Which retail supply chain innovation, first implemented in the 1970s, revolutionized inventory management by connecting product sales directly to manufacturing schedules?

Throughout history, retail supply chain management has evolved dramatically, with several pivotal innovations transforming how goods move from production to consumption. One particular breakthrough in the 20th century revolutionized inventory management and dramatically reduced costs across the retail landscape. Test your knowledge about this transformative moment in retail history that still shapes how businesses operate today.

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Just-In-Time (JIT) inventory system, pioneered by Toyota and later adopted by Walmart
Electronic Data Interchange (EDI), first used by Sears and Montgomery Ward
Radio-Frequency Identification (RFID) tracking, developed by IBM for retail deployment
Vertical integration model, implemented by A&P grocery stores