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ch5_scm_3 - 3.4 Collaboration in Supply Chain...

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3.4 Collaboration in Supply Chain Plan (visibility, simulation, optimization) Source (short lead times, flexibility) Make (production visibility, rapid problem solving) Deliver (automated supplier-managed inventory replenishment, global visibility) Collaborative Product Design Collaborative Transportation Management Among seller, buyer, and carrier Participants sharing key demand and supply information , assets (e.g. trucks, warehouses) where feasible, ideas and capabilities to improve performance of overall transport planning and execution 41
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Collaborative Planning, Forecasting and Replenishment (CPFR) ___________________________________ (VMI) Buyer of a product provides certain information to a supplier (vendor) of that product. The supplier takes full responsibility for maintaining an agreed inventory of the material, usually at the buyer's consumption location (usually a store). Risk sharing If inventory not sold, (1) supplier (vendor) will repurchase the product from the buyer (retailer); or (2) retailer possesses the product but not own it, only houses (and assists the sale of) the product in exchange for predetermined commission / profit 42 E.g. Retailer Å ---------- Æ Manufacturer
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