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Supply Chain Partners
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INTEGRATING CPFR WITH OTHER TRADING EXCHANGE APPLICATIONS

 

No systems vendor possesses all of the technology required to con­struct a collaborative trading com­munity. The community must be assembled from a variety of solu­tions. Figure 4 shows how informa­tion flows between buyers and sellers, and among selected appli­cations in the community itself.

 

The procurement solution man­ages the product catalog, aggregates purchases, and enforces purchasing agreements. It is responsible for generating a purchase order at the end of the process. A B2B auction engine supports the procurement process when there are competing suppliers. The application automates the RFP/RFQ process, or facili­tates an auction (or reverse auction), collecting bids and identifying a winning bidder. The CPFR solution shares, compares, and alerts trading partners to changes in fore­casts or key supply chain metrics. The CPFR solution may also be responsible for generating demand forecasts and replenishment plans for the trading partners, depend­ing upon the relationship.

To Be Continued

For balance of this article, click on the below link:

Lean Manufacturing Articles and click on Series 13


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