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- ) ) ) ) ) ) ) ) ) ) . ) )
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Vender managed inventory was first invented in Chinese retail stores.
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