Vendormanaged inventory strategies allow suppliers to determine their buyers' needs and automatically ship supplies as needed.

Question

Vendor­managed inventory strategies allow suppliers to determine their buyers' needs and automatically ship supplies as needed.

Quizplus · Accepted Answer

Vendor­managed inventory strategies involve suppliers taking responsibility for monitoring and restocking their customers' inventory levels based on demand signals, such as point-of-sale data. This allows for more efficient and timely replenishment of supplies without the need for repeated orders or communication from the buyer.

Vendor­managed Inventory Strategies Allow Suppliers to Determine Their Buyers' Needs

Vendormanaged Inventory Strategies Allow Suppliers to Determine Their Buyers' Needs