Practice Quiz

Supply Chain Management

Category - Logistics

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The 6 “R” of logistics are:
  1. Right Product, Right Storage, Right Quantity, Right Handling, Right Quality, and Right Costs.
  2. Right Equipment, Right Place, Right Quantity, Right Production, Right Quality, and Right Distribution
  3. Right Area, Right Place, Right Quantity, Right Handling, Right Transport, and Right Storage.
  4. Right Product, Right Place, Right Quantity, Right Time, Right Quality, and Right Costs.
Explanation
Answer: D - The Chartered Institute of Logistics and Transport (CILT) in UK describes logistics as involving “getting the right product to the right place in the right quantity at the right time, in the best condition (right condition) at an acceptable cost (right cost).”
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