You Work for an Auto Parts Manufacturer

question 5

Essay

You work for an auto parts manufacturer.Your manager has heard about CPFR (Collaborative Planning,Forecasting,and Replenishment)and requested you investigate the possibility of implementing CPFR in the near future.As part of your report you would need to address the following:
a.Define CPFR?
b.The Voluntary Interindustry Commerce Standards (VICS)Association has published a report outlining a model for CPFR implementation.What are the 8 collaborative tasks included in the VICS model? Is this a good model to follow?
c.What are the performance metrics that can be used to measure success of the CPFR implementation?
d.What are the key challenges of CPFR implementation?

---

Definitions:

Insoluble

A characteristic of a substance that cannot dissolve effectively in a particular solvent.

Silver Acetate

A chemical compound with the formula AgC2H3O2, used in plating and as a photographic agent.

NaCl

Sodium chloride, commonly known as table salt, an ionic compound consisting of sodium and chloride ions.

AgCl

Silver chloride, a white crystalline solid that is photosensitive and less soluble in water.