The practice of having the supplier monitor inventory levels at its customer and replenishing the stock as needed to avoid shortages is referred to as

Name: The practice of having the supplier monitor inventory levels at its customer and replenishing the stock as needed to avoid shortages is referred to as
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The practice described is commonly known as continuous replenishment, which is a type of vendor-managed inventory where the supplier monitors inventory levels and replenishes the stock as needed.

The Practice of Having the Supplier Monitor Inventory Levels at Its