Continuous replenishment ecr program

Top clipped slide. Download Now Download Download to read offline. Continuous replenishment and vendor managed inventory Download Now Download Download to read offline. Tapish Panwar Follow. Asst Professor of Marketing. Collaborative planning. Consignment inventory. Supply chain coordination. Consignment stock processing. Coordination in Supply Chain. Supply Chain Management Coordination.

Strategic Thinking and Management. Related Books Free with a 30 day trial from Scribd. Related Audiobooks Free with a 30 day trial from Scribd. Outstanding Leadership Stan Toler. Kreangkrai Hongyok. Views Total views. Actions Shares. No notes for slide. Continuous replenishment and vendor managed inventory 1. Receiving stock levels from a customer 2. Receiving sales forecasts from a customer 3. Generating replenishment orders when needed 4. Sending dispatch advice to a customer 5.

Receiving sales reports from a customer 6. Sending invoices to a customer. A two stage VMI supply chain 3. The savings identified at the beginning of the project were met With a comparable level of product availability the stock coverage strongly reduced Right products were put on the shelves of the distributor leading to better product turn-over Clear workload reduction was visible Due to improvement in forecasting it was then acceptable to update the stock parameters every two months instead of every month.

The reduction of training needs was also very clear Pipechain VMI software was employed Cover days of stock lowered from seven days to three days Inventory reduction of 67 percentage Reduced administration costs High supplier satisfaction Decrease in set-up time With cases from the Indian market The sales tax and other procedural complexities may need to be simplified if there is to be a smooth flow of material and information between partners Some examples of companies which chose to implement VMI Total views 12, VMI is implemented in industries such as apparel, automotive and paper manufacturing.

Informations flows back and forth between manufacturer and distributor. You are commenting using your WordPress. You are commenting using your Google account.

You are commenting using your Twitter account. You are commenting using your Facebook account. Notify me of new comments via email. Notify me of new posts via email. Introduction We have seen during the past few years that many sophisticated supply chain management initiatives have been developed that make use of evolving information technologies like collaborative Planning, forecasting, and replenishment CPFR , vendor-managed inventory VMI , continuous replenishment programs CRP , and efficient consumer response ECR.

Continuous Replenishment Programme CRP 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.

Receiving stock levels from a customer 2. Receiving sales forecasts from a customer 3. Generating replenishment orders when needed 4. Sending dispatch advice to a customer 5. Receiving sales reports from a customer 6. Sending invoices to a customer. Let us see them below. Promotions can be more easily incorporated into the inventory plan. Customer ordering errors are reduced. Stock level visibility helps identify priorities replenish stock versus a stock out.

The supplier can see the potential need for an item before the item is ordered. Customer benefits: Fill rates from the supplier, and to the end consumer, improve. Stock outs and inventory levels often decrease. Planning and ordering costs decrease since the responsibility is on supplier.

Overall service level is improved by having the right product at the right time. The supplier is more focused than ever on providing superior service. Overall benefits: Data entry errors are reduced due to computer-to-computer communications. Overall processing speed is improved. Both parties strive to offer better service to the end consumer. A true collaborative partnership is formed between the supplier and the customer.