One of the most significant changes in retail inventory management in recent years has been the introduction of vendor-managed inventory?(VMI) programs, also known as Continuous Replenishment Programs (CRP) or Continuous Product Replenishment (CPR).
( ( One ( of ( ( the ( most ( significant changes ) ) ) ( in ( ( retail ( inventory management ) ) ( in ( recent years ) ) ) ) ) ) ) ( ( has ( been ( ( ( ( the introduction ) ( of ( ( vendor-managed inventory ) ? ) ) ) ( -LRB- ( VMI -RRB- ) ) ) ( ( programs , ) ( also ( known ( as ( ( ( ( ( Continuous ( Replenishment Programs ) ) ( -LRB- ( CRP -RRB- ) ) ) or ) ( Continuous ( Product Replenishment ) ) ) ( -LRB- ( CPR -RRB- ) ) ) ) ) ) ) ) ) ) . ) )
(ROOT (S (NP (NP (CD One)) (PP (IN of) (NP (NP (DT the) (RBS most) (JJ significant) (NNS changes)) (PP (IN in) (NP (NP (JJ retail) (NN inventory) (NN management)) (PP (IN in) (NP (JJ recent) (NNS years)))))))) (VP (VBZ has) (VP (VBN been) (NP (NP (DT the) (NN introduction)) (PP (IN of) (FRAG (NP (JJ vendor-managed) (NN inventory)) (. ?))) (PRN (-LRB- -LRB-) (NP (NNP VMI)) (-RRB- -RRB-)) (NP (NP (NNS programs)) (, ,) (VP (ADVP (RB also)) (VBN known) (PP (IN as) (NP (NP (NNP Continuous) (NNP Replenishment) (NNP Programs)) (PRN (-LRB- -LRB-) (NP (NNP CRP)) (-RRB- -RRB-)) (CC or) (NP (NNP Continuous) (NNP Product) (NNP Replenishment)) (PRN (-LRB- -LRB-) (NP (NNP CPR)) (-RRB- -RRB-))))))))) (. .)))
The VMI is a vender managed inventory and has been a significant change in retail inventory management.
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