Which of the following is a just-in-time strategy that helps in reducing the time a retailer must hold products in the inventory?
A)Lateral partnership
B)Quick-response merchandising
C)Symbiotic merchandising
D)Vertical strategic alliance

Question

Quizplus · Accepted Answer

Quick-response merchandising is a just-in-time strategy that helps in reducing the time a retailer must hold products in the inventory. This strategy allows retailers to quickly respond to changes in demand and improve their inventory turnover rate. Lateral partnership, symbiotic merchandising, and vertical strategic alliance are not directly related to reducing inventory holding time.

Which of the Following Is a Just-In-Time Strategy That Helps