What is the full form of "ECR"?
A. Enclosed Credit Ratio
B. Equity Click Ratio
C. Effective Consumer Request
D. Efficient Consumer Response
Answer: Option D
Solution (By Examveda Team)
Efficient Consumer Response (ECR) is a joint trade and industry body working towards making the grocery sector as a whole more responsive to consumer demand and promote the removal of unnecessary costs from the supply chain.There are four focus areas under ECR: demand management, supply management, enablers and integrators, which are intended to be addressed as an integrated set. These form the basis of the ECR Global Scorecard.

Join The Discussion