Asked by Ansley Bailey on Jun 05, 2024
Verified
The replenishment decision in a VMI system is owned by the
A) manufacturer.
B) retailer.
C) customer.
D) cloud.
VMI System
A collaborative strategy where suppliers take responsibility for managing inventory levels at the customer's site, often improving supply chain efficiency and reducing stocking costs.
- Gain an understanding of the assorted replenishment mechanisms in the supply chain and their unique functions.
Verified Answer
GS
Gitanshu SinghJun 11, 2024
Final Answer :
A
Explanation :
In a Vendor Managed Inventory (VMI) system, the replenishment decision is owned by the manufacturer. The manufacturer is responsible for maintaining the inventory levels at the retailer's store or warehouse, ensuring that the retailer does not run out of stock.
Learning Objectives
- Gain an understanding of the assorted replenishment mechanisms in the supply chain and their unique functions.
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