The use of such strategies as quick response inventory planning,electronic data interchange,and logistics planning in an integrated manner by supermarkets is referred to as ________.
A) efficient consumer response (ECR)
B) efficient inventory management
C) effective inventory management
D) supermarket logistics

Question

Quizplus · Accepted Answer

The use of quick response inventory planning, electronic data interchange, and logistics planning in an integrated manner by supermarkets is a part of efficient consumer response (ECR) strategy. ECR aims to improve inventory management, reduce costs, and increase customer satisfaction by integrating all aspects of supply chain activities. Therefore, option A is the best choice.

The Use of Such Strategies as Quick Response Inventory Planning,electronic