APICS Exam CLTD Topic 7 Question 54 Discussion

Actual exam question for APICS's CLTD exam

Question #: 54
Topic #: 7

[All CLTD Questions]

A company is considering implementing collaborative planning, forecasting, and replenishment (CPFR). Which of the following statements best reflects one of the objectives of CPFR?

AIt represents a sequence of business processes between consumers and retailers.

BIt replaces traditional forecasting methods with a shared single forecast among trading partners.

CIt represents a sequence of business processes within the manufacturing environment.

DIt replaces traditional inventory management procedures with a vendor-managed inventory (VMI) system.

Show Suggested Answer

Suggested Answer: A

by Brittni at Jan 09, 2023, 08:34 AM

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Chauncey

2 days ago

I believe CPFR can also help in reducing lead times and improving overall supply chain visibility.

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Ria

5 days ago

I agree with Colene. Having a shared forecast can help improve accuracy and efficiency in planning.

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Colene

7 days ago

I think the objective of CPFR is to replace traditional forecasting methods with a shared single forecast among trading partners.

upvoted 0 times

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