What benefit does a retailer gain from the use of electronic data interchange (EDI) as a quick-response merchandising tool?
A) It allows the retailer to order and store increased quantities of inventory so a shortfall doesn't occur.
B) The system can forecast new consumer trends.
C) It reduces the time merchandise is held in inventory, which translates into cost savings.
D) The retailer does not have to feel tied to a particular supplier.

Question

Quizplus · Accepted Answer

EDI helps in streamlining the ordering process, thus reducing the time goods spend in inventory. This efficiency can lead to significant cost savings for retailers by minimizing storage and handling costs.

What Benefit Does a Retailer Gain from the Use of Electronic