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Business/Investing Supply Chain Collaboration: How to Implement CPFRR and Other Best Collaborative Practices
Posted on 2010-03-16
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More Supply Chain Collaboration: How to Implement CPFRR and Other Best Collaborative Practices (Integrated Business Management Series) Ron Ireland was one of the leaders in Wal-Mart’s effort to develop its supply chain processes for collaborative forecasting and replenishment execution using retail links for communicating point-of-sale, forecasts, and inventory information to its suppliers. As a result he helped pioneer the retail industry standard called Collaborative Planning, Forecasting and Replenishment (CPFR). This collaborative process, which involves sharing information with supply chain partners in real-time, enables substantially improved planning and financial results. Using his extensive knowledge and first-hand experience, Ireland, with Colleen Crum, demonstrates what is necessary to achieve successful win-win trading partner collaborations and describes what companies give up when they don’t collaborate.
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