Home » MCQs » Supply Chain Management (SCM) MCQs

Collaborative planning, forecasting, and replenishment (CPFR) involve ____.

13. Collaborative planning, forecasting, and replenishment (CPFR) involve ____.

1. Outsourcing production planning to suppliers
2. Maintaining high levels of inventory to ensure product availability
3. Sharing information and coordinating activities between trading partners
4. Minimizing communication with customers and suppliers

Answer

The correct answer is: C) Sharing information and coordinating activities between trading partners

Explanation

CPFR promotes collaboration between trading partners by sharing information and jointly planning forecasts and replenishment activities.