chapter 4

Question 0

types of third party providers? (5)

Answer 0

1. transportation based
   - ups, fed ex.
2. warehouse/distribution based.
   - involved in inventory management, warehousing, distribution.
3. Forwarder based
   - non asset owners who deal with suppliers an logistics services.
4. financial based
   - provide services like freight payment and auditing. cost accounting and control. monitoring logistics management. managing inventory.
5. info based
   - newest form. do logistics, supply chain consulting, freight services, career development.

Question 1

What are third party logistics?

Answer 1

definition: an external supplier that performs or manages the performance of all or part of a companies logistics functions

Question 2

Andrews supply chain management ksf’s

Answer 2

1. don’t delegate critical functions.
   - key sales relationships, quality control
2. don’t become too dependent
   - have a backup
3. put it in writing
   - comprehensive business agreement
4. ensure both sides benefit
5. responsibility for a function should remain In house
   - even if outsourcing, someone should oversee