Mastering the Art of Supply Chain Management: Best Practices for Success

Seven R’s of Supply Chain Logistics: What is Supply Chain Logistic? The management of goods from point of origin to the point of consumption denotes to Logistics Management. Supply chain and Logistics management is very important to all business functioning in several organizations. Logistics comprises the several tasks required to get the  right product  to the  right customers at the right time. More broadly, it also means getting the right quantity  of product in the  right condition  to the  right place  at the  right price . Seven Rs of Supply chain logistics Hello, welcome to the scmbestpractice.blogspot.com, My name is Rashid and in this blog, I will tell you about the   7 “Rights’’ (also known as the 7 Rs) is one of the most important perceptions in logistics management. What are the 7 Rs? The Seven 7 Rs of Logistics 1.      Right Product 2.      Right Cust...

IMPORTANCE OF LOGISTICS You buy a Chinese watch that is made in China, and it is delivered to your doorstep in a few days. Perishable items, including seafood, travel from one country to another within a day. All this is possible because of  supply chain logistics . Hello, I am Rashid and in this blog, I will tell you about the   importance of logistics. Definition of Logistics: The entire process of moving materials and products into, within, and out of the company is called logistics. From the point of view of the supply chain, the meaning of logistics is very broad.  Logistics  control and handle the forward and well as  reverse movement  of goods and materials. Logistics provides the service of storage for products and materials from their origin to their final destination. Matching supply and demand is the goal of every company. No matter how big the company is and how big the name is. Logistics is an important aspect of the  supply chain proces...

Inventory Management: Inventory management supports businesses identify how much stock to order and when. It manages the movement and use of items from the time of order to the time they are placed in stock. Hello, I am Rashid and in this blog, I will tell you about the functions of inventory. Also, try to get answers to the questions below. Why is inventory important in the supply chain process? Why do companies keep innovations in the supply chain process? We will try to get answers to these questions from the objectives and functions mentioned below. Valid reasons for holding inventory:

SUPPLY CHAIN INVENTORY | TYPES OF INVENTORY | FUNCTIONS OF INVENTORY  

  Warehouse Checklist:

WAREHOUSE OPERATIONS AND OPTIMIZATION | Seven value-added warehouse activities: