Question 7 5 pts Multiple Choice: Vendor Managed Inventory (VMI) is a streamlined approach to inventory management and order fulfillment. VMI involves collaboration between suppliers and their customers (eg distributor retailer, or product end user) which changes the traditional ordering process. What is THE major difference between VMI and the traditional order management processes? The retailer shares point of sales data with their suppliers The focus is on minimizing inventory stored in the retailer's warehouse The supplier manages the invontory for the retailer. The focus is on preventing out of stocks on the store shelves