Which of the following actions is most likely to reduce inventory carrying costs?

Question

Quizplus · Accepted Answer

Initiating a vendor-managed inventory (VMI) program shifts the responsibility of maintaining inventory levels to the vendor, reducing the need for the company to hold excess inventory and thus reducing inventory carrying costs. Utilizing ABC classification, standardizing items, and setting minimum inventory levels may help optimize inventory levels, but may not necessarily reduce carrying costs.

Which of the Following Actions Is Most Likely to Reduce