Retail Management A Strategic Approach Study Set 1
Quiz 15: Implementing Merchandise
Efficient consumer response (ECR)incorporates quick response (QR)inventory planning,electronic data interchange (EDI),and logistics planning.
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The sale of floor-ready merchandise by a supplier increases the responsibilities of the supplier beyond just providing the merchandise.
Items with rather high pilferage should receive electronic product tags in addition to overall store security measures.
Customer returns,product recalls,and deposit bottles all involve reverse logistics for the retailer.
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