Intermidiate EDI--CPFR
2004-06-24 17:19
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Collaborative Planning, Forecasting and Replenishment (CPFR)
CPFR is a concept that allows collaborative processes across the supply chain, using a set of process and technology models that are:[align=center]
Open, yet allow secure communications | |
Flexible across the industry | |
Extensible to all supply chain processes | |
Support a broad set of requirements (new data types, interoperability with different DBMSs, etc). | |
The mission of this initiative is closely tied with similar efforts that have preceded it - such as ECR, Quick Response and VMI. Its objectives are consistent with the objectives of the Voluntary Inter-industry Commerce Standards Association (VICS), - a voluntary, nonprofit organization, which takes a global leadership role in the ongoing improvement of the flow of product and information (about the product) throughout the entire supply chain in the general merchandise retail industry. | |
The goal of CPFR is to change the relationship paradigm and create significantly more accurate information that can drive the value chain to greater sales and profits. |
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