With vendor-managed inventory,retailers make their suppliers responsible for determining when to order and how much to order.The retailer provides the supplier with real-time information such as point-of-sale data,inventory levels,and a threshold below which orders are replenished.

Question

Quizplus · Accepted Answer

This statement accurately describes the concept of vendor-managed inventory.

With Vendor-Managed Inventory,retailers Make Their Suppliers Responsible for Determining When