Question

Which of the following is an IT tool designed specifically to help retailers work more closely with vendors on stock replenishment?

1) BOLD
2) ECR
3) data warehouse
4) projection
5) EDI

Answer 1

EDI is an IT tool designed specifically to help retailers work more closely with vendors on stock replenishment.

Step-by-step explanation:

The correct answer is EDI, which stands for Electronic Data Interchange. EDI is an IT tool designed specifically to help retailers work more closely with vendors on stock replenishment. It enables the electronic exchange of business documents, such as purchase orders and invoices, between retailers and vendors in a standardized and automated way.