Supply Chain Management - Collaborative Planning, Forecasting and Replenishment (CPFR)

Supply Chain Management - Collaborative Planning, Forecasting and Replenishment (CPFR)

Supply Chain Management - Collaborative Planning, Forecasting and Replenishment (CPFR)

Collaborative Planning, Forecasting, and Replenishment (CPFR) takes a collaborative approach to supply chain management and information exchange among trading partners. The driving premise of CPFR is that all supply chain participants develop a synchronized forecast.

Authors

Introduction

 
Collaborative Planning, Forecasting, and Replenishment (CPFR) takes a collaborative approach to supply chain management and information exchange among trading partners.
 
The driving premise of CPFR is that all supply chain participants develop a synchronized forecast. Every participant in the supply chain involved in a CPFR process — supplier, manufacturer, distributor, retailer — can view and amend forecast data. Therefore, CPFR puts an end to independent guesswork in the forecasting process by various participants. It results into a situation wherein  manufacturers and retailers share their plans, with detailed knowledge of each others’ assumptions and constraints.
 
The steps involed in installing a CPFR systems are:
 
1. Develop Front End Agreement
2. Create Joint Business Plan
3. Create Sales Forecast
4. Identify Exceptions for Sales Forecast
5. Resolve/Collaborate on Exception Items
6. Create Order Forecast
7. Identify Exceptions for Order Forecast
8. Resolve collaborate on Exception Items
9. Order Generation
10. Delivery Execution
 
 
 
 
 
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CPFR Case Studies from VICS

 
 
 
 
 
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Collaborative Planning, Forecasting and Replenishment (CPFR): A Tutorial


Instructor:
Cecil Bozarth , PhD
North Carolina State University
Author of "Introduction to Operations and Supply Chain Management," 2nd edition, Pearson, Prentice-Hall
 
Links to web pages
 
 
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White Papers

 
 
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1 comment:

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