Short for Electronic Check Recovery.
Efficient Consumer Response. A joint initiative by members of the supply chain to work to improve and optimise aspects of the supply chain and demand management to create benefits for the consumer e.g. lower prices, more choice variety, better product availability. The mission of ECR Europe is 'To serve the consumer better, faster and at lower costs'.
Efficient Consumer Response. An initiative whereby elements of the supply chain work together to fulfill consumer wishes better, faster and at less cost
Electronic Combat Reconnaissance.
Electronic Cash Register. A device used for cash sales. Can also be integrated to accept credit cards.
A cash register that also processes payment card transactions.
Efficient Consumer Response. A customer driven system where distributors and suppliers work together as business allies to maximize consumer satisfaction and minimize cost.
See Efficient Consumer Response.
Efficient Consumer Response. Initiative between retailers and suppliers to reduce existing barriers by focusing on processes, methods and techniques to optimize the supply chain. Currently, ECR has three primary focus areas: supply side (e.g., efficient replenishment), demand side (e.g., efficient assortment, efficient promotion, efficient product introduction) and enabling technologies (e.g., common data and communication standards, cost/ profit and value measurement). The overall goal of ECR is to fulfill consumer wishes better, faster and at less cost.
Efficient Consumer Response. A form of logistics management through which supermarkets are incorporating aspects of quick response inventory planning, electronic data interchange, and logistics planning.
Efficient Consumer Response. Interdisciplinary marketing, logistics and information management task focussing on cooperation to meet customers? demands in a better, faster and more cost-efficient way.
See Electronic Cash Register.
Efficient Consumer Response. A demand driven replenishment system designed to link all parties in the logistics channel to create a massive flow-through distribution network. Replenishment is based upon consumer demand and point of sale information.
Electronic Cash Register - a cash register that also emulates a point-of-sale terminal for processing credit card transactions.
An industry-wide effort in the grocery and consumer products industry to reduce costs, it is comprised of four components: Efficient Product Introductions, Efficient Replenishment, Efficient Assortment and Efficient Promotions.
Efficient Consumer Response. A collaborative industry strategy to reduce the costs of goods throughout the system by automatic replenishment shipments to control inventories and better maintain store conditions. Distributors and suppliers work cooperatively with the goal of reducing retail prices and consumer choice of products.
electronic cash register. A stand-alone, point-of-sale terminal used by a cashier to check or scan customer's orders.
Electronic Cash Register. electronic cash register, in other words, the combination of cash register and POS- terminal. Frequently ECR - this is the program application, is established on a personal computer.
Efficient customer response. Equal-store approach Expatriate Failure
Abbreviation for Electronic Cash Register.
Electron Cyclotron Resonance
EFFICIENT CONSUMER RESPONSE. Method used by retailers to evaluate the effectiveness of promotion campaigns, product flow and product development, in order to determine the profitability of a brand.
Efficient Consumer Response. Technologies, procedures and practices used in the grocery industry to eliminate supply chain waste and inefficiencies.
Efficient Consumer Response. A strategy in which the grocery retailer, distributor and supplier trading partners work closely together to eliminate excess costs from the grocery supply chain.
Efficient Consumer Response. A strategy in which trading partners work closely together to eliminate excess costs from the supply chain and efficiently serve the consumer. The system is based on time-phased replenishment of products based on consumer demand that allows the manufacturer to be proactive and more directly respond to consumer purchase behavior.
Efficient Customer Response (also Early Customer Review)
Efficient Consumer Response. A supermarket or grocery retailing industry initiative designed to replenish stock on store shelves based on actual consumer demand rather than by demand forecasting.
An approach to supply chain management designed to ensure that the consumer receives the best possible service in store at the lowest possible cost to supplier and retailer.
Efficient Consumer Response. An initiative whereby partnerships are developed to integrate elements of the supply chain to fulfil consumer wishes better, faster and at less cost. Replenishment is based upon consumer demand and point of sale information.
Electronic Cash Register. A system which functions most efficiently and effectively for large businesses with many registers in single or multiple locations. Provides a direct, computer-to-computer linkup between the processor host and the merchant's host.
Efficient Consumer Response - A term used in the food industry for maximizing efficiency in moving products from the manufacturer through the distributor and retailer to the ultimate consumer at the lowest cost. Also Engineering Change Request.
Historically, ECR stood for Electronic Cash Register to denote the difference between the newer electronic machines and older mechanical registers. Today, ECR also stands for Efficient Consumer Response. In this context ECR, represents the philosophy of monitoring performance of a product at the item level to optimize the stocking levels such that the relationship between inventory carrying costs and product availability is optimized. In such a system, products in demand by consumers are available at the lowest cost because of improvements in product distribution from manufacturer and wholesaler to retailer and consumer.