Efficient consumer response (ECR)
ECR is focussed
on demand management aimed at creating and satisfying
customer demand by optimising product assortment
strategies, promotions, and new product introductions.
It creates operational efficiencies and costs savings in the
supply chain through reducing inventories and deliveries.
Electronic channel service contribution
The
proportion of service- type processes that are completed
using electronic channels.
Electronic channel strategies
Define how a
company should set specific objectives and develop
specific differential strategies for communicating with
its customers and partners through electronic media
such as the Internet, emails and wireless media.
Electronic commerce ( e- commerce)
All
electronically mediated information exchanges between
an organisation and its external stakeholders. See Sell- side
and Buy- side e- commerce.
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