A significant advantage of vendor managed inventory (VMI) is:
A) More control for the vendor
B) Less financial investment for the customer
C) Collaboration between vendor and customer
D) All of the above
E) None of the above

Question

Quizplus · Accepted Answer

Vendor managed inventory (VMI) provides advantages for both the vendor and the customer. VMI allows the vendor to have more control over the inventory, ensuring that the products are always available for the customer. This results in less financial investment for the customer as they do not have to carry as much inventory. With VMI, the vendor and the customer work together to maximize efficiency and reduce costs, resulting in improved collaboration between the two. Therefore, all of the above options are correct.

A Significant Advantage of Vendor Managed Inventory (VMI) Is