The local auto supply store gets merchandise delivered to it by its manufacturers as soon as it has a need, reducing stockouts with minimal inventory. This demonstrates the concept of

A. data warehousing.

B. a push marketing strategy.

C. vendor-managed inventory.

D. manufacturer-managed distribution.

E. cross-docking.

Question

Business

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11 April, 20:06

The local auto supply store gets merchandise delivered to it by its manufacturers as soon as it has a need, reducing stockouts with minimal inventory. This demonstrates the concept of

A. data warehousing.

B. a push marketing strategy.

C. vendor-managed inventory.

D. manufacturer-managed distribution.

E. cross-docking.

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Answers (1)

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Freddy Cohen · Answer 1

C. vendor-managed inventory.

Explanation:

Based on the scenario being described within the question it can be said that this demonstrates the concept of a vendor-managed inventory. This specific concept is a business model in which the buyer of a product provides the vendor with information regarding how much inventory they need and the vendor takes full responsibility for making sure that they always have that amount in stock.