The practice whereby a manufacturer has inventories of materials on consignment from its suppliers falls under the scope of
A) electronic inventory control.
B) vendor- managed inventories.
C) virtual distribution.
D) inventory pooling control.

Question

Quizplus · Accepted Answer

Vendor-managed inventories involve suppliers managing and replenishing inventory levels at the manufacturer's location, often on consignment.

The Practice Whereby a Manufacturer Has Inventories of Materials on Consignment