Bringing Back CPFR: Integrating Supply Chain Partners
Manage episode 359024298 series 2810825
IBF On Demand sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's innovative approach to forecasting here: http://bit.ly/business-forecasting
02:00 CPFR for 'outside in' planning
04:40 Original CPFR steps: Info sharing, joint forecasting, coordinate shipments
06:41 Bringing the outside in for better planning
10:44 CPFR includes external factors and leading indicators
13:40 Guiding principles of CPFR
16:10 Benefits of CPFR
17:35 Where CPFR goes wrong for a lot of companies
19:50 Overcoming cultural fear of sharing information
23:00 Keys to success: getting the right strategic partner, starting slow
https://ibf.org/knowledge/jbf-articles/a-history-of-cpfr-941
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