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The intricate complexity of today’s supply chains is staggering. Businesses are faced with managing supply chain activities not only across channel boundaries (retailers, distributors, manufacturers and third parties), but also across functional, cultural and personnel boundaries. In an effort to reduce costs, increase efficiencies and obtain a competitive advantage, businesses are being forced to rethink, re-engineer and redefine supply chain relationships and models. To meet these challenges, industry guidelines have been established to define business practices and technologies necessary to establish collaborative relationships between trading partners across the supply chain. This article explores the evolving strategic emphasis on trading partner relationships and new paradigms in supply chain planning -- Collaborative Planning, Forecasting, & Replenishment (CPFR) and an emerging category of business software, Between Ware -- that must be adopted if businesses are to remain competitive.
Richard J. Sherman (Thu,) studied this question.