Collaborative Planning, Forecasting, and Replenishment

(1) A collaboration processA series of time-based activities linked to comple... whereby supply chain(1) Starting with unprocessed raw materials and en... trading partners can jointly plan key supply chain activities from production and delivery of raw materialsCrude or processed material that can be converted ..., to production and delivery of final products to end customers. Collaboration encompasses business planning, sales forecastingPredictions of how much of a product will be purch..., and all operations required to replenish raw materials and finished goodsA merchandise or materials which are used to satis.... (2) A process philosophy for facilitating collaborative communications. CPFRSee Collaborative Planning, Forecasting and Replen... is considered a standard, endorsed by the Voluntary Inter-Industry Commerce Standards.