Question $23(1$ point$)$

is an approach for improving supply chain efficiency in which the vendor is responsible for maintaining the retailer's inventory levels in each of its stores.

Efficient consumer response $($ECR$)$

Reverse logistics

Collaborative planning, forecasting, and replenishment $($CPRF$)$

Quick Response $($QR$)$ system

Vendor$-$managed inventory $($VMI$)$