Retailers using electronic data interchange can implement quick-response merchandising strategies or just-in-time strategies that reduce the time they hold merchandise in inventory.

Question

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Electronic Data Interchange (EDI) allows for the efficient exchange of business documents and data between retailers and suppliers, enabling more accurate demand forecasting and inventory management. This efficiency supports quick-response merchandising and just-in-time inventory strategies by reducing the need for large inventories and minimizing the time merchandise is held before sale.

Retailers Using Electronic Data Interchange Can Implement Quick-Response Merchandising Strategies