Certified In Planning And Inventory Management (CPIM) Exam

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A company is experiencing erratic demand for one of its key products. To better align supply with this unpredictable demand, they decide to implement a strategy where they collaborate closely with their major retail partners to share sales data, develop joint forecasts, and coordinate replenishment activities. This practice is best described as:

Vendor-Managed Inventory (VMI) Just-in-Time (JIT) II Collaborative Planning, Forecasting, and Replenishment (CPFR) Sales and Operations Planning (S&OP)

Correct Answer:

Collaborative Planning, Forecasting, and Replenishment (CPFR)

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