The relationship between these two entities is an example of: __________

a. optical character recognition.
b. sales force automation.
c. electronic data interchange.
d. vendor-managed inventory.

Answers

Answer 1

Answer:

d. vendor-managed inventory.

Explanation:

Vendor Managed Inventory or in short, the VMI may be defined as a business model or a concept where the buyer of the product or a service provides the information to a vendor of the product while the vendor takes all the responsibility and agrees to maintain an agreed inventory of the product,  which is usually at the buyer's or consumer's consumption location.

It is a inventory management practice for optimizing the inventory of products that is held by a distributor.


Related Questions

define renewable resources ​

Answers

Answer:

Renewable Resources is basically a natural resource that can renew by itself or by the help of others.

Explanation:

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