The Law Dictionary

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COLLABORATIVE PLANNING, FORECASTING, AND REPLENISHMENT (CPFR) Definition & Legal Meaning

Definition & Citations:

Agreement for the sharing of internal information to both the buyer and supplier for vendor-managed inventory (VMI), allowing them to collaborate and to integrate their plans, forecasts, and delivery schedules. The intent is to ensure a smooth flow of goods and services as they are needed, and improving as needed.

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