- Industry: Retail
- Number of terms: 13685
- Number of blossaries: 0
- Company Profile:
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 products delivered on a frequent, as-needed basis. With CRP, consumer demands--based on scan data, warehouse movement, and sales forecasts-- drive warehouse replenishment orders and shipping. In the most common form--vendor managed continuous replenishment-- the distributor's warehouse transmits data daily to the vendor on inventory levels and store orders; the vendor is responsible for creating the orders necessary to ensure that the warehouse can meet the retailer's product needs.
Industry:Retail
An order that can completely fill a dry or refrigerated truck trailer. Also known as a full truck.
Industry:Retail
An order that can completely fill a dry or refrigerated truck trailer. Also known as a full truck.
Industry:Retail
An operations manager responsible for conditions, safety, product levels and cash handling procedures for several retail stores; a district manager.
Industry:Retail
An order from retail stores, usually for new items or deal items, previously authorized by an account's headquarters. Also, potential orders at retail stores for an item before a manufacturer's salesperson or broker presents it at the headquarters of a chain or wholesaler. See future order.
Industry:Retail
An order form used by retailers to obtain advertising or promotional materials from a manufacturer.
Industry:Retail
An operations manager responsible for conditions, safety, product levels and cash handling procedures for several retail stores; a district manager.
Industry:Retail
An order for perishable products before the beginning of a season; future orders are often used as collateral for loans by packers/manufacturers. See field broker.
Industry:Retail
An operations newsletter regarding merchandising contests and promotional programs, new products, etc.
Industry:Retail
