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BNET Business Dictionary
- Forecasting
- the prediction of outcomes, trends, or expected future behavior of a business, industry sector, or the economy through the use of statistics. Forecasting is an operational research technique used as...
- Forecasting definition on BNET »
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- ENTERPRISE DEMAND SENSING IN THE AUTOMOTIVE INDUSTRY
- GM's research project investigates ways to quickly sense customer demand and ways to respond to it ... new analytical methodologies, IT framework, and collaborative decision-making processes are being developed to better match demand with supply ... the CPFR (collaborative planning, forecasting and replenishment) program is being adopted by the auto...
- Research articles 2006-10-01
- Is CPFR worth the effort? How Unilever achieved a single, customer-focused forecast.(collaborative planning, forecasting, and replenishment)
- "In its simplest form, CPRF [collaborative planning, forecasting, and replenishment] is comparing two forecasts and deciding which one is right," says Raz Caciula, director of best practice planning for Unilever Home and Personal Care. &q "In its simplest form, CPRF [collaborative planning, forecasting,...
- Research articles 2003-02-01
- A practical look at CPFR: the Sears-Michelin experience. (Partnership).(collaborative planning, forecasting, and replenishment)
- When Sears and Michelin implemented their collaborative planning, forecasting, and replenishment CPFR initiative in 2001, it was not out of a desire to follow the latest business trend. Instead, it was to solve a very real problem in their passen When Sears and Michelin...
- Research articles 2003-07-01
- Linking CPFR to SCOR: Imation's Experience.(collaborative planning, forecasting, and replenishment, supply chain operational reference)
- Collaborative planning, forecasting, and replenishment CPFR and the Supply Chain operational Reference SCOR model represent two of the most powerful supply chain initiatives of recent years. Independently, they can deliver some important tactic Collaborative planning, forecasting, and replenishment CPFR and the Supply Chain...
- Research articles 2001-07-01
- NABISCO, SAFE WAY LAUNCH PILOT.(collaborative, planning, forecasting and replenishment)(Brief Article)
- Nabisco Foods Inc., Parsippany, NJ, and Pleasanton, CA-based Safeway have launched a six-month collaborative, planning, forecasting and replenishment CPFR pilot. The pilot will be conducted in a Northern California Safeway and a Von's super Nabisco Foods Inc., Parsippany,...
- Research articles 1999-09-15
- TCI Unveils New Demand Forecasting & Replenishment Solution; Reduces Out-of-Stocks and Improves Margins and Customer Service for Grocers
- IRVINE, Calif. -- TCI Solutions, Inc. today announced Demand Forecasting & Replenishment, an inventory planning and optimization solution which empowers grocers to use demand-driven data to optimize inventory, reduce out-of-stocks and automate the replenishment process. The new offering leverages technology from JustEnough Software Corporation, and will be demonstrated at the...
- Research articles 2005-02-11
Additional Resources
- The Next Wave Of Supply chain Advantage: Collaborative Planning ,Forecasting and Replenishment
- "Collaborative Planning, Forecasting and Replenishment (CPFR®) is an idea for extending supply chains become more demand driven. Today, it is also a business practice that has begun to deliver significant business benefits to enterprises in the supply chains that have adopted it. CPFR helps trading partners generate the most...
- White papers 2000-04-01
- Collaborative Planning Forecasting and Replenishment: New Solutions Needed for Mass Collaboration
- The challenge faced by supplier companies in the grocery supply chain for implementing Collaborative Planning, Forecasting and Replenishment CPFR is how to get the retailer to forecast, especially when it has not been necessary before. In this paper a solution that would allow collaboration on a wide scale is presented....
- White papers 2003-11-20
- Collaborative Planning, Forecasting, And Replenishment
- This paper analyzes Collaborative Planning, Forecasting, and Replenishment CPFR from an incomplete contracting perspective. In the absence of economic incentive problems, CPFR enables trading partners to improve operational efficiency through a structured process of sharing and utilizing information across firm-level boundaries. From the review of the incomplete contracts literature and...
- White papers 2006-04-07
- Going toward a better production by CPFR.(Collaborative, Planning, Forecasting, and Replenishment)
- ABSTRACT This paper will show the CPFR (Collaborative, Planning, Forecasting, and Replenishment) concept and how it benefits companies in present day America. We will test the effectiveness of CPFR by performing analyses of several case studies involving suppliers and retailers that have...
- Research articles 2003-03-01
- INTEGRATING THE FORECASTING PROCESS WITH THE SUPPLY CHAIN: BAYER HEALTHCARE'S JOURNEY
- Describes in detail the supply chain integration efforts of Bayer HealthCare Division, which are based on the Collaborative Planning, Forecasting and Replenishment process ... many products have a built in bias of over-and under-forecasting, which has to Describes in detail the supply chain integration efforts of Bayer HealthCare Division, which...
- Research articles 2004-01-01
- Wegmans Selects Retek Forecasting and Replenishment Planning Solutions; Major Regional Supermarket Chain to Improve Customer Service and Inventory Performance
- Business Editors/High-Tech Writers MINNEAPOLIS--BUSINESS WIRE--Jan. 14, 2003 Retek Inc. (Nasdaq:RETK) announced today that Wegmans Food Markets, Inc. Wegmans has selected RetekR Demand ForecastingTM and RetekR Replenishment PlanningTM solutions to improve supply chain efficiency and increase inventory performance. Wegmans, a 64-store supermarket chain in NY, PA and NJ, is...
- Research articles 2003-01-14
- Collaborative Forecasting in Practice
- The Collaborative Planning Forecasting and Replenishment CPFR process model developed by the Voluntary Inter-Industry Standards VICS association has received significant attention from both practitioners and academics. This paper presents a case example of a supplier and a retailer collaborating to increase the retailer's forecasting accuracy for new product introductions. The...
- White papers 2003-11-26
- Forecasting Collaboration in the European Grocery Sector: Observations and Hypotheses
- In recent years, the Collaborative Planning, Forecasting and Replenishment CPFR initiative has made forecasting collaboration between retailers and suppliers subject to much attention. This paper presents the results of a case study examining four collaboration projects involving a total of four suppliers and one retailer operating in the European grocery...
- White papers 2004-10-05
- Market Basket Completes Rollout of Retalix Store Level Forecasting and Auto-Replenishment Solution; Grocery Retailer Increases Order Efficiency and Reduces Out of Stocks
- DALLAS -- Retalix USA (Nasdaq:RTLX) announced today that Market Basket, a supermarket chain in Texas and Louisiana, completed the rollout of Retalix's DemandAnalytx store forecasting and ordering system.
- Research articles 2004-07-22
- McDonald's Europe Confirms Successful Implementation of Manugistics' Advanced Forecasting and Replenishment Solutions
- ROCKVILLE, Md. -- Implementation to Be Extended Across the UK and Rest of Europe Soon
- Research articles 2004-10-13
- Syncra Systems Tops the List of RIS News' 'Rising Stars'; RIS News Readers Select CPFR Leader for First Place Based on Superior Products, Leading Technology, and Revenue Growth
- Business/Technology Editors CAMBRIDGE, Mass.--BUSINESS WIRE--Dec. 18, 2000 Syncra Systems, Inc., a leading provider of B2B supply chain collaboration solutions, and the leader in Collaborative Planning, Forecasting and Replenishment (CPFRR), today announced that it is ranked first among RIS News' Rising Stars. RIS News released the list of the...
- Research articles 2000-12-18
- Collaborating Across The Supply Chain.(Collaborative Planning, Forecasting and Replenishment, UCCnet, n-Tier, Global Commerce Initiative and Collaborative Transportation Management)
- The cost savings are substantial, the technology is readily available, but corporate culture remains a key hurdle. In the last few years, companies that are expanding the process internally and are conducting successful pilots with trading par The cost...
- Research articles 2001-09-15
- The value of Collaborative Transportation Management : its relationship to CPFR and Information Technology
- Abstract Of current importance to the fields of transportation, logistics, and supply chain management is the concept of Supply Chain Collaboration. One of the primary, processes associated with Supply Chain Collaboration is Collaborative Planning, Forecasting and Replenishment CPFR. However, a relatively new extension of CPFR can be found in...
- Research articles 2003-06-22
- Air Terminal Gifts Goes Live with Retail.net™ Inventory Management Software
- Inventory Optimization Tool Drives Improved Retail Forecasting and Replenishment SALT LAKE CITY -- Tomax Corporation is pleased to announce the go-live of Retail.net Demand Forecasting and Inventory Management at Air Terminal Gifts ATG, a 16-store specialty airport retail chain. Retail.net Inventory Management is a multi-echelon forecasting and replenishment...
- Research articles 2008-09-09
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