________ results in the suppliers being responsible for managing inventories and keeping inventory costs low.
A) Vendor-managed inventory
B) Supplier-generated inventory
C) Service level inventory
D) Production inventory
E) Economic order inventory

Question

Quizplus · Accepted Answer

Vendor-managed inventory (VMI) is a supply chain practice where the supplier is responsible for managing and replenishing inventory, thus keeping inventory costs low.

________ Results in the Suppliers Being Responsible for Managing Inventories