Under ________, a customer shares real-time data on sales and current inventory levels with a supplier, and the supplier then takes full responsibility for managing inventories and deliveries.
A) periodic inventory systems
B) vendor-managed inventory systems
C) selective-trading inventory systems
D) manual inventory replenishment systems
E) customer-managed inventory systems

Question

Quizplus · Accepted Answer

Vendor-managed inventory systems involve the customer sharing real-time inventory data with the supplier, who then takes responsibility for managing the inventory levels and delivery. This helps to optimize the supply chain and reduce inventory holding costs for the customer.

Under ________, a Customer Shares Real-Time Data on Sales and Current