Which retail innovation from the 1970s revolutionized supply chain management by introducing centralized distribution centers that significantly reduced costs and improved product availability?

Test your knowledge about a pivotal innovation in retail history that transformed how products move from manufacturers to consumers. Before this breakthrough, retail supply chains were fragmented and inefficient, leading to higher costs and limited product availability. The development of this system fundamentally changed retail operations worldwide and continues to influence modern supply chain management practices today.

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Walmart's 'Hub and Spoke' distribution system
Sears' catalog fulfillment network
JCPenney's regional warehouse model
K-Mart's direct-to-store delivery system