Question: Supply chain management entails the efficient planning, design, execution, control, and monitoring of supply chain operations to regulate products and services. Supply chain and logistics

Supply chain management entails the efficient planning, design, execution, control, and monitoring of supply chain operations to regulate products and services. Supply chain and logistics management are indisputable necessities for any business working in a variety of industries. One of the most important principles of logistics management is the seven "Rights," which managers must understand and execute in logistics

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Analyse and explain the importance. Support your argument with examples.

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