With scan-based trading, are retail companies creating
inventory at the point of sale or recording income/expense?
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Answer / Randhir Pratap
Scan-based trading is a method used by retail companies to reduce inventory costs. In this system, retailers share inventory management responsibilities with their suppliers. However, it's important to note that the physical inventory isn't created at the point of sale, but rather the responsibility for unsold inventory remains with the supplier.
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