____ is a program that distributors market to manager their customers' inventory for them.
A) Just-in-time
B) Vendor managed inventory
C) Self-managed inventory
D) Countertrade
E) Preferred supplier

Question

Quizplus · Accepted Answer

Vendor managed inventory (VMI) is a program in which a distributor manages its customers' inventory for them. The distributor is responsible for monitoring stock levels and performing replenishment activities, such as placing orders and delivering the goods. This approach can help to reduce lead times, minimize stockouts, and improve overall supply chain efficiency by shifting some of the inventory management responsibilities from the customer to the distributor.

____ Is a Program That Distributors Market to Manager Their