Retailers make their suppliers responsible for determining when to order and how much to order by adopting ________.
A) VMM
B) SMM
C) SMI
D) VMI

Question

Quizplus · Accepted Answer

The practice of adopting VMI (Vendor Managed Inventory) in retail means that the suppliers are responsible for determining when to order and how much to order. This helps retailers avoid stockouts and excess inventory while also increasing efficiency and having better control over the supply chain. Therefore, the correct answer is D.

Retailers Make Their Suppliers Responsible for Determining When to Order