Question

In: Operations Management

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

Solutions

Expert Solution

a. Freight forwarder is the one I need as a third-party logistics provider since they specialize in consolidating shipments and are required to maintain cargo insurance.


Related Solutions

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?
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...
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
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...
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...
You are evaluating the purchase of a vehicle for your business. You've decided that the best...
You are evaluating the purchase of a vehicle for your business. You've decided that the best choice is a car that will cost you $35,000, but you're uncertain how long you should plan on holding the car before you replace it. The table below lists the running costs and salvage value of the vehicle for each year. 1 2 3 4 5 Running Costs -3000 -3500 -4000 -4500 -5000 Salvage Value 25000 20000 15000 10000 5000 What is the annual...
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...
Identify how you would tactfully communicate to the medical provider that need to meet all third-party...
Identify how you would tactfully communicate to the medical provider that need to meet all third-party requirements when it comes to documentation and correct coding.
Identify how you would tactfully communicate to the medical provider that need to meet all third-party...
Identify how you would tactfully communicate to the medical provider that need to meet all third-party requirements when it comes to documentation and correct coding.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT