October 2013
Intermediate to advanced
1104 pages
28h 27m
English
A further enhancement to the supply chain is the concept of Collaborative Planning, Forecasting, and Replenishment (CPFR). The American Production and Inventory Control Society (APICS) defines collaborative planning, forecasting, and replenishment as “a collaboration process whereby supply chain trading partners can jointly plan key supply chain activities from production and delivery of raw materials to production and delivery of final product to end customers.” CPFR is more than a generic description of cooperation among supply chain partners.
Formalized in 1998 by the Voluntary Interindustry Commerce Solutions (VICS) Association, CPFR is an evolving set of best practices that help supply chain ...