I've heard about a supply chain management strategy called CPFR. I want to understand what it stands for and how it works. Could someone explain the basics of the CPFR strategy to me?
5 answers
HallyuHeroine
Wed Dec 18 2024
Efficiency is a core aspect of CPFR, aiming to minimize costs throughout the process.
CryptoVisionaryGuard
Wed Dec 18 2024
Collaborative Planning, Forecasting, and Replenishment (CPFR) represents a strategic approach.
Lorenzo
Wed Dec 18 2024
By integrating planning, forecasting, and replenishment, CPFR seeks to optimize the entire supply chain.
Ilaria
Wed Dec 18 2024
It involves trading partners working together to plan and execute supply chain activities.
InfinityRider
Wed Dec 18 2024
The primary goal of CPFR is to ensure that customer demand is met effectively.