____________ is an approach for improving supply chain efficiency in which the vendor is responsible for maintaining the retailer's inventory levels in each of its stores.
A) Efficient consumer response (ECR)
B) Reverse logistics
C) Quick response (QR) system
D) Vendor-managed inventory (VMI)
E) Collaborative planning, forecasting, and replenishment (CPFR)

Question

Quizplus · Accepted Answer

This is collaboration between the retailer and vendor as the retailer shares the selling information with the vendor who in turn determines the amount of inventory that should be ordered for each store.

____________ Is an Approach for Improving Supply Chain Efficiency in Which