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    7rs of Logistics

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    aiswaryasajeevan014
    The 7 R's of logistics are: getting the right product, in the right quantity, in the right condition, at the right place, at the right time, to the right customer, at the right price. This ensures efficient transportation and storage of goods from origin to consumption. The right product considers potential issues in transportation during design. The right customer involves market research to identify and create awareness of products and services. The right price researches market trends to set competitive prices. The right quality coordinates production quantity to balance demand. The right condition preserves product quality during distribution. The right time is crucial, as products must be available when demand occurs. The right place develops robust delivery tracking to the correct locations.

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    7rs of Logistics

    Uploaded by

    aiswaryasajeevan014
    153 views12 pages
    The 7 R's of logistics are: getting the right product, in the right quantity, in the right condition, at the right place, at the right time, to the right customer, at the right price. This ensures efficient transportation and storage of goods from origin to consumption. The right product considers potential issues in transportation during design. The right customer involves market research to identify and create awareness of products and services. The right price researches market trends to set competitive prices. The right quality coordinates production quantity to balance demand. The right condition preserves product quality during distribution. The right time is crucial, as products must be available when demand occurs. The right place develops robust delivery tracking to the correct locations.

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    It is the 7rs of logistics and it comes under logistic management

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    7rs of logistics

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    The 7 R's of logistics are: getting the right product, in the right quantity, in the right condition, at the right place, at the right time, to the right customer, at the right price. This ensures efficient transportation and storage of goods from origin to consumption. The right product considers potential issues in transportation during design. The right customer involves market research to identify and create awareness of products and services. The right price researches market trends to set competitive prices. The right quality coordinates production quantity to balance demand. The right condition preserves product quality during distribution. The right time is crucial, as products must be available when demand occurs. The right place develops robust delivery tracking to the correct locations.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    153 views12 pages

    7rs of Logistics

    Uploaded by

    aiswaryasajeevan014
    The 7 R's of logistics are: getting the right product, in the right quantity, in the right condition, at the right place, at the right time, to the right customer, at the right price. This ensures efficient transportation and storage of goods from origin to consumption. The right product considers potential issues in transportation during design. The right customer involves market research to identify and create awareness of products and services. The right price researches market trends to set competitive prices. The right quality coordinates production quantity to balance demand. The right condition preserves product quality during distribution. The right time is crucial, as products must be available when demand occurs. The right place develops robust delivery tracking to the correct locations.

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    7R’s of logistics

    Submitted by : Aiswarya M
    What is
    logistics
    The process of planning and executing the
    efficient transportation and storage of
    goods from the point of origin to the point
    of consumption.
    7R’s of logistics

    The Chartered Institute of Logistics &


    Transport UK (2019) defines them as:
    Getting the Right product, in the Right
    quantity, in the Right condition, at the Right
    place, at the Right time, to the Right
    customer, at the Right price.
    1.Right product
    •While designing/manufacturing/selecting a
    product, the organization should look into
    potential issues that can arise during
    transportation.
    •Product when designed properly will greatly
    facilitate logistics if they ensure a certain level
    of standardization in the product’s
    measurements during the design will make
    packaging, warehousing, product handling
    and transport considerably easier.
    2. Right customer
    • The right customer is about finding the customer and creating
    an awareness about our product and services. The greatest
    challenge involved in this would be to identify the customer to be
    targeted.

    •The solution to finding the right customer would be to do a


    market research. Managers must have knowledge about their
    target market.

    • If the products are sold in the right market then the company
    gains more leads and they get the right customers that can stay
    with them life-long.
    Right Price
    •Pricingis imperative for the businesses as it is the factor that
    decides whether it has incurred profit or loss.

    • The supply chain manager should research market trends and


    set competitive prices for the goods and services

    •Good system for storing and updating the right prices ensures
    success in logistics management services.
    Right quality
    •Sending right amount of products is also important in
    logistics.

    •Coordinate with the manufacturing and delivery


    team to get the right quantity of products delivered to
    the customers.

    •Production must be in a balance to cater the demand


    and must not make huge inventory cost.
    Right condition
    •The right condition in logistics is about the safe delivery of the
    proposed product. The quality of the products should be
    maintained till the time it reaches the end user or the customer.

    •The distribution strategy should be such that it is preserving the


    quality of the product without increasing the overhead costs.

    • It is the duty of the supply team to ensure that the goods are
    stored properly and delivered to the customers in the right
    condition
    Right time
    •Time is a crucial factor in logistics. Even if everything else in
    the process is done accurately the entire process can fail if the
    timing is not right
    •You must have the products on the shelves or in stock at the
    right time to cater to the demand if the product demand is not
    met at the right time it might be lost to competition
    Right place
    The managers can develop a robust delivery
    system with location tracking so that both the
    customers and the providers can track the
    exact location of the product and get it
    delivered to the right place
    Thankyou

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