Question: I also need an introduction for the 7R's and explaining more about the Right Price My question is: this is a group assignment. My group

I also need an introduction for the 7R's and explaining more about the Right Price My question is: this is a group assignment. My group has picked Right Price. My part is writing an introduction part and Preventative for this assignment. Can you help me write an introduction part, please? Thank you so much! In class we looked at the 7Rs of Supply Chain or Logistics: Right Customer Right Location Right Product Right Condition or Quality Right Price Right Quantity Right Time Consider one of the 7Rs and analyze how a typical Distribution Centre would incur Preventative, Appraisal, and Failure costs relating to this R. Next, considering the preventative costs of failure, analyze and discuss robust closed-loop solutions to prevent a reoccurrence of this failure; what management mechanisms could be put in place to ensure that the failure does not happen in the future.

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