Which of the following does NOT describe the ways to reduce the level of inventory in the supply chain and the number of stockouts in the stores?
A) using EDI
B) sharing information
C) using reverse logistics
D) using vendor-managed inventory (VMI)
E) employing collaborative planning, forecasting, and replenishment (CPFR)

Question

Quizplus · Accepted Answer

Supply chain collaboration can add profit margin for both the vendor and the retailer by utilizing these four approaches to having the right product in the right place at the right time. Reverse logistics is a reaction to undesirable merchandise rather than an approach to lowering inventory levels.

Which of the Following Does NOT Describe the Ways to Reduce