In a retail environment,the concept of JIT II is more commonly known as ________.
A)electronic inventory process
B)efficient consumer response (ECR)
C)electronic consumer behavior
D)None of the above

Question

Quizplus · Accepted Answer

JIT II refers to the implementation of Just-In-Time inventory management in a collaborative environment between retailers and their suppliers. In a retail environment, this concept is more commonly known as Efficient Consumer Response (ECR), which is an industry-wide initiative aimed at improving supply chain efficiency and customer satisfaction. Option A and C are incorrect because they do not accurately represent the concept of JIT II in a retail environment. Option D is incorrect because there has to be a specific answer to this question.

In a Retail Environment,the Concept of JIT II Is More