Untitled Quiz

Few organizations can afford to manage all business activities in-house.

Customers can focus their resources on other activities.

Customers can purchase all their transportation service needs from a single provider.

<p>An external supplier that performs or manages logistics functions.</p> Signup and view all the answers

<p>1PL refers to self-managed logistics, while 3PL involves outsourcing logistics functions to an external provider.</p> Signup and view all the answers

<p>The need for companies to focus on core competencies.</p> Signup and view all the answers

<p>LSPs provide logistics services to customers, including transportation, warehousing, and distribution.</p> Signup and view all the answers

<p>IT helps to overcome the gap between 3PL users' needs and providers' capabilities.</p> Signup and view all the answers

<p>About 75%</p> Signup and view all the answers

<p>Ownership of assets and labor force</p> Signup and view all the answers

<p>UPS, J.B.Hunt, Exel, Ryder, FedEx</p> Signup and view all the answers

<p>Readily available capacity and direct control over customers' freight</p> Signup and view all the answers

<p>Truck fleets, ocean vessels, aircraft, terminals, warehouses, material handling equipment, and technology systems</p> Signup and view all the answers

<p>More flexible and unbiased decision making</p> Signup and view all the answers

<p>Subject to competition for capacity from external providers</p> Signup and view all the answers

<p>Yes</p> Signup and view all the answers

<p>90 percent</p> Signup and view all the answers

<p>Operational, transactional, and repetitive services</p> Signup and view all the answers

<p>Domestic transportation</p> Signup and view all the answers

<p>The difference between the level of IT capabilities required for 3PL expertise and the shippers satisfied with 3PL IT capabilities</p> Signup and view all the answers

<p>Small and midsize companies (SMEs)</p> Signup and view all the answers

<p>A broad, comprehensive set of service offerings</p> Signup and view all the answers

<p>Customer-related, IT-intensive, and strategic services</p> Signup and view all the answers

<p>Technology, automotive, and retailing</p> Signup and view all the answers

<p>The current trend in the 3PL industry is the increasing acceptance of the 4PL model, which will likely lead to a growth in expenditures by current users of 3PL services.</p> Signup and view all the answers

<p>The three stages of digital transformation that CMA CGM went through are Step 1 - Foundational digitalization, Step 2 - Advanced digitalization, and Step 3 - Innovative digitalization.</p> Signup and view all the answers

<p>CMA CGM adopted both incremental and radical strategies to approach the novelty dimension of digital transformation, involving the exploitation of existing digital technologies and the exploration of new possibilities.</p> Signup and view all the answers

<p>The 'Buy new resources' strategy is a key component of CMA CGM's digital transformation process, enabling the company to acquire new digital capabilities and resources to support its transformation.</p> Signup and view all the answers

<p>CMA CGM balanced the need for incremental improvements with the need for radical innovation by adopting a framework that involved both exploiting existing digital technologies and exploring new possibilities.</p> Signup and view all the answers

<p>The key dimensions of the digital transformation framework that CMA CGM used are Novelty, Complexity, and Customer Centricity.</p> Signup and view all the answers

<p>A first-party logistics provider is the firm itself, whereas a second-party logistics provider is an external asset-based logistics provider that physically moves the product through the supply chain.</p> Signup and view all the answers

<p>To provide comprehensive freight distribution services along transport chains, which may include warehousing, transloading, terminal operations, and light manufacturing such as packaging and labeling.</p> Signup and view all the answers

<p>A fourth-party logistics provider is a supply chain integrator that assembles and manages resources, capabilities, and technology to deliver a comprehensive supply chain solution, whereas a third-party logistics provider focuses on physical distribution.</p> Signup and view all the answers

<p>Samsung SDS (digital SCM)</p> Signup and view all the answers

<p>To deliver a comprehensive supply chain solution by assembling and managing resources, capabilities, and technology.</p> Signup and view all the answers

<p>A fourth-party logistics provider may involve agreements with third-party logistics providers to manage complete supply chain strategies for their customers.</p> Signup and view all the answers

<p>Many 3PL firms are now offering 4PL services, blurring the distinction between the two.</p> Signup and view all the answers

<p>Its ability to assemble and manage resources, capabilities, and technology to deliver a comprehensive supply chain solution.</p> Signup and view all the answers