An inventory-management system in which the supplier determines the amount of product a retailer needs and automatically delivers the appropriate items is referred to as _____.

Question

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Vendor-managed inventory (VMI) is a type of inventory management system where the supplier is responsible for monitoring and replenishing inventory levels for the retailer. The supplier has access to real-time sales data from the retailer's point of sale system and is able to determine when products need to be restocked. This allows for more efficient inventory management and can help to reduce stockouts and overstocking.

An Inventory-Management System in Which the Supplier Determines the Amount