APICS Certified in Logistics, Transportation and Distribution CLTD Question # 20 Topic 3 Discussion
CLTD Exam Topic 3 Question 20 Discussion:
Question #: 20
Topic #: 3
A company is considering implementing collaborative planning, forecasting, and replenishment (CPFR). Which of the following statements best reflects one of the objectives of CPFR?
A.
It represents a sequence of business processes between consumers and retailers.
B.
It replaces traditional forecasting methods with a shared single forecast among trading partners.
C.
It represents a sequence of business processes within the manufacturing environment.
D.
It replaces traditional inventory management procedures with a vendor-managed inventory (VMI) system.
Chosen Answer:
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