FAQs
What are the job duties and responsibilities of logistics?
Logistics professionals oversee the movement and storage of goods from point of origin to consumption. They manage transportation, warehousing, inventory, and distribution to ensure timely delivery while minimizing costs and maximizing efficiency.
What are the 7 R’s of logistics?
The 7 R’s of logistics are the right product, right quantity, right condition, right place, right time, right customer, and right cost. These principles emphasize the importance of delivering the correct goods, in the proper condition, to the designated location, at the agreed-upon time, and at an acceptable cost.
What is the role of logistics?
The role of logistics is to coordinate and optimize the flow of goods and information throughout the supply chain. It involves planning, implementing, and controlling the efficient movement and storage of products, from procurement to distribution, to meet customer requirements while minimizing costs and maximizing profitability.