33:799:301 Study Guide - Stockout, List Of Auto Parts, Data Set
3 Nov 2013
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True/false: one of the goals of an effective cpfr system is to minimize the negative impacts of the bullwhip effect on supply chains. Pts: 1: the modern day business environment must deal with a more homogenous consumer base, which has caused the evolution of a more push oriented environment where suppliers must focus on manufacturing high volumes of standardized goods. Pts: 1: some of the benefits of cpfr include strengthening partner relationships, providing an analysis of sales and order forecasts both upstream and downstream, and allowing collaboration on future requirements and planning. Pts: 1: the true value of cpfr comes from the sophisticated forecasting algorithms that provide companies with highly accurate forecasts, not from the exchange of forecasting information. Pts: 1: some of the important steps involved in implementation of a cprf process model include developing a collaborative arrangement, creating a sales forecast, creating an order forecast, and generating those orders.
