethical and sustainability issues you would consider when selecting a provider. Research Requirements: Students need to support their analysis with reference from the text and a minimum of eight (8) suitable, reliable, current and academically acceptable sources – check with your tutor if unsure of the validity of sources. Students seeking credit or above grades should support their analysis with increased number of reference sources comparable to the grade they are seeking. Sources such as Wiki, scribed.com , docstore.com , etc. are not considered acceptable sources and should not be used – reliance on such sources will result in a fail grade. The following criteria will be used to mark the assessment: o Research and analysis of company information (30%)o Application of relevant theories of logistics (30%o Development of argument/responses recommended (30%)o Written communication and referencing (10%)

Answer

Selecting logistics service providers and services

Introduction

In modern times, logistics, are a vital part of the organization, that helps and supports the various companies in running smoothly (Centobelli, 2016). It is also how there can be numerous companies, that could choose the competitive course of the growth of global logistics. For the companies, they hold a competitive advantage, while acquiring the logistics company set up. It would be important to outsource the logistics and would be efficient to attain logistics strategies that would be helpful in the attainment of the logistics objectives. For the logistics companies, it would be important to attain a system to match with the outsourcing components that would be fruitful to integrate the business functions. The organization can also take the appropriate help in the outsourced third parties-providers, that could cater to the appropriate distribution centers which can strategically be able to transform the commodities from warehouses to customers along with also helping relative retailers that could provide the high quality and cost-effective. It would be important to associate with the logistics companies, to provide a better system that can support the vendors and the customers.

Company information

It is important to note, how the companies integrate the logistics companies and the related parties, into the system (Alkhatib, 2015). As the companies, have to focus on providing better services and also cater to the large predominant services, it would be important to provide a better edge, through the control of the third parties' logistics (3PL) which would be prominent to support the several business fields. It is also important to make a significant relation to draw better companies' roles, that could transform into the reduced cost of investment (Govindan, 2016). Such as FedEx Corporation along with the Network Global Logistics (NGL) is one of the significant 3PL providers. FedEx is known to be one of the larger companies that could provide a faster delivery along with the scope of the wider range of locations. It would be important to also understand  NGL has also been prominent to even serve the minor clients. It would be important to mark and also be able to balance the general company considerations, it would be creating better capabilities, quality, along with the transformational technology of information systems. The companies have also valued and integrated the valuable relationship with the logistics provider that could be determined as the crucial factors.

The reduction to the financial risks would be based on the huge investment and can focus on the logistic functions (Alkhatib, 2015). The third-party logistics, would be based on the provision that could be aimed at the company increase values and it would be based on the logistics activities and would be dependent on the distribution centers along with the networks, and it would be transitional to the transporting vehicles and it would aim for the equipment, along with the technical staff (Govindan, 2016). It would be important to also think with a similar context to the benefits of knowledge especially and can provide a better warehouse along with withholding to the distribution strategies and it can be provisional to the gain from 3PL providers (Roslan, 2015). 

It is important to think from the same line of the third-party logistics, that would be based on the numerous benefits, and at the same time can be a drawback to appear. It would include the third part of the 3PL firms that would be based on the control that could result in the outbound states (Abbasi, 2016). The focus would be based on the third-party logistics that would be focused on the party provisional and the relation. 

Third-Party Logistics Company

It is important for the growth of industry and at the same time, it would be based on the numerous companies that would be based on the resources related to managing logistics making it effectively. At the same time, making a third-party logistics would be based on the high delivery standards that can be attributed to the customer’s expectation result in the FedEx Corporation and Network Global Logistics (Vega, 2015).

FedEx Corporation

It would be important for the company, to focus on provisional of the extensive areas which can result in the coverage of the  220 countries globally with the 275,000 employees (Sharma, 2015). It has also been seen, during the provisional activities of the logistics companies, there has been a significant gain of the  $ 32.3 billion annual revenue. It is also important to understand how there can be a merit of FedEx Corporation that would result in the door-to-door service along with the provision of the day-definite delivery commitment. It would be important to make the FedEx Corporation understand and deliver in the customers that could be resulting in their transportations. This would be important to quality service, and at the same time, make it an appropriate approach for reliability delivery. The FedEx Corporation has so far been able to support the wide money-back guarantee to the customers.

Network Global Logistics (NGL)

The company has significantly been able to transform and be able to collaborate and relate with the extensive regional distribution centers. So far it has also been able to attain the $ 106 million annual revenue. The company also has transitioned to work collaboratively with the customers that could access progressive process, flight options and includes the track shipments and so on. 

Relevant theories of logistics 

The theories are of the logistics, are based on the related increasing and changing demands for the customers, which would be substantially be provided as increasingly affect logistics. It would also be a consequent demand that would be focused on the customer support that could result in the scale and scope, and at the same time, it can provide a more diversified role. It would be important to also think with a similar context to the benefits of knowledge especially and can provide a better warehouse along with withholding to the distribution strategies and it can be provisional to the gain from 3PL providers (Roslan, 2015). The scope of the logistics support would be beneficial that could be helped to cater to the customer demands on logistics and it would result in the several factors that could help to develop a time-windows for deliveries can be based on the customized order bookings and at the same time would be focused on increased number of packaging types that could help to transit and also be able to focus on the customized labeling, that can provide a variations in number of products that would focus on the per pallet along with the per order. It would be also one of the increased frequency of deliveries that could potentially help relate to the substantial demands and also the JIT demands, which can include the increased product variants which would be helpful in the less volume per order deliverables. 

In the substantial theory of the expanding device to the approaches and the resultants, it would be important to focus on the improvements in mobility. It would focus on the given related to the permitting forces that would focus on the transition for over the longer distances. It would also the transition of the disperse that would be helpful to survive. The logistics company would be also aimed at providing supportive services, that could help devise a plan. 

The importance of the logistics companies has also been appeared and is based on the suitable for the 3PL companies that would be focused on the appeared and it would be based on the selecting. It would be dependent on the suitable provider that could be faced on the opportunity which would be based on the most benefits result in the logistic functions. It would be based on the right firm that would be chosen and it can be based on the third-party logistics firms that would result in the saving money and it would be based on the valuable products resulting in the clients. It is also based on the key requirements that would be based on the third-party logistics on the providers that can be based on the company in terms of the considerations, capabilities, that would govern the quality, and technology of information systems.

It would be based on the logistics parties, which can result in the supportive logistics that would on the knowledge and experience, related to the location of distributions centers, insurance conditions along with the financial stability and it would be based on the services.

The logistics parties, have to be adaptive and also channelize into the major cause of the responsiveness that could manage incident, flexibility and at the same time be fulfilling as per the customer’s requirements, which could result in the facilitation. 

It would be important to balance and transform, the quality that could focus on the time delivery performance and the logistics company would be more focused on the damage and loss, lead time of delivery and would include the inventory turnover along with the excess stock frequency, and also the effective work.

At the same time, the technology of information systems would also aim to provide better accurate information, that could result in the efficient documentation system, invoice accuracy, along with e-communication facilities.

The theory is also based on the nonlinear array of forces which would be substantial and would be based on the provisional to the separation between units. It would be intermixing and would better support systems that could provide an observation, include decision making, and reaction intervals that would become shorter with time. It is also important to understand how there can be a lack of time that can be related to the particular challenge to logistics. It would be important to understand how it can be made real to the logistics that would be dependent on the large logistics concerns. It would be more related to the anticipation and planning which would substantially be related to the physical constraints that could be addressed to the commodities. It would be important to also understand how the logistics companies would be related to the distances that can be delivered. To also have the constructive resourcefulness along with association to the ingenuity of logisticians that could be provided with the tempos.

To have the humanitarian logistics functions it would be related to the preeminent role. The logistics would be based on the joint, multinational, along with addressing the increasing interagency operations. At the same time, it would be important to transform into the logistics capabilities which could provide a better provisional system to support the logistics team.

Recommendation

Logistics companies have been able to transition and bene able to support the vast relation to the introduction of new methods that could focus on transportation. It is defined as the new ways of the supplies that can be transitional and be provided as the influenced logistics directly. At the same time, the logistic companies have to focus on providing a better relationship to make a concrete provision for the indirect, along with extensive byproducts that could use the new techniques and weapons.

There has to be a transitional to the related changes towards the functions and the momentous along with the unexpected changes that could be helpful in the logistics function. It is important to relate and think alike with the evolution of logistics. It is also important to focus and providing a better relationship to make a concrete approach to the relationship drawn to the logistics. The scope of the logistics support would be beneficial that could be helped to cater to the customer demands on logistics and it would result in the several factors that could help to develop a time-windows for deliveries can be based on the customized order bookings and at the same time would be focused on increased number of packaging types that could help to transit and also be able to focus on the customized labeling, that can provide a variations in number of products that would focus on the per pallet along with the per order. It would be also one of the increased frequency of deliveries that could potentially help relate to the substantial demands and also the JIT demands, which can include the increased product variants which would be helpful in the less volume per order deliverables. . It would be dependent on the suitable provider that could be faced on the opportunity which would be based on the most benefits result in the logistic functions. It would be based on the right firm that would be chosen and it can be based on the third-party logistics firms that would result in the saving money and it would be based on the valuable products resulting in the clients. It is also based on the key requirements that would be based on the third-party logistics on the providers that can be based on the company in terms of the considerations, capabilities, that would govern the quality, and technology of information systems.

Conclusion

The third-party logistics, would be based on the provision that could be aimed at the company increase values and it would be based on the logistics activities and would be dependent on the distribution centers along with the networks, and it would be transitional to the transporting vehicles and it would aim for the equipment, along with the technical staff (Govindan, 2016). For the logistics companies, it would be important to attain a system to match with the outsourcing components that would be fruitful to integrate the business functions. The organization can also take the appropriate help in the outsourced third parties-providers, that could cater to the appropriate distribution centers which can strategically be able to transform the commodities from warehouses to customers along with also helping relative retailers that could provide the high quality and cost-effective. It would be important to associate with the logistics companies, to provide a better system that can support the vendors and the customers. Logistics, are a vital part of the organization, that helps and supports the various companies in running smoothly (Centobelli, 2016). It is also how there can be numerous companies, that could choose the competitive course of the growth of global logistics. For the companies, they hold a competitive advantage, while acquiring the logistics company set up. It would be important to outsource the logistics and would be efficient to attain logistics strategies that would be helpful in the attainment of the logistics objectives.

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