Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

how do you Respond to discussion below? To answer the question, 3PLs has been a lifeline to many transport modes especially the water transportation and

how do you Respond to discussion below?

To answer the question, 3PLs has been a lifeline to many transport modes especially the water transportation and pipeline sector. The benefits of 3PLs is that it offers scalability in terms of assisting a company that uses water transportation to move goods by allowing them to ship in new areas with less hassle and it can save time and money by eliminating the costs due from allocating resources to maintain the warehouse. This allows the company the ability and flexibility to focus on the operational processes and any form of planning that will enhance business growth. However, 3PLs does have its limitations as far as when organization enlist the help of 3PLs, they may have to give up a minor percentage of control which can impact the customer service and customer satisfaction aspect of the business.

In essence to water transportation, it can help reduce the transport cost when there are heavy cargo and bulk cargo that is being transported. Moreover, pipelines have little to no impact environmentally wise and 3PLs often prefer using this transport method due to the ability to transport things that are long distance. Overall, it is about maximizing and capitalizing of improving efficiency and initiating revenue advancement opportunities for the organization. Furthermore, reducing operational expenses for a company is what 3PLs help with. Reducing the burden that companies encounter daily and trying to keep up with the movement of freight can be challenging and create problems within the internal operating processes.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Ethical Obligations and Decision Making in Accounting Text and Cases

Authors: Steven Mintz, Roselyn Morris

4th edition

978-1259543470, 1259543471, 978-1259730191

More Books

Students also viewed these General Management questions