ATLANTA -- By implementing a continuous replenishment program in tandem with activity-based costing practices, Giant Food, Landover, Md., has quantified and saved nearly $1 million in inventory costs in six months' time. Tom Schmitt, senior manager of ECR measurements, said CRP vendors' products at Giant were reduced from 20.4 days of inventory to 15.2 days of inventory, a 25.5% reduction, during the period from March to September. Those 20 vendors working on CRP with Giant represented ...
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