In a CPFR system,information is used to:
A) generate a sales forecast and a delivery schedule.
B) predict collaborative profitability.
C) signal the rate of return of defective merchandise.
D) create radio frequency identification tags.
E) simulate supply chain management functions.

Question

Quizplus · Accepted Answer

In a CPFR system (Collaborative Planning, Forecasting, and Replenishment), information is used to generate a sales forecast and a delivery schedule through the collaboration of multiple partners in the supply chain. This allows for better inventory management and the optimization of the entire supply chain process. Choices B, C, D, and E are not directly related to the purpose of a CPFR system.

In a CPFR System,information Is Used To