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
C)applied procurement planning
D)electronic data interchange

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. This approach involves joint planning and coordination of supply chain activities, sharing information between trading partners, and making decisions based on shared data. CPFR can help improve supply chain efficiency and responsiveness while reducing costs and inventory levels.

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