CPFR
Supply Chain
CPFR (Collaborative Planning, Forecasting and Replenishment)
Collaborative Planning, Forecasting and Replenishment
Collaborative customer-supplier process for sharing forecasts, plans and replenishment information.
Examples
- 01Through CPFR, a retailer shares its weekly promotion plans with the drinks supplier, so production can prepare in time.
- 02The CPFR review meeting compares forecasts from both companies and agrees on one plan where they differ by more than 15 %.
- 03When CPFR data shows a promotion selling twice as fast as planned, both sides agree on extra deliveries within 48 hours.