Continuous Replenishment Program (CRP)

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Continuous Replenishment Program (CRP)

 

A program that triggers the manufacturing and movement of a product through the supply chain when the identical product is purchased by an end user. The Continuous Replenishment Program (CRP) is a system that aims to streamline the supply chain process by automatically replenishing inventory based on predetermined criteria. It involves the continuous monitoring of inventory levels and the automatic generation of purchase orders to ensure that stock is replenished in a timely manner. The CRP is designed to improve efficiency, reduce costs, and minimise stockouts. However, it is important for businesses to carefully review and understand the terms and conditions of the CRP agreement to ensure compliance with legal requirements and protect their rights and interests.

 

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Inventory Control | Enhance Efficiency | FreightAmigo