Inventory management systems that are designed to reduce the retailer's lead time for receiving merchandise which then lowers a retailer's inventory investment, improves customer service levels, and reduces logistics expense Is referred to as

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Quick response systems are designed to reduce lead time for merchandise, lower inventory investment, improve customer service, and reduce logistics expenses. This is achieved by using advanced technology and communication between retailers and suppliers to quickly respond to changes in customer demand and adjust inventory levels accordingly.

Inventory Management Systems That Are Designed to Reduce the Retailer's