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About Benefits of CPFR and VMI Simulation
This document summarizes a research study that compares the benefits of two supply chain collaboration strategies: collaborative planning, forecasting and replenishment (CPFR) and vendor-managed inventory (VMI). Through a simulation model, the study finds that CPFR provides greater benefits than VMI by more effectively utilizing retail information. However, CPFR also requires more resources and organizational changes to implement. The study concludes that managers need to carefully consider their specific business conditions and balance the benefits against costs when determining the appropriate level of collaboration for their supply chain.
Detailed Information
| Author: | ['Sandeep Sasidharan'] |
|---|---|
| Publication Year: | 2013 |
| Pages: | 12 |
| Language: | English |
| Format: | |
| Price: | FREE |
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