CGT Inside News - 12/7/2005
Costco Boosts CPG Collaboration with CRX Program
December 7, 2005 - After completing a pilot program earlier this year, Costco Wholesale and Information Resources Inc. (IRI) announce the full deployment of the Costco Collaborative Retail Exchange (CRX) program across Costco's major food and non-food departments in the United States. The program provides direct, interactive access to Costco's warehouse-specific, daily, item-level point-of-sale (POS) data in near real time. For Costco's manufacturing partners, the program allows access to Costco's data in a structured, collaborative framework, reflecting Costco's unique category and geography definitions. Leveraging the Costco CRX program, participating manufacturer partners can see new item and warehouse-level business opportunities and act faster with greater confidence to win at the Costco retail shelf. "The CRX Program is our approach to providing our vendor community with standard, secure access to current and detailed information about their business at Costco Wholesale," says Costco Executive Vice President Ed Maron. "We believe that this program will further strengthen the communication between Costco and its trading partners."
[PRINTER FRIENDLY VERSION]
December 7, 2005 - After completing a pilot program earlier this year, Costco Wholesale and Information Resources Inc. (IRI) announce the full deployment of the Costco Collaborative Retail Exchange (CRX) program across Costco's major food and non-food departments in the United States. The program provides direct, interactive access to Costco's warehouse-specific, daily, item-level point-of-sale (POS) data in near real time. For Costco's manufacturing partners, the program allows access to Costco's data in a structured, collaborative framework, reflecting Costco's unique category and geography definitions. Leveraging the Costco CRX program, participating manufacturer partners can see new item and warehouse-level business opportunities and act faster with greater confidence to win at the Costco retail shelf. "The CRX Program is our approach to providing our vendor community with standard, secure access to current and detailed information about their business at Costco Wholesale," says Costco Executive Vice President Ed Maron. "We believe that this program will further strengthen the communication between Costco and its trading partners."
[PRINTER FRIENDLY VERSION]