APICS Exam CLTD Topic 7 Question 94 Discussion

Actual exam question for APICS's CLTD exam

Question #: 94
Topic #: 7

[All CLTD Questions]

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?

ARetail consumers and vendors

BRetailer and its suppliers

CRetailer and its buyers

DRetail consumers and retailers

Show Suggested Answer

Suggested Answer: C

by Na at Dec 08, 2024, 04:56 PM

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Carissa

1 months ago

A) Retail consumers and vendors? Well, I guess the consumers could just go down to the store and restock the shelves themselves. That's one way to do it!

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Agustin

18 days ago

A) Retail consumers and vendors? Well, I guess the consumers could just go down to the store and restock the shelves themselves. That's one way to do it!

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Nicolette

1 months ago

C) Retailer and its buyers? Nah, that's not how VMI works. The buyers are usually the ones who get replaced by the supplier's inventory management in a VMI system.

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Keneth

1 months ago

D) Retail consumers and retailers? Really? That's just plain wrong. Consumers don't have a say in inventory levels, and the retailer doesn't make decisions by themselves in a VMI setup.

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Shaquana

2 days ago

B) Retailer and its suppliers

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Gail

1 months ago

A) Retail consumers and vendors

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Emilio

2 months ago

I agree, B) is the right answer. The whole point of VMI is to have the supplier take responsibility for inventory management, not the consumers or the retailer's internal buyers.

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Sheridan

1 months ago

Yes, that's correct. The supplier takes on the responsibility in vendor-managed inventory.

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Charolette

1 months ago

I think B) Retailer and its suppliers are responsible for setting target inventory levels and making restocking decisions.

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Dortha

2 months ago

I'm not sure, but I think it makes sense that the retailer and its suppliers work together in VMI to ensure efficient inventory management.

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Ludivina

2 months ago

I agree with Catina, because the retailer and its suppliers are the ones responsible for setting target inventory levels and making restocking decisions in VMI.

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Phyliss

2 months ago

B) Retailer and its suppliers seems like the correct answer. In a VMI system, the retailer and its suppliers work together to manage inventory levels and replenishment.

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Catina

2 months ago

I think the answer is B) Retailer and its suppliers.

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