Collaborative planning, forecasting, and replenishment (CPFR)

Collaborative planning, forecasting, and replenishment (CPFR),

Definition of Collaborative planning, forecasting, and replenishment (CPFR):

  1. Vendor managed inventory (VMI) arrangement in which both buyer and supplier share internal information to integrate their plans, forecasts, and delivery schedules to ensure a smooth flow of goods and services as they are needed.

Meaning of Collaborative planning, forecasting, and replenishment (CPFR) & Collaborative planning, forecasting, and replenishment (CPFR) Definition