C. The manufacturer takes ownership of the inventory at the customer's retail outlet via a customer mandated vendor-managed inventory (VMI) program.
This approach allows the manufacturer to control inventory levels at the retail outlet, which can lead to faster sales and quicker turnover of inventory. By managing inventory levels more effectively, the manufacturer can reduce the cash tied up in inventory, thus improving cash flow cycle time.
The manufacturer reduces transit time on inventory owned by the firm through an effective lean program.
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