QRS: Quick Response System
QR is a management concept created to increase consumer satisfaction and survive increasing competition from new competitors. It intends to shorten the lead time from receiving an order to delivery of the products and increase the cash flow.

The QR (Quick Response) system, a production and distribution system for quick response to the market, was developed for the U.S. textile industry to survive the global competition with low-cost foreign companies. VICS (Voluntary Interindustry Commerce Standards Association) is the organization that is promoting QR. The EDI (electronic data interchange) protocol used for the QR system, that is a standard protocol for information exchange between the U.S. retail industry and companies, is also called "VICS", which is also a subset of ANSIX. While "VICS" is the name of the organization that promotes QR, it is also the name of EDI, i.e. the exchange of data (all data such as order placement and billing data) between companies who support QR.

QR was created from a project to improve the supply chain management of the daily necessities industry such as the textile industry and ECR (efficient consumer response) concept was created by the processed food distribution industry. Both concepts were developed from the standpoint of increasing consumer satisfaction and as a mean to survive again at certains types of competitors that producer-retailer alliances call discounters and category killers. These concepts intend to shorten lead times from order receipt to delivery, minimize unsold inventory by holding minimum inventory levels, and increase cash flow.

The Benefits of QR are mainly to lower costs and better service.  QR is not only faster but less expensive as well.  While improving speed of processes, QR leads to reduction in waste and results in cutting costs.  QR reduces the need for overproduction and leads to manufacturing as per needs of the customer.
Other Productivity Tools
follow us
Facebook
Newsletter
Contact Us
3rd Floor, The Catalyst
Silicon Avenue, Cybercity
Ebene 72201, Mauritius
Tel: (230) 467 7700
Mob: (230) 5 729 7700
Fax: (230) 467 3838
Email: npccmauritius@intnet.mu
Click to locate us
© 2015: National Productivity and Competitiveness Council   |   Disclaimer   |   Privacy Policy