In the past, manufacturer's representatives did not have real-time inventory data about the products they were selling. Today, manufacturer's representatives are often provided online access to inventory data for the companies they represent. These online inventory systems allow companies to become more value driven by
A)sharing information across their own organizations and with other firms.
B)balancing customers' benefits and costs with customers' needs and wants.
C)evaluating strategic competitive partnerships.
D)building relationships with government regulators of marketing institutions.
E)keeping prices below those charged by competitors.

Question

Quizplus · Accepted Answer

Online inventory systems allow companies to share inventory information across their own organizations and with other firms, leading to increased efficiency and effectiveness in the supply chain. This supports the concept of becoming more value driven, where companies focus on providing value to their customers by meeting their needs and wants while balancing benefits and costs. The other options listed are not directly related to the use of online inventory systems.

In the Past, Manufacturer's Representatives Did Not Have Real-Time Inventory