When Wal-Mart sells a package of diapers, the company captures data on that sale at its point-of-sale terminal and transmits that data to the company that makes the diapers.When it is necessary, the diaper company restocks the diapers in that Wal-Mart store. This process is called:

Question

Quizplus · Accepted Answer

The process described is vendor-managed inventory, where the vendor (diaper company) manages the inventory levels at the retailer (Wal-Mart) based on sales data transmitted from the point-of-sale terminal. Supply chain management, demand chain management, enterprise resource planning inventory, and just-in-time inventory are all related to inventory management, but do not specifically relate to the process described in the question. Therefore, C is the best choice.

When Wal-Mart Sells a Package of Diapers, the Company Captures