SCM perspectives: a closer look at CPFR
It almost sounds too good to be true: a tool that can help sewn products manufacturers and retailers sift through huge volumes of historic and actual point-of-sale data and identify and respond to those issues that need immediate attention. But it's here, it's called collaborative planning, forecasting and replenishment (CPFR,) and not only are CPFR-enabled partners building trust and strengthening their relationships, they are also claiming sales increases, inventory reductions and improved customer service.