a)
To determine: The suitable outsourcing provider for logistics services using factor- rating method.
Introduction:
Factor-rating method:
The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on a new layout, new locations, best supplier, outsourcing providers, and so on.
b)
To determine: The suitable outsourcing provider for logistics services using factor- rating method when the weights are changed.
Introduction:
Factor-rating method:
The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers etc.
c)
To determine: The suitable outsourcing provider for logistics services using factor- rating method when there is a 10% increase in Overnight Shipping ratings.
Introduction:
Factor-rating method:
The factor-rating method is a quantitative approach to make a decision from various alternatives such that the decision is beneficial to the firm involved. This method is utilized to decide on new layout, new locations, best supplier, outsourcing providers, and so on.
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Operations Management
- Please read the source and help me with the following question. a. you are required to critique supply chains and regional competitiveness inAfrica and the regional location Factor 3 b. discuss Market dynamics of warehouses taking intoconsideration the extract above please note this is one question and not mularrow_forwardNeed answer for no.4 pls, thank you! 4. What are the logistics issues?arrow_forwardFernando Garza's firm wishes to use factor rating to help select an outsourcing provider of logistics services.a) With weights from 1- 5 (5 highest) and ratings 1- 100 (100 highest), use the following table to help Garza make his decision: b) Garza decides to increase the weights for quali ty, delivery, and cost to I 0, 6, and 4, respectively. How does tllis change your concl usions? Why?c) If Overnight Shipping's ra tings for each of the factors increase by I 0%, what are the new results?arrow_forward
- 1 Discuss how the use of Strategic Partnering helps to alleviate the bullwhip effect.2 What is the bullwhip effect and what impacts can it have in the supply chain?3 Discuss and elaborate on the following statement: “The selection of a superior location network can create substantial competitive advantage.â4 What are the penalties of facing highly variable demand? Are there any advantages?5 Show the elements involved in the process of deciding when to order and how much to order by using a âsawtooth modelâ of inventory.6 Distinguish between using an exact optimization technique and a heuristic to solve a problem?7 Explain why risk pooling across locations is attractive to extended supply chains.8 Discuss five (5) ways that the lead times within a supply chain can be reduced.9 âCycleWorld distributes the majority of their orders for pushbikes across 60 vendors so it was very important for them to manage this at a…arrow_forwardSubject: Channel managemet Q) As a channel manager/ sales manager/area manager, in which situation he will apply Retail, Wholesale, distribution and E-commerce channels, explains with example? Q) How do you evaluate and analysis channel partners performance?arrow_forwardFernando Garza's firm wishes to use factor rating to help select an outsourcing provider of logistics services. Part 2 a) With weights from 1 − 5 (5 being the highest) and ratings from 1 − 100 (100 being the highest), use the following table to help Garza make his decision. In the following table, compute the weighted average score for each of the three companies (enter your responses rounded to one decimal place). Criterion Weight (W) Overnight Shipping Worldwide Delivery United Freight Quality 5 86 80 75 Delivery 3 74 90 68 Cost 2 66 81 92 Weighted average score: 78.478.4 83.283.2 76.376.3 Part 3 The best outsource provider is Worldwide DeliveryWorldwide Delivery . Part 4 b) Garza decides to increase the weights for quality, delivery, and cost to 10, 6, and 4,…arrow_forward
- Which entry mode is most suitable for a firm that is trying to realise location and experience curve economies? Question 4Answer a. Licensing b. Wholly owned subsidiary c. Strategic Alliances d. Franchisingarrow_forwardFernando Garza’s firm wishes to use factor rating tohelp select an outsourcing provider of logistics services. a) With weights from 1–5 (5 highest) and ratings 1–100 (100 high-est), use the following table to help Garza make his decision: RATING OF LOGISTICS PROVIDERS CRITERION WEIGHT OVERNIGHTSHIPPINGWORLDWIDEDELIVERY UNITEDFREIGHTQuality 5 90 80 75Delivery 3 70 85 70Cost 2 70 80 95b) Garza decides to increase the weights for quality, delivery, andcost to 10, 6, and 4, respectively. How does this change yourconclusions? Why?c) If Overnight Shipping’s ratings for each of the factors increaseby 10%, what are the new results?arrow_forwardA. Discuss the similarities and differences between the logistics considerations for managers who direct global supply chains and those who direct purely domestic supply chains. Be specific, and explain how various supply chain elements are more important to one type of manager than the other.arrow_forward
- Define logistics strategy and explain why it is needed.arrow_forwardAccording to Pienaar & Vogt, (2016:1) logistics function was therefore essential for a well-coordinated supply chain from the point of origin to the point of consumption.You have been newly appointed as a logistics manager at Hokela Food (SA), One of your major roles would be facilitating the movement of products coming from farmers in the Limpopo province to supermarkets around Gauteng.Question: Explain how you will perform your role as a logistics manager and co-ordinate supply chain activities from the point of origin to the point of consumption.arrow_forwardExplain why do the authors mean when they talk about the idea that logistics is boundary spanning ?arrow_forward
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