A company is considering implementing collaborative planning, forecasting, and replenishment (CPFR). Which of the following statements best reflects one of the objectives of CPFR?
A) It represents a sequence of business processes between consumers and retailers.
B) It replaces traditional forecasting methods with a shared single forecast among trading partners.
C) It represents a sequence of business processes within the manufacturing environment.
D) It replaces traditional inventory management procedures with a vendor-managed (VMI) system.

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The Answer of A company is considering implementing collaborative planning, forecasting, and replenishment (CPFR). Which of the following statements best reflects one of the objectives of CPFR?
A) It represents a sequence of business processes between consumers and retailers.
B) It replaces traditional forecasting methods with a shared single forecast among trading partners.
C) It represents a sequence of business processes within the manufacturing environment.
D) It replaces traditional inventory management procedures with a vendor-managed (VMI) system.

A Company Is Considering Implementing Collaborative Planning, Forecasting, and Replenishment