Lean Supply Management Organizations Use a Variety of Methods and Tools

Multiple Choice

Lean supply management organizations use a variety of methods and tools to automate the management of inventory and as replenishment tools. Which of the following is a supplier managed inventory?

A) A system where an inventory is reviewed at periodic intervals.
B) A system that holds a supplier responsible for ensuring that stock is maintained at the purchaser's facility.
C) A system in which the buyer sends an automated request when supply is low.
D) A system where an order is placed whenever a predetermined level is reached.