Question

In: Operations Management

1. Which resources are used to deliver services by 3PL? (3PL - third-party logistics providers) 2....

1. Which resources are used to deliver services by 3PL? (3PL - third-party logistics providers)
2. What is geographical coverage of 3PL?

Solutions

Expert Solution

Third part logistics are the service providers which work independently and provide various services which includes, Logistics,Warehousing and fulfillment of service.

Requirements of different organization are different and for which resources to used by 3PL team varies from organization to organization and also varies as per the need of customer and service provider.

The more common things that 3PL team use to deliver their service are:

1. Logistical Resources which includes trucks , containers , pickers and dropping ,Packing facilities, etc

2. IT resources & Requirements which includes Computers, soft wares,Tracking System, Payment Gateway websites , printers, inventory management system , SAP, etc

3. Skilled Manpower which can handle the work and manage the inventory effectively, Having good communication & Negotiation skills which helps to better interact with customers and main service providers.

4. Physical shaded area to store the materials and goods and where an office can be established with working staff.

5. Last but not the least, Funds which is the major resource requirement for Conducting any business activity.

Geographical coverage of 3 PL means, the Established network of the service provider within the country or outside the country. Wide geographical coverage means, More numbers of customers are being served with the particular 3PL team.

In simple words, How much the service of the Third part logistic is spreaded over the country or across international boundaries.


Related Solutions

Trips Logistics, a third-party logistics firm that provides warehousing and other logistics services, is facing a...
Trips Logistics, a third-party logistics firm that provides warehousing and other logistics services, is facing a decision regarding the amount of space to lease for the upcoming four year period. The general manager has forecast that Trips Logistics will need to handle a demand of 100,000 units for each of the next three years. Historically Trips logistics requires 1 square feet of warehouse space for 1 units of demand. Trips logistics receives a revenue of $ 1.22 for each unit...
In your evaluation of third party logistics providers, you've decided that you need a _____ since...
In your evaluation of third party logistics providers, you've decided that you need a _____ since they specialize in consolidating shipments and are required to maintain cargo insurance a. freight forwarder b. transport broker c. train engineer c. LTL e.TL
Define the following terms: outsourcing/contract logistics, third party logistics companies, and logistics integrators. Explain, with specific...
Define the following terms: outsourcing/contract logistics, third party logistics companies, and logistics integrators. Explain, with specific details, how each helps the efficiency of supply chain management
Which of the following defense is not generally used when a third party is suing the...
Which of the following defense is not generally used when a third party is suing the auditors? Select one: a. Contributory negligence b. Non-negligent performance c. Absence of causal connection d. Lack of duty to perform service
What is the "Big Deal" with Logistics? 1. Tracking goods (RFID) 2. 3PL 3. High expense...
What is the "Big Deal" with Logistics? 1. Tracking goods (RFID) 2. 3PL 3. High expense 4. Bullwhip Effect 5. Movement inbound and outbound of a facility 6. Order Fulfillment 7. Movement within a facility
Goal: Display tactful behavior when communicating with providers when communicating with medical providers regarding third party...
Goal: Display tactful behavior when communicating with providers when communicating with medical providers regarding third party requirements. Show sensitivity when communicating with patients regarding third party requirements. Materials: Prior authorization form, patient medical chart with planned procedure and CPT code. Diagnosis for proof of medical necessity. Scenario: Patients preauthorization was denied because a second opinion is required. You must explain to the provider new policies from the insurance company requires a second opinion before they will approve the procedure. You...
True or False questions 1. Monetary risk can be minimized through the use of third-party providers,...
True or False questions 1. Monetary risk can be minimized through the use of third-party providers, such as freight forwarders. True or False ? 2. The "maturity period" is the third stage in the product life cycle. True or False ? 3. Global sourcing of materials poses a much higher risk for loss of intellectual property compared to global outsourcing of manufacturing. True or False ? 4. The geographic location of a Plant can be a cost driver when it...
Although MCOs are responsible for contracting with providers to deliver services to their members, MCOs have...
Although MCOs are responsible for contracting with providers to deliver services to their members, MCOs have various networks they offer to their employer group customers to achieve different goals, like local/national networks, cost control, limited/expansive access... There are costs associated with each of these options, whether a higher or lower cost. If you are working for an employer in making the health care purchasing decisions: What options do employers have for compensating providers? What role does reinsurance play in provider...
are groups of health care providers that contract with​ employers, insurance​ companies, or​ third-party payers to...
are groups of health care providers that contract with​ employers, insurance​ companies, or​ third-party payers to provide medical care services at a reduced fee. A. PPOs B. ADDs C. HMOs D. DMOs q2. Employees at​ R&R Carpet and Tile are allowed to take​ one-hour lunch breaks.​Tomas's assistant,​ Gabriella, took a​ two-hour lunch break today without prior approval. Gabriella has never broken any other rules since being employed by the company.​ R&R has a nonpunitive discipline policy. Which one of the...
With the rapid growth of cloud computing, many organizations are contracting with third party service providers...
With the rapid growth of cloud computing, many organizations are contracting with third party service providers to process and store all kinds of data off site. In doing so, entities are now dependent on the effectiveness of controls provided by external software providers and data centers that are used to generate and store a huge volume of data of important information for making critical decisions. 1 What challenges do you see the auditor faced with when auditing a client who...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT