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)