NEW ORLEANS -- Wegmans Food Markets, Rochester, N.Y., is slashing inventory levels through continuous replenishment programs that have grown to represent more than 70% of its grocery inventory. The retailer, now conducting CRP with 50 manufacturers at 90 shipping points, has increased vendor-managed inventory by 20% since late 1994. An additional 10 manufacturers are currently receiving daily sales activity from the retailer as a first step toward launching CRP. Such a high percentage of ...

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