CONTINUOUS REPLENISHMENT PROGRAM (CRP)


Meaning of CONTINUOUS REPLENISHMENT PROGRAM (CRP) in English

the concept of continuous supply of goods between supplier and trade partner based on automated exchange of current demand, inventory and stock management information, within the framework of an agreed supply policy. The aim of CRP is to achieve a responsive and precise flow of product to the store, with minimum stock holding and handling; used in ECR.

Raynet Business and Marketing English glossary.      Английский глоссарий компании Raynet Business and Marketing .