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Product management in logistic compony | Life Care Logistic

Product management is the role and function within an organization that is responsible for a product's overall success. Product Managers work with groups inside and outside of the company to build and execute a plan to make sure the product best meets its financial and strategic goals.<br>

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Product management in logistic compony | Life Care Logistic

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  1. Product Management in Logistic Company Life Care Logistic

  2. What is a Product ? A product is an object or system made available for consumer use; it is anything that can be offered to a market to satisfy the desire or need of a customer.

  3. Levels of product Potential Product Unexpected Features Augmented Product Luxury Features Expected Product Expected Features Generic Product Basic Features Basic Product Core Benefit

  4. Classifying Products Durable Products Products Consumer Products Business Products

  5. Objectives of Product Management • To design product strategies • To spot market opportunities • To develop strategies for each stage of product life cycle • To generate new product ideas

  6. Concept Development & Testing of Product • Develop Product Ideas 2. Test the Product Concept with Groups of Target Customers 3. Choose the Best One

  7. What is the Concept of Product Management ? Product management is the role and function within an organization that is responsible for a product's overall success. Product Managers work with groups inside and outside of the company to build and execute a plan to make sure the product best meets its financial and strategic goals.

  8. Why Product Management Important? The purpose of Product Operation is important and essential in an association. Product Operation helps in fusing development, client experience, marketing, and deals. The part can indeed be called “ Product Caretaker”. An optimized Product Operation can increase the association's profit by 30 and further in some cases

  9. Main Focus of Product Management The main purpose of product operation is the development of a new product or products. This product should be better than what's presently available, or at least be suitable to separate itself as unique, in order to be of value for the client.

  10. Operating Principles of Logistic Management • Storage, warehousing, and materials handling • Information and control • Packaging and unitisation • Inventory Transport

  11. Warehouse Management Benefits For Your Business • Developed Processes • Efficient Labor Allocation • Employee Team Spirit • Improved Supplier and Customer Association • Reduced Working Expenses • Better Directory Balance • ERP Integration • Improved Security and Safety.

  12. Best Value Added Services The services provided by logistics companies that include - • Customs procedures • Setting up of assembly • Manufacturing plants • Groupage • Warehousing • Information logistics services • Transportation with a selection of carriers • Negotiation of tariffs.

  13. Thank You…! Address: Life Care Logistic Pvt. Ltd. 37-38, Lasudia Mori, Dewas Naka, A.B. Road, Indore – 452010 M.P. Phone: 0731 4246089 Email: info@lifecarelogistic.com

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