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How does a good database help marketers in understanding customers?
Supplier-Managed Inventory
A supply chain arrangement where the supplier assumes responsibility for managing inventory levels at the customer's premises, based on agreed parameters.
Inventory-Management System
A tool or software used by businesses to track stock levels, orders, sales, and deliveries to ensure the efficient management of inventory.
Vendor-Managed Inventory System
A supply chain practice where the supplier is responsible for maintaining the inventory levels of their products at the customer's premises.
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