In a retail firm's implementation of vendor-managed inventory (VMI), what trading partners are responsible for setting target inventory levels and making restocking decisions?
Suggested Answer: B
Get Premium CLTD Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
24 comments · newest first
AS
Asuncion
2 days ago
D is not correct. Consumers aren’t involved in restocking.
JO
Jonelle
7 days ago
B makes sense. Collaboration is key in VMI.
MA
Marisha
12 days ago
C sounds off. Buyers don’t manage inventory.
LU
Luis
17 days ago
Definitely B. They have the data to decide.
CH
Charlette
23 days ago
I feel A is misleading. Consumers don’t set levels.
PH
Phung
28 days ago
Agreed! They set levels together.
BL
Blondell
1 month ago
I think B is the right choice. Retailer and suppliers work closely.
MA
Matilda
1 month ago
Yeah, collaboration is key between retailer and suppliers.
AL
Alayna
1 month ago
Still, B is more accurate for VMI.
AL
Alishia
2 months ago
I feel like C could be relevant too. Buyers influence demand.
JA
Janessa
2 months ago
B makes sense. Suppliers manage inventory flow.
LE
Letha
2 months ago
True, but they don’t set levels directly.
YO
Yolande
2 months ago
But what about A? Consumers have input too.
CA
Cathrine
2 months ago
Agreed, they know the stock needs best.
AN
Antione
2 months ago
I think it's B. Retailer and its suppliers.
CA
Carlee
3 months ago
I thought it was just the retailer and suppliers, but I’m not so sure now.
LI
Lilli
3 months ago
Wait, are consumers really involved in this?
RE
Rex
3 months ago
No way, it's B for sure!
GE
Gearldine
3 months ago
I think A could be a possibility too.
PA
Paris
3 months ago
B is definitely the right answer!
LU
Lura
4 months ago
I feel like the retailer and suppliers are the key players in VMI, so I would go with B as well.
CA
Catalina
5 months ago
I’m a bit confused because I thought retail consumers had some influence in VMI, but I guess they don't really set inventory levels.
NI
Nicolette
5 months ago
I remember practicing a question similar to this, and I think it was about the collaboration between the retailer and suppliers. So, I’m leaning towards B.
RU
Ruthann
5 months ago
I think the answer might be B, but I'm not entirely sure if it's the retailer and suppliers or if the buyers play a role too.