A retailer can increase the effectiveness of its inventory management by buying from vendors with faster delivery.

Name: A retailer can increase the effectiveness of its inventory management by buying from vendors with faster delivery.
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

By buying from vendors with faster delivery, retailers can reduce lead time and increase inventory turnover, which in turn can improve inventory management and reduce costs associated with stockouts and overstocks.

A Retailer Can Increase the Effectiveness of Its Inventory Management