Which of the following statements is NOT true about vendor managed inventory (VMI) ?
A) VMI is another means of managing inventory.
B) VMI does not provide suppliers with access to the firm's inventory and forecast data.
C) VMI requires collaboration between the supplier and the customer in terms of sharing data.
D) VMI is used in grocery stores for some food items, with the supplier stocking the store.
Correct Answer:
Verified
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