'Global X Electronics is a consumer electronics company that has an extended global supply chain including suppliers from Asia, manufacturing facilities across America, Europe and Asia and stores all across the five continents. Recently Global X Electronics have been experiencing some issues with their downstream transport logistics to retail stores. The costs of transport apparently have increased substantially and they still have not figured it where the root cause of this cost increase lies. To address this issue Global X Electronics should:

Choose only one option

$1$ point

Minimize costs of upstream operations to make up for transport cost increases

Consider outsourcing their downstream transportation to a third party logistics service provider

Identify the root cause of problem and conduct a cost$-$benefit analysis of using a third party logistics service provider

Focus on cost efficiency by closing down their retail stores and offer their products online