Saturday, 28 June 2014

Benefits for Retailers’ and Suppliers’ Quick Response (QR)

Retailers’ QR Benefits
Suppliers’ QR Benefits
·         Competitive advantage
·         Competitive advantage
·         Customer satisfaction
·         Closer ties to retailers
·         Faster merchandise flow
·         Frequency of orders
·         Increased sales
·         Ability to monitor sales
·         Reduced costs
·         Reduced costs
·         Reduced inventories
·         Predictable production cycles


Source: Quick Response Services, 1995

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