A process that encourages suppliers, distributors/wholesalers and convenience store operators to work together more closely to streamline operations, reduce costs, and optimize store assortments so that consumer value is maximized. Efficient Replenishment - The improvement of time and cost factors in the replenishment system through automated retail and warehouse ordering, improved logistics and reductions in damage and inventories for suppliers and warehouses.
An initiative whereby elements of a supply chain work together to fulfil customer wishes better, faster and at less cost.
A joint initiative by members of the supply chain to work to improve and optimise aspects of the supply chain and demand management to create benefits for the consumer e.g. lower prices, more choice variety, better product availability. The mission of ECR Europe is 'To serve the consumer better, faster and at lower costs'.
This initiative, begun in the grocery industry, that "links" all the components in the supply channel from the producer of the goods to the point of sale so as to create efficiencies in replenishments, inventory levels, promotions and new product introductions.
An initiative whereby elements of the supply chain work together to fulfill consumer wishes better, faster and at less cost
Initiative between retailers and suppliers to reduce existing barriers by focusing on processes, methods and techniques to optimize the supply chain. Currently, ECR has three primary focus areas: supply side (e.g., efficient replenishment), demand side (e.g., efficient assortment, efficient promotion, efficient product introduction) and enabling technologies (e.g., common data and communication standards, cost/ profit and value measurement). The overall goal of ECR is to fulfill consumer wishes better, faster and at less cost.
Method used by retailers to evaluate the effectiveness of promotion campaigns, product flow and product development, in order to determine the profitability of a brand.
A strategy in which trading partners work closely together to eliminate excess costs from the supply chain and efficiently serve the consumer. The system is based on time-phased replenishment of products based on consumer demand that allows the manufacturer to be proactive and more directly respond to consumer purchase behavior.
Interdisciplinary marketing, logistics and information management task focussing on cooperation to meet customers? demands in a better, faster and more cost-efficient way.
A customer driven system where distributors and suppliers work together as business allies to maximize consumer satisfaction and minimize cost.
A form of logistics management through which supermarkets are incorporating aspects of quick response inventory planning, electronic data interchange, and logistics planning.
A demand driven replenishment system designed to link all parties in the logistics channel to create a massive flow-through distribution network. Replenishment is based upon consumer demand and point of sale information.
A collaborative industry strategy to reduce the costs of goods throughout the system by automatic replenishment shipments to control inventories and better maintain store conditions. Distributors and suppliers work cooperatively with the goal of reducing retail prices and consumer choice of products.
A strategy in which the grocery retailer, distributor and supplier trading partners work closely together to eliminate excess costs from the grocery supply chain.
A supermarket or grocery retailing industry initiative designed to replenish stock on store shelves based on actual consumer demand rather than by demand forecasting.
1) A grocery industry-based, demand-driven replenishment system that links suppliers to develop a large flow-through distribution network. Information technology is designed to enable suppliers to anticipate demand. Manufacture is initiated based on point-of-sale information. Accurate, instantaneous data are essential to this concept. 2) A management approach that streamlines the supply chain by improving its effectiveness in providing customer service and reducing costs through innovation and technology.
An initiative whereby partnerships are developed to integrate elements of the supply chain to fulfil consumer wishes better, faster and at less cost. Replenishment is based upon consumer demand and point of sale information.
Efficient Consumer Response (ECR) is a joint trade and industry body working towards making the grocery sector as a whole more responsive to consumer demand and promote the removal of unnecessary costs from the supply chain.
