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Vendor Managed Inventory (VMI) is a practice where ____.

6. Vendor Managed Inventory (VMI) is a practice where ____.

1. Suppliers manage the inventory levels at customer locations
2. Customers manage the inventory levels at supplier locations
3. Both customers and suppliers independently manage their inventory levels
4. Inventory is managed by a third-party logistics provider

Answer

The correct answer is: A) Suppliers manage the inventory levels at customer locations

Explanation

VMI involves suppliers taking responsibility for managing inventory levels at their customers' locations based on agreed-upon criteria.