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Collaborative planning, forecasting and replenishment
(CPFR) addresses the key business problem of uncertainty--uncertainty
about the precise outcomes of particular economic events—increasing
the advertising, changing a retail price, opening a
nearby store, and most importantly, the reaction of
the fickle consumer to any of these events at a particular
time and place. Uncertainty leads to a variety of hedging
strategies, most often excess inventory. CPFR between
distributors and trading partners promises increased
turns, reduced inventory, higher sales, fewer stock
outs and better sell through of products.
At Wipro, we understand that despite the clear competitive
advantages of CPFR, many customers remain apprehensive
due to unique challenges faced in collaborating with trading
partners such as
 |
CPFR
puts customers at risks as it gives away the secrets
to the partners |
|
Need to commit to
a new technological solution and not sure if it
is worth the investment |
Wipro’s distribution experts help you to build
IT solutions for collaborative projects as small pilots
and roll out on a broader basis once the concept is
proven.
Collaborative demand planning between trading partners
greatly reduces the gap between supply and demand. We
have expertise and experience in the various process
and software tools to synchronize diverse data and facilitate
the exchange of data between trading partners.
Wipro’s center of excellence specializes in assisting
distributors through the various steps of planning and
execution of CPFR steps such as
|
Create
Front end agreement with Suppliers |
|
Joint business plan
with suppliers |
|
Sales forecast collaboration |
|
Order forecast collaboration |
|
Order generation/delivery
execution |
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