Question

The goal of collaborative planning, forecasting, and replenishment (CPFR) is to improve operational efficiency and manage inventory.

a. True
b. False

Answer 1

Option "a" = true.

Step-by-step explanation:

"The goal of collaborative planning, forecasting, and replenishment (CPFR) is to improve operational efficiency and manage inventory"

The statement given above is right or CORRECT and TRUE(option a).

The concept of "Collaborative Planning, Forecasting and Replenishment" was first brought into limelight in the year 1995. Collaborative Planning, Forecasting & Replenishment make sure that a terminology or say a concept in commerce which is know as "Integration of supply chain" is improving greatly.

The collaborative planning, forecasting, and replenishment (CPFR) helps to improve operational efficiency by reducing costs such as that of logistics, transportation and many more.