Identify and describe the three types of retailer supplier partnerships discussed in chapter 8

Retailer Supplier Partnerships: Identify and describe the three types of retailer supplier partnerships discussed in chapter 8

Identify and describe the three types of retailer-supplier partnerships discussed in chapter 8. Manufacturers and retailers occasionally find using third parties to perform certain aspects of the materials management and /or product distribution functions beneficial. Why might this be the case?

Provide details in your response.

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There are three types of retailer supplier partnership that ensures strategic alliance to understand the market system. Traditionally, retailer-supplier relationship was far much greater than variation in demand experienced by retailers. Information sharing is important to help vendors to plan effectively however, the vendor may have a scheme to completely manage and own inventories until the time the retailer sells every item. Continuous replenishment strategy or rather rapid replenishment is a process where vendors receive POS data. The data……………….

APA

300 Words

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