An inventory-management system whereby the supplier determines the product amount and assortment a retailer needs and automatically delivers the appropriate items is referred to as

Question

Quizplus · Accepted Answer

Vendor-managed inventory (VMI) is a system where the supplier takes responsibility for managing the inventory levels and assortment for the retailer, ensuring that the right products are delivered automatically.

An Inventory-Management System Whereby the Supplier Determines the Product Amount