Which of the Following Are NOT Often Associated with a Vendor-Managed

question 37

Multiple Choice

Which of the following are NOT often associated with a vendor-managed inventory (VMI) arrangements?

• A)Long-term commitments from both parties.
• B)Supplier representative located at the customer site.
• C)Customers recommend to suppliers how they should schedule production.
• D)Supplier places replenishment orders.
• E)All of these are typically associated with VMI.

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Definitions:

Differentiation

A strategy employed by businesses to make their products or services stand out from competitors', often through unique features, branding, or quality.

Flexibility

The ability to adapt and change in response to altering conditions and circumstances.

Restructuring Strategy

An organizational approach aimed at modifying its business structure, operations, or financial arrangement to improve efficiency, productivity, or adapt to market changes.

Operating At A Surplus

The condition in which a company or organization's revenues exceed its expenditures, leading to a positive financial position.