Efficient Consumer Response
Encyclopedia
Efficient Consumer Response (ECR
ECR
ECR can stand forAssociations* Efficient Consumer Response, a trade and industry body* US Institute for Environmental Conflict Resolution* European Conservatives and Reformists, a grouping within the European UnionRadio:...

) 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.

The ECR movement beginning in the mid-nineties was characterized by the emergence of new principles of collaborative management along the supply chain. It was understood that companies can serve consumers better, faster and at less cost by working together with trading partners. The dramatic advances in information technology, growing competition, global business structures and consumer demand focused on better choice, service convenience, quality, freshness and safety, made it apparent that a fundamental reconsideration of the most effective way of delivering the right products to consumers at the right price was much needed. Non-standardized operational practices and the rigid separation of the traditional roles of manufacturer and retailer threatened to block the supply chain unnecessarily and failed to exploit the synergies that came from powerful new information technologies and planning tools. In other words, ECR allows companies to seek a competitive advantage by demonstrating their superior ability in working together with trading partners to add value to the consumer.

There are four focus areas under ECR: Demand management
Demand management
Demand management is a planning methodology used to manage forecasted demand.-Demand management in economics:In economics, demand management is the art or science of controlling economic demand to avoid a recession...

, Supply management
Supply management
The term supply management describes the methods and processes of modern corporate or institutional buying. This may be for the purchasing of supplies for internal use referred to as indirect goods and services, purchasing raw materials for the consumption during the manufacturing process, or for...

, Enablers and Integrators, which are intended to be addressed as an integrated set. These form the basis of the ECR Global Scorecard.

To better serve the consumer, ECR has set out to invert the traditional model and break down non-productive barriers. The impacts have been extensive and continue to resonate across industry.

ECR Europe

ECR Europe was launched in 1994. With its headquarters in Brussels, the organization works in close co-operation with national ECR initiatives in most European countries. Participation in projects at European and national levels is open to large and small companies in the grocery and Fast Moving Consumer Goods
Fast Moving Consumer Goods
Fast moving consumer goods or Consumer Packaged Goods are products that are sold quickly and at relatively low cost. Examples include non-durable goods such as soft drinks, toiletries, and grocery items...

sectors – including retailers, wholesalers, manufacturers, suppliers, brokers and third-party service providers such as logistics operators.

Every year ECR Europe organizes projects where companies from all over Europe explore new areas of working together to fulfill consumer wishes better faster and at less costs or deepen existing experiences. The results of these projects are published for a wide audience through publications and an annual ECR Europe conference which attracts thousands of (top) managers from all over the world.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK