___________ is an inventory strategy where the supplier monitors inventory and then replenishes the products when needed.

Question

Quizplus · Accepted Answer

Vendor-managed inventory (VMI) is a strategy where the supplier takes responsibility for monitoring and replenishing the inventory of their products. This eliminates the need for the buyer to manage and track inventory levels and can lead to more efficient supply chain management. Just-in-time (JIT) is a similar strategy that focuses on delivering materials or products just when they are needed, but it does not necessarily involve supplier monitoring and replenishment. Bundling and vertical integration are not related to inventory management strategies.

___________ Is an Inventory Strategy Where the Supplier Monitors Inventory