Which retail giant pioneered the 'vendor-managed inventory' (VMI) system that revolutionized supply chain management by shifting inventory responsibility to suppliers?

Test your knowledge about modern retail supply chain management innovations! In today's competitive retail landscape, efficient supply chain management can make or break a company's profitability. From just-in-time inventory systems to blockchain tracking, retailers are implementing cutting-edge technologies to streamline operations, reduce costs, and meet customer expectations for fast delivery. This trivia question focuses on a major retail innovation that transformed inventory management practices worldwide.

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Walmart
Target
Amazon
Costco