With respect to an SCM (Supply Chain Management) Value Chain, what term is used to describe the situation when when a supplier, rather than the retailer, manages the entire inventory process for a particular product or group of products, resulting in more effective inventory replenishment? Question 6 options: 1) JIT (Just In Time) 2) Vertical integration 3) VMI (Vendor Managed Inventory) 4) The bullwhip effect