continuous replenishment means: A process that allows a retailer to exchange electronic data with a distributor. This indicates when the store has run out of a particular product and requires a shipment. By having product deliveries on an as-needed, frequent basis, CRP programs can reduce inventories and operational costs. CRP is based on consumer demand, scan data and warehouse movements, as well as sales forecasts, to drive warehouse replenishment orders. Vendor managed continuous replenishment is the most popular form. The distributor’s warehouse sends daily data to the vendor about inventory levels and orders to stores. It then creates the necessary orders to meet retailer product requirements. (in Cooking Dictionary)
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