H&M has adopted the inventory management system that delivers less merchandise on a more frequent basis than in traditional inventory systems. The firm gets the merchandise just in time for it to be used in the manufacture of another product or for sale when the customer wants it. This is an example of a(n)________ inventory system.
A)cross-docking
B)quick response (QR)
C)UPC
D)EDI
E)lead time

Question

Quizplus · Accepted Answer

H&M's inventory management system of delivering less merchandise on a more frequent basis is an example of a Quick Response (QR) inventory system. This system is designed to reduce excess inventory and improve responsiveness to customer demands.

H&M Has Adopted the Inventory Management System That Delivers Less