What is CPFR, and what benefits could it achieve for the members of a private industrial network?

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 CPFR (collaborative resource planning, forecasting, and replenishment) 

CPFR (collaborative resource planning, forecasting, and replenishment) involves working with network members to forecast demand, develop production plans, and coordinate shipping, warehousing, and stocking activities. The goal is to ensure that retail and wholesale shelf space is precisely maintained.

 The benefits it could achieve for private industrial network members are that hundreds of millions of dollars of excess inventory and capacity could be wrung out of an industry.



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