Supply Chain Collaboration: How to Implement CPFR and Other Best Collaborative Practices

Supply chain collaboration technology is a critical part in the actual execution of the collaborated decisions that have been made. Many companies have failed in the area of having the proper technology infrastructures and have minimized some of the potential benefits that a good technology architecture can offer. Although we have seen success with what we may define as "manual collaboration" efforts, the truth to the matter is that for us to take collaboration to scale as well as to much lower levels of detail, technology is necessary.
Supply chain collaboration technology requires certain components. Below are some examples of the technology that may be required for your collaborative efforts.
Forecasting
Statistical-based forecasting engines for sales and order forecasting
Causal-based forecasting contributions
Collaboration
Collaboration software that can compare two or more forecasts to each other to derive a single consensus-based forecast number
Allows for tolerances and alerts to be established as defined by the collaborative agreements and joint business plans
Provides for the adjustments to forecasts according to the collaborative agreements
Provides text-based communication linkage for trading partner collaboration to document reasons for forecast changes or adjustments
Generates the agreed to single forecast number
Business-to-business (B2B) communication or linkage
Electronic data interchange (EDI)
830 forecasts
852 sales actuals and inventory levels
Extended machine language (XML)
Internet-based B2B communication
VICS CPFR standard-based models
Replenishment
Automated replenishment systems used at the various levels of product consumption typically driven by forecasted days of supply and reorder point calculations as well...