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About Operations in Supply Chain Management PDF
CPFR (Collaborative Planning, Forecasting and Replenishment) is a supply chain collaboration technique that aims to increase efficiency. It involves suppliers and retailers sharing information to better forecast demand and inventory levels. There are four phases: strategy and planning, demand and supply management, execution, and analysis. Benefits include improved forecasting accuracy, reduced inventory levels, and cost reductions. Successful CPFR requires cultural alignment between partners and senior management support.
Detailed Information
| Author: | ['Corine Joy Tapo'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 25 |
| Language: | English |
| Format: | |
| Price: | FREE |
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