January 2023
Intermediate to advanced
250 pages
11h 7m
English
Content preview from Logistics and Supply Chain Management, 6th Edition
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Collaborative planning, forecasting and replenishment
Over the last 25 years or so, a number of breakthroughs have occurred in collaborative working in supply chains. Many of these initiatives have originated in the retail sector but the ideas have universal application. The underpinning logic of all these collaborative initiatives has been the idea that through sharing information and by working together to create joint plans and forecasts, both the supply side and the demand side of the supply chain can benefit.
Collaborative planning, forecasting and replenishment (CPFR) is the name given to a partnership-based approach to managing the buyer/supplier interfaces across the supply chain. The idea is a development of vendor-managed inventory ...
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