Which of the following actions is most likely to improve the cash-to-cash cycle time?

Question

Quizplus · Accepted Answer

Implementing vendor-managed inventory (VMI) with key suppliers allows for better inventory management and reduces the amount of cash tied up in inventory. This can improve the cash-to-cash cycle time. Finding suppliers with lower total cost of ownership (TCO) or establishing targeted promotions for the most profitable market segments may save money, but it does not directly impact the cash-to-cash cycle time. Implementing VMI with key customers does not address the issue of cash-to-cash cycle time.

Which of the Following Actions Is Most Likely to Improve