978-1292016016 Chapter 15

subject Type Homework Help
subject Pages 3
subject Words 607
subject Authors Barry Crocker, David Farmer, David Jessop, David Jones, Peter Baily

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CHAPTER 15
Retail procurement and efficient consumer
response (ECR)
Objectives of this chapter
To analyse the role of the retail buyer and their involvement with the supply chain
To differentiate between selector, buyer and merchandiser
To understand retailing research and the different methods of collecting data
To define all the aspects involved in merchandising
To appreciate the value of brand names and how they compete with ‘own brand’ labels
and generics
To understand the concept of efficient consumer response
List of Cases, Research Boxes and Figures in this chapter
Mini Case Studies
Sainsbury’s
Research Boxes
Nil
Figures
Figure 15.1 Supply chains in retailing
Figure 15.2 Schematic representation of an EDI system
Figure 15.3 ECR grocery supply chain
Teaching Notes
Buying merchandise for resale while having much in common with other types of buying also
has some major differences.
Buyers in other sectors of the economy can learn much from studying some of the good
practices found in the retail sector. Buyers in major retail organisations such as Marks &
Spencer, Tesco, etc. are likely to be far more involved with their supply chains and customers
than in other sectors of the community.
In particular, the development of efficient consumer response (ECR) includes many techniques
and approaches that would benefit other sectors.
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