MTH303 MIDTERM SOLVED PAPERS
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The two most basic types of supply chain relationships are ‘vertical’ (eg buyer-seller) and ‘horizontal’ (e.g. parallel or collaborative). 2. In terms of intensity of involvement, business-to-business relationships can range from transactional to relational and can take the form of a vendor, partner and strategic alliance.
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Although most customers report satisfaction with existing 3PL services, there is no shortage suggestions for improvement. 13. Customers generally have high aspirations for the strategic use of 3PLs and view their 3PLs as key to the success of their supply chain.
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These six steps are critical to the formation and success of supply chain relationships. 4. Collaborative relationships, both vertical and horizontal, have been identified as highly beneficial to the company achieving long-term supply chain goals. “Seven immutable (indisputable and unquestionable) laws of Collaborative Logistics’ provide a framework for developing effective supply chain relationships.
MTH303 MIDTERM SOLVED PAPERS:
Based on the results of a comprehensive study of users of 3PL services, more than 70 percent of enterprises users of 3PL services were investigated to some extent. 8. User experiences indicate a wide range of 3PL services used; the most common are warehouses, outbound shipping and freight bill payment and audit. While non-users of 3PL services have their reasons to justify their decision, the same reasons are sometimes cited by users as a justification for using a 3PL.