EUROPEAN RETAILERS PREDICT ECR SAVINGS WILL INCREASE

AMSTERDAM, Netherlands (FNS) -- European food retailers have boosted their forecast of expected savings from instituting Efficient Consumer Response programs to 6.1% of total costs, or more than $30 billion.That estimate was released at the second official Conference of ECR Europe, held here March 13 and 14. The conference attracted nearly 1,700 delegates from 35 countries. Manufacturers represented

AMSTERDAM, Netherlands (FNS) -- European food retailers have boosted their forecast of expected savings from instituting Efficient Consumer Response programs to 6.1% of total costs, or more than $30 billion.

That estimate was released at the second official Conference of ECR Europe, held here March 13 and 14. The conference attracted nearly 1,700 delegates from 35 countries. Manufacturers represented 52% of attendees, retailers 16%, service industries 18% and other sectors 14%.

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