The handbook contains instructions for practitioners, explaining automated replenishment processes and providing support for project managers in implementing VMI.
Vendor Managed Inventory (VMI) is a method which facilitates efficient processes in inventory management. The aim of VMI is to ensure product availability and freshness at the point of sale with the lowest possible logistics costs while maintaining the lowest possible inventory level across the entire supply chain.
The Essential Guide to Day-to-Day Category Management
The objective of this report is to present a solution which transforms category management from a project based activity into an on-going activity.
This report is published with the intent of proliferating the number of categories and companies that are able to employ fact-based decision making in category management by providing a framework and flexible toolkit.
Integrated Suppliers – ECR is also for suppliers of ingredients, raw materials & packaging
Integrated Suppliers is a concept for improving the part of the supply chain between manufacturers and their tiers of suppliers of ingredients, raw materials and packaging. By sharing information both parties are able to exercise judgement on costs, quantities and timing of deliveries and production in order to streamline the product flow and to move to a collaborative relationship.
Overall supply chain optimisation is an elusive and perhaps ultimately unattainable goal, requiring the balancing of many components, of which transport is but one. However, in the wider context of consumer and community benefit, overall supply chain efficiencies must be balanced by the need to minimise social impacts. The implementation of the concepts outlined in this report will help industry remain free to manage its own consumer goods supply efficiently whilst acting and being seen to act in an environmentally responsible way.
Efficient Product Introduction
According to our research, manufacturers spend as much as 8% to 16% of net revenues on innovation. Enormous numbers of new products are introduced to the market each year, yet within 12 months most have failed. The challenge, and a key aim of this study, lies in knowing how to translate good ideas into successful new products. The report, therefore reviews current practices in new product introductions in the European consumer goods industry, and recommends a new process for Efficient Product Introductions.
ECR – Optimal Shelf Availability
The European Optimal Shelf Availability (OSA) survey shows that the retail and consumer goods industry is far from delivering near-perfect fulfillment. Average out-of-stock levels remain high, at 7.1% in average. However, there are some peaks which exceed 30%, costing the industry dearly. The survey assessed a number of critical factors that hugely affect on-shelf availability. These factors – availability along the supply chain, category characteristics, promotions, store formats, day of the week, inventory levels and distribution method – provided critical insight that the industry should take into consideration, as consumers are not willing to accept current levels of out-of-stocks. The financial impact on manufacturers and retailers is considerable.
Shrinkage – A Collaborative Approach to Reducing Stock Loss in the Supply Chain
The aim of the ECR Europe shrinkage project was to identify the scale and extent of stock loss in the Fast Moving Consumer Goods (FMCG) sector, and to develop a joint vision on how retailers,manufacturers and distributors could work together to reduce the problem.