Definitions for "Continuous replenishment"
A method typically used between retailers and distributors or manufacturers that uses point-of-sale inventory and sales data to trigger automatic replenishments, with the vendor assuming responsibility for initiation and fulfillment.
Continuous Replenishment is the practice of partnering between distribution channel members that changes the traditional replenishment process from distributor-generated purchase orders, based on economic order quantities, to the replenishment of products based on actual and forecasted product demand.
An ordering process based on the exchange of electronic data between a store and a distributor that indicates when a store is running low on a product and needs a new shipment of the item. CRP programs reduce inventory levels and operating costs by having