![]() It takes care of the coordination required in the manufacturing or assembling process, movement between factories and warehouses, managing of production spaces, and sticking to a strict schedule. Product management in logistics involves planning, management, and control of the different stages of production within a company. This type of management controls the movement of supplies from a central warehouse to various other locations, involving intense material movement where timely delivery is an important factor. This kind of logistics involves a lot of loading, unloading, tracking, and keeping stock of materials. This movement generally involves moving stored materials or products for further manufacturing or distribution. Supply management needs to be handled on time as delays can lead to a disruption in the entire supply chain. ![]() It also means evaluating the level of supply to match demand to make sure that the process has a smooth flow. This logistics will also involve coordination for the storage and transportation of the materials. Supply management involves the planning, procuring, and coordination of materials that are needed in a certain location at a specific time to support production. The main types of logistics management are as follows: 1. There are many types of logistics associated with different supply chain processes. The logistics management process starts with the accumulation of raw material and goes on to the final stage where goods are delivered to the destination. “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.” One of the most important concepts in logistics management is the concept of 7 Rs or 7 “Rights.” The Chartered Institute of Logistics & Transport (U.K.) defines the 7 Rs as: ![]() It helps organizations improve their supply chain efficiency, reduce transportation and warehousing costs, and increase their overall competitiveness. ![]() Logistics management plays a crucial role in business operations, particularly in industries such as manufacturing, retail, and e-commerce, where timely and efficient delivery is critical for customer satisfaction and retention. This involves optimizing the supply chain to achieve the best balance between customer service and cost-effectiveness. The goal of logistics management is to ensure that goods are delivered to the right place, at the right time, and in the right condition, while minimizing costs and maximizing efficiency. It involves the integration of various activities, including transportation, inventory management, warehousing, material handling, packaging, and security. Logistics management is the process of planning, implementing, and controlling the movement of goods, services, and information between the point of origin and the point of consumption. ![]()
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