Collaborative Planning, Forecasting and Replenishment (CPFR) Overview
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Collaborative Planning, Forecasting and Replenishment (CPFR) Overview
Published 11/21/2018, 05:15 PM
Last Update 10/19/2020, 03:41 AM
The Collaborative Planning, Forecasting, and Replenishment (CPFR) process focuses on improving partnerships between Best Buy and key vendors through joint business planning and forecasting of consumer demand.
Best Buy offers three levels of CPFR involvement for vendors. Depending on the level chosen, the automated reporting includes forecast, sales, and inventory data.
Benefits of CPFR include:
- Enhanced communication
- Improved visibility
- Aligned focus on goals
For more information about CPFR, please reach out to CPFR@bestbuy.com.