Question: Explain Inventory Management and its influence on Supply Chain Management/Operations. Define and discuss vendor-managed inventory. How does the vendor-managed inventory process improve the supply chain?

Explain Inventory Management and its influence on Supply Chain Management/Operations. Define and discuss vendor-managed inventory. How does the vendor-managed inventory process improve the supply chain? Identify a company that uses the vendor-managed inventory method process and describe how the system has affected their operations management processes.

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