Outcome # 4 Flashcards
1
Q
Information flow
A
Customer to store
Store to the buyer
Buyer to manufacturer
Store to manufacturer
Store to distribution centre
2
Q
electronic data interchange (EDI)
A
The computer-to-computer exchange of business documents from a retailer to a vendor and back.
3
Q
Advanced shipping notice
A
An electronic document that the supplier sends the retailer in advance of a shipment to tell the retailer exactly what to expect in the shipment.
4
Q
Vendor management Inventory
A
An approach in which the manufacturer is responsible for replenishing inventory to meet retailers’ needs.
