Having a vendor be responsible for managing the restocking of inventory is what is meant by the term
A)JIT II.
B)MRP II.
C)SCM I.
D)EOQ III.
E)POQ II.

Question

Quizplus · Accepted Answer

JIT II, or Just-In-Time II, involves a vendor-managed inventory system where the supplier is responsible for maintaining the inventory levels of their products at the customer's location, ensuring that the customer has the necessary inventory just in time for production or sales without overstocking.

Having a Vendor Be Responsible for Managing the Restocking of Inventory