Automated CPFR

CPFR: Collaborative Planning, Forecasting and Replenishment. Simply put, CPFR is the sharing of forecasts and related information among partners in the supply chain to eliminate excess inventory and improve in-stock positions making everyone in the supply chain more profitable. Retailers share sales history, sales projections and other important information with business partners, who in exchange share their raw material availability, lead times and other important information with Retailers. It’s a win-win strategy, but will only work when there is trust and visibility for both parties.

Enter Videlity. Our CPFR Solution allows customers and suppliers to speak the same language so they can evaluate key performance criteria by comparing apples to apples (Collaboration Performance Monitor). We allow suppliers to aggregate all kinds of demand into a common measurement so they get a big picture to input into their planning process, instead of lots of small puzzle pieces (Demand Integrator). We keep customers feeling secure – even when they hand over replenishment responsibility to their suppliers (Inventory Visibility). And we even let suppliers know how to replenish their customers while a campaign is in progress (Campaign Manager).

Raising the level of information in the supply chain eliminates silo-thinking and replaces it with a far reaching strategy to reap significant benefits on the bottom line – for both customers and suppliers.

Click here to read concrete details about one company’s success with a Videlity CPFR solution.