Examlex
The biggest disadvantage to the franchisor is which of the following?
Bullwhip Effect
The phenomenon where variations in demand cause increasingly larger fluctuations in the supply chain, often leading to inefficiency and excess inventory.
Vendor Managed Inventory
A supply chain agreement where the supplier assumes the responsibility of managing inventories and stock replenishment for the customer.
Continuous Replenishment Systems
A logistical strategy whereby inventory is continuously monitored and replenished to maintain optimal levels at all times.
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.
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