Asked by Noelle Leipold on Jun 05, 2024

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Retailers of all sizes can explore CPFR as a strategic option,but in order to be scalable,________ is needed.

A) a process
B) labor
C) money
D) technology

CPFR

Collaborative Planning, Forecasting, and Replenishment is a business practice where supply chain partners share information and resources to better predict customer demand and adjust supply accordingly.

Scalable

The ability of a system, model, or business to handle growing amounts of work or to be readily enlarged to accommodate that growth.

  • Become familiar with the core elements imperative for prosperous collaborative planning, forecasting, and replenishment activities in supply chains.
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Verified Answer

DT
Daniel tarcaJun 08, 2024
Final Answer :
D
Explanation :
In order to be scalable, technology is needed to automate and streamline the collaboration process between retailers and their suppliers. This enables the efficient exchange of data and helps to reduce costs associated with manual data entry and analysis. Additionally, technology provides the necessary infrastructure to support real-time communication and decision-making, which is critical to the success of a CPFR program.