Collaborative Planning, Forecasting and Replenishment. This is a type of software system that enables businesses to interactively share production, inventory and order information online with their partners.
Collaborative planning, forecasting and replenishment. A type of soft-ware system that enables businesses to interactively share production, inventory and order in-formation online with their partners.
The Collaborative Planning, Forecasting and Replenishment (CPFR®) offering will enable collaboration among all supply-chain-related activities. This collaboration will include setting common cross-enterprise goals and performance measures, creating category/item goals across partners and collaborating on sales and order forecasts. Performance will be monitored as collaborative activities are executed providing participants with the ability to evaluate partners. (www.cpfr.org)
Collaborative Planning, Forecasting and Replenishment (CPFR) is the sharing of forecast and related business information among business partners in the supply chain to enable automatic product replenishment.
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A means for the stakeholders in a supply chain to exert synchronized control over its flows. In particular, it goes a long way to stem the bullwhip effect.
Collaborative Planning, Forecasting and Replenishment (planification, prévisions et réapprovisionnement collaboratifs)
The sharing of information between supplier and retailer to improve demand forecasting and availability.
Collaborative Planning, Forecasting and Replenishment - collaborate in key supply chain processes to increase mutual efficiencies, focus on common goals and measures. Also it recognize different business, technological and organizational requirements and changes the collaboration effective to meet mutual goals. CPFR is a VICS initiative. (Thanks to Gordon Bennie)