A retail version of Just-In-Time inventory control is called:
A)EDI
B)TQM.
C)Efficient Consumer Response.
D)JIT II.

Question

Quizplus · Accepted Answer

Efficient Consumer Response (ECR) is a retail version of Just-In-Time inventory control. It focuses on the collaboration between manufacturers, suppliers, and retailers to produce and deliver products to customers more efficiently and effectively. ECR helps to reduce inventory costs, improve supply chain efficiency, and increase customer satisfaction by providing the right products at the right time. EDI, TQM, and JIT II are not specific to retail inventory control.

A Retail Version of Just-In-Time Inventory Control Is Called