Vendor-Managed Inventory is a form of outsourcing.

Name: Vendor-Managed Inventory is a form of outsourcing.
Brand: Quizplus
Rating: 4.7 (47 reviews)

Question

Quizplus · Accepted Answer

Vendor-Managed Inventory (VMI) involves a supplier or vendor taking responsibility for managing the inventory of goods at a customer's location. This form of inventory management is typically seen as a form of outsourcing since the vendor is essentially taking on the task of managing and replenishing inventory on behalf of the customer.

Vendor-Managed Inventory Is a Form of Outsourcing