Question

The goal of CPFR is to
A. ensure product innovation.
B. determine which model needs to be used to predict future events.
C. create significantly more accurate information that can power the supply chain.
D. create good relations with suppliers.

Answer 1

Answer:

The goal of CPFR is to:

C. create significantly more accurate information that can power the supply chain

Explanation:

Collaborative Planning Forecasting and Replenishment (CPFR) is a term that represents a business practice for cooperative management of inventory through joint visibility this allows to know the inventory in different steps: on order, in transit, in storage, or on hand.