Which supply chain innovation was first introduced by Walmart in the early 1980s and revolutionized retail inventory management by requiring suppliers to send electronic updates when products ship?

The retail supply chain has undergone dramatic transformations in recent years, with new technologies revolutionizing how products move from manufacturers to consumers. From blockchain tracking to AI-powered inventory management, staying competitive requires understanding these innovations. Test your knowledge about a critical supply chain technology that changed how retailers manage their inventory and respond to market demands.

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Vendor-Managed Inventory (VMI)
Electronic Data Interchange (EDI)
Just-In-Time (JIT) Delivery
Radio Frequency Identification (RFID)