Definition : CR in distribution

CR in distribution, also known as ‘credit return’, refers to the process of returning goods or products to a supplier or manufacturer for credit or refund. This can occur for various reasons, such as damaged or defective items, incorrect shipments, or overstocked inventory. CR in distribution is an important aspect of supply chain management, as it allows businesses to maintain accurate inventory levels and ensure customer satisfaction. It involves coordinating with suppliers, documenting the return, and processing the credit or refund. Effective CR in distribution can help businesses save costs and maintain a positive relationship with their suppliers.

Discover the Precise Definitions of Marketing Terms

Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt