Benefits and Risks of Outsourcing Logistics in Romanian Industry
VerifiedAdded on 2023/02/01
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AI Summary
This research report investigates the benefits and risks of outsourcing and offshoring within the logistics sector, specifically focusing on the Romanian industry and a case study of Yusen Logistics. The study outlines the research aims and objectives, which include understanding the concept of outsourcing, identifying its advantages for companies like Yusen Logistics, and determining the associated risks. The research employs a qualitative methodology, utilizing interpretivism and both primary and secondary data collection methods. Primary data is gathered through questionnaires, while secondary data involves a literature review. The data interpretation section presents findings based on themes such as awareness of outsourcing, its impact on trade practices, and factors driving outsourcing decisions. The report analyzes the benefits, including cost reduction and access to expertise, while also addressing potential risks like management difficulties and security concerns. Recommendations are provided, suggesting strategies for Yusen Logistics to optimize its outsourcing practices, including hiring skilled employees, enhancing network security, and engaging with customers to address service issues. The report concludes with a list of relevant references.
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