In the 1960s when I was studying arcane subjects such as industrial engineering and operations research, we spent a great deal of time on EOQ, short for Economic Order Quantity. The primary purpose was to figure out how to minimize the cost of producing and delivering a product to the purchaser. It is therefore with some pride that I realize my undergraduate professors were 25 years ahead of their time when I read about Efficient Consumer Response. As I understand ECR, a group of key ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.