A system in which retailers make their suppliers fully responsible for determining when to order and possibly how much to order best describes
A) distribution management system.
B) supply chain management.
C) vendor-managed inventory.
D) customer relationship management.

Question

Quizplus · Accepted Answer

Vendor-managed inventory (VMI) is a system in which retailers entrust their suppliers with the full responsibility of determining when to order and possibly how much to order. This is done to ensure that retailers can maintain appropriate inventory levels without bearing the costs of overstocking or stockouts.

A System in Which Retailers Make Their Suppliers Fully Responsible