Abstract: The increasingly global operations and supply chains are significant. And the product life cycles are decreasingly shorter. Therefore, to rapidly react to global market immediately and accurately, and to cope with the increase in variability in the supply chains, many enterprises strive to share internal and external information devotedly. CPFR (Collaborative planning, forecasting and replenishment) is one new collaborative commerce model to enable collaborative relationships between buyers and sellers through co-managed processes and shared information. The early adopters of CPFR are retailers and their suppliers to increase the visibility to each other and let the suppliers to exactly replenish goods at right time and accurate quantity.
Introduction: The increasingly global operations and supply chains are significant. And the product life cycles are decreasingly shorter. Therefore, to react to global market immediately and accurately, and to cope with the increase in variability in the supply chains, many enterprises strive to share internal and external information. Collaborative planning, forecasting and replenishment (CPFR) is one new collaborative commerce model to enable collaborative relationships between buyers and sellers through co-managed processes and shared information. The early adopters of CPFR are retailers and their suppliers who want to increase their visibility to each other and let suppliers replenish goods at the right time and in accurate quantities.
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