The Internet can often give suppliers information about their customers' inventory levels. Suppliers can then use this information to
I. Time deliveries to their customers
II. Improve their own production planning
III. Prepare financial statements
A) I and II
B) II and III
C) I and III
D) I, II, and III

Question

Quizplus · Accepted Answer

By knowing their customers' inventory levels, suppliers can time deliveries to their customers, ensuring they receive products when needed and can avoid excess inventory. Suppliers can also use this information to improve their own production planning, ensuring they have enough inventory to meet demand while avoiding overproduction. However, knowing their customers' inventory levels is not relevant to the preparation of financial statements.

The Internet Can Often Give Suppliers Information About Their Customers