Concept explainers
Company T was founded in 2005 which operated as freight brokerage. Despite good profit, it couldn’t penetrate deep with its partners. So, the company decided to operate as third-party logistics with verticals as electronics, automotive and pharmaceuticals in Country U. Company T had
To determine: Challenges for company T in making operating expansion?
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Transportation: A Global Supply Chain Perspective
- In the relationship between logistics information systems and traders, financial institutions, transportation companies, how does each partymake use of the logistics information supplied?arrow_forwardThird-party logistics (3PL) is a good term for shipping and delivery firms. What are third-party suppliers and why do corporations employ them?arrow_forwardHow can logistics companies increase business with countries in Europe, Asia or Africa?arrow_forward
- With the use of relevant research and relevant examples from the article determine the role of liquid Telecom in the South african internet service provider landscape and discuss why Vodacom must partner with liquid Telecom?arrow_forwardExamine the circumstances under which a buyer would choose to have a third-party logistics provider handle the transportation and storage of purchased goods.arrow_forwardSince the late 1990s, travel distribution has seen a considerable shift from offline to online channels. Many entrepreneurs who were quick to recognise the potential of new technologies have since become major travel intermediaries. Priceline.com was originally set up in 1997 as a travel auction site where consumers offered a price and traders chose whether or not to accept it. In 1999 the company was offered for public sale and valued at US$12.9 billion. Since 2004, The Priceline Group has acquired several online travel retail sites: Booking.com (2005), agoda.com (2007), TravelJigsaw (now rentalcars.com; 2010), KAYAK (2013), OpenTable (2014), Rocketmiles (2015). In addition it acquired reservation-management technology companies that provide revenue and marketing solutions to hotels or restaurants that sell via Booking.com or OpenTable: PriceMatch and AS Digital (2015). The Priceline Group operates six brands, employs 18,500 staff and operates in 224 countries. In 2016 it handled…arrow_forward
- What is third-party logistics (3PL) providers?arrow_forwardHave you ever visited or heard about butterflies’ gardens or houses? It’s an amazing, exciting, and educational experience, right? What also amazing is how they transport such small species globally.I have visited a butterfly garden in Yanbu, and spent all the time thinking of the challenges and difficulties of transporting such small and sensitive species, specially when I knew that they brought most of them all the way from Peru. The reason that made them bring it from there is that Peru has over 3,700 butterfly species and considered the home of more than 20% of the world’s butterflies.Since you have fair amount of knowledge about “Transportation Modes”, let’s work on a real-life case and explore what you would do if you were responsible of transporting those butterflies from Peru to Yanbu.Task:- Think about all parts of the route that would be taken to transport the butterflies from Peru to Yanbu.- For each part, suggest a suitable transportation mode.- Support your suggestion with…arrow_forwardExplain what are the major causes of complexities in a global logistics system ?arrow_forward
- One of the advantages that third-party logistics providers often tout is their ability to provide essential performance and operational data.Describe what this statement means.arrow_forwardSelect two examples for third-party logistics and fourth-party logistics, explain your examples of how you categorize between two.arrow_forwardIn the reverse logistics system, top management support, formalisation, information system, and competitor moderate the influence of reverse logistics system towards firm performance. Do you agree?arrow_forward