The essence of CPFR in supply chain management

<p>Supply chain management is pivotal in business, integrating planning, procurement, production, and distribution. Collaborative Planning, Forecasting, and Replenishment (CPFR) fosters partnerships between stakeholders, enhancing transparency and efficiency. CPFR involves strategic joint planning, coordinated demand and supply forecasts, continuous monitoring, and performance optimization. It results in streamlined inventory, better customer satisfaction, and a competitive advantage in global markets.</p> <p><a href="https://medium.com/@thomasarnosander/the-essence-of-cpfr-in-supply-chain-management-4735220af7a8"><strong>Website</strong></a></p>