Today’s consumers, expecting unlimited choice in shopping, purchasing, and consumption, have sparked a competitive explosion in product variation, points of sale, delivery options, integrated sales, and delivery policies. Meanwhile, global sourcing, regulatory variation, and supply risk have complicated the upstream picture (such as through tariffs, for example), making it harder than ever in some cases to meet consumer demand at a profit.
Collaborative Planning, Forecasting and Replenishment (CPFR), a trademark procured from GS1 US, is a concept that aims to enhance supply chain integration by supporting and assisting…[Read More]