Collaborative Planning, Forecasting, and Replenishment
(CPFR) is a strategic business process that enhances coordination and
information sharing among supply chain partners. It aims to improve overall
efficiency by aligning planning, forecasting, and inventory replenishment
efforts across the network. CPFR involves shared decision-making between
suppliers and retailers to ensure products are available at the right time, in
the right quantity, and at the right place.

Which of the following is not a component
of the CPFR process

Question

Collaborative Planning, Forecasting, and Replenishment
(CPFR) is a strategic business process that enhances coordination and
information sharing among supply chain partners. It aims to improve overall
efficiency by aligning planning, forecasting, and inventory replenishment
efforts across the network. CPFR involves shared decision-making between
suppliers and retailers to ensure products are available at the right time, in
the right quantity, and at the right place.

Which of the following is  not  a component
of the CPFR process

Answer

Joint
sales forecasting

Answer

A
process in which supply chain trading partners plan key supply chain activities independently,
without collaboration or data sharing

Answer

Joint
business planning

Answer

Replenishment
of raw materials and finished goods

Answer

Open
and timely communication between supply chain partners

Crowdly

Collaborative Planning, Forecasting, and Replenishment (CPFR) is a strategic bu...

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