What forecasting systems combine the intelligence of multiple supply chain partners?
A) FORE
B) MULTISUP
C) CPFR
D) SUPPLY
E) MSCP

Question

Quizplus · Accepted Answer

CPFR (Collaborative Planning, Forecasting, and Replenishment) is a forecasting system that involves multiple supply chain partners (retailers, manufacturers, distributors) to share information, insights, and intelligence in order to create an accurate demand forecast and optimize inventory levels. CPFR can improve supplier performance, reduce stockouts, and increase customer satisfaction.

What Forecasting Systems Combine the Intelligence of Multiple Supply Chain