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Efficient Customer Response in the Grocery Industry
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A 5 page
paper discussing the ECR approach to grocery inventory management. ECR is an
approach similar to Just-In-Time (JIT) manufacturing in which organizations keep on hand
only those items needed in the short term, while also incorporating principles of supply
chain management and activity-based costing. Under ECR, retailers are not required to
stockpile vast quantities of inventory that may or may not be sold, and they are not
required to dedicate undue financial resources to warehousing product or moving it
around. The paper discusses the potential savings for a retail grocery. Bibliography lists 5
sources.
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Pages:
5
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Filename:CC6_KSECRgroc.wps |
Paper Title:
Efficient Customer Response in the Grocery Industry
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