Asked by Jordan Thornhill on May 20, 2024
Verified
In a VMI system,the ________ must share demand information with the ________.
A) manufacturer;customer
B) customer;retailer
C) retailer;manufacturer
D) manufacturer;designer
VMI System
Vendor Managed Inventory, a streamline strategy where the supplier assumes the responsibility of managing inventory levels for the customer.
- Discern the fundamental aspects and benefits of fruitful coordination in supply chain management.
Verified Answer
IT
Iyonna TaylorMay 23, 2024
Final Answer :
C
Explanation :
In a VMI (Vendor-Managed Inventory) system, the retailer must share demand information with the manufacturer. The manufacturer uses this information to manage its inventory levels and ensure that the retailer has the products it needs when it needs them. By sharing demand information, the retailer can avoid stockouts and reduce the need for safety stock, which can reduce costs for both parties. Therefore, option C (retailer; manufacturer) is the correct choice.
Learning Objectives
- Discern the fundamental aspects and benefits of fruitful coordination in supply chain management.
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