A broad-based approach to supply chain management among a network of trading partners is ________.
A) third-party logistics
B) collaborative planning, forecasting, and replenishment (CPFR)
C) supply chain management
D) electronic data interchange (EDI)

Question

Quizplus · Accepted Answer

Collaborative planning, forecasting, and replenishment (CPFR) is a broad-based approach to supply chain management among a network of trading partners. It involves the sharing of information and resources between partners to achieve optimized supply chain operations. Third-party logistics, supply chain management, and electronic data interchange (EDI) are all related concepts but do not encompass the full scope of collaboration among trading partners.

A Broad-Based Approach to Supply Chain Management Among a Network