Which inventory management system results in longer-term retailer-vendor relationships and frequent reordering?
A)computer-based UPC scanning
B)automatic recording
C)quick response inventory planning
D)economic order quantity

Question

Quizplus · Accepted Answer

Quick response inventory planning allows for real-time communication between the retailer and vendor, leading to better coordination and faster restocking times. This results in a smoother supply chain and longer-term relationships between the two parties, as well as frequent reordering. Computer-based UPC scanning and automatic recording are helpful tools for inventory management, but do not necessarily lead to longer-term relationships or frequent reordering. Economic order quantity is a mathematical formula used for determining optimal inventory levels and reorder points, but does not directly impact retailer-vendor relationships.

Which Inventory Management System Results in Longer-Term Retailer-Vendor Relationships and Frequent