Matching
-One type of strategic alliance that has been very successful in the retail industry, and is gaining more application in manufacturing.
A) Pilot
B) Blueprinting
C) Procurement
D) Phased
E) Vendor managed inventory
F) Big bang
G) Available to promise
H) Customer relationship management
I) Application service provider
J) Data mining
K) Capacity planning
L) Just-in-time delivery

Question

Quizplus · Accepted Answer

Vendor managed inventory (VMI) is a strategic alliance where the supplier manages the inventory levels for the retailer, leading to improved efficiency and reduced costs. It has been successful in retail and is increasingly applied in manufacturing.

Matching -One Type of Strategic Alliance That Has Been Very Successful