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

The retail version of just-in-time inventory control is commonly known as efficient consumer response (ECR). This method aims to optimize the supply chain by improving communication, collaboration, and overall efficiency between manufacturers, retailers, and distributors to deliver products to consumers as efficiently as possible. EDI (Electronic Data Interchange) and TQM (Total Quality Management) are related to supply chain management but are not specifically focused on inventory control, while JIT II is a cooperative effort between a manufacturer and its suppliers to optimize inventory levels.

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