APICS Operations Management Body of Knowledge Framework, Third Edition

5.11 Collaborative planning, forecasting, and replenishment (CPFR)

CPFR is a supply chain strategy in which members of the supply chain work towards best practices in planning the flow of production from the first link in the chain to the last link in the chain. CPFR for distribution inventories may involve planning for such activities as replenishment, vendor-managed inventory, forecasting, assortment optimization, retail store clustering, and presentation stock. (See section 3.9.3.)