<u>Collaborative planning, forecasting, and replenishment (CPFR)</u> e-business model is used by Walmart & Pepsi companies through their supply chain management process.
Supply chain management is the practice of integrating supply and demand management across all of the many participants and channels in the supply chain so that they cooperate as effectively and efficiently as possible. Three main advantages of effective supply chain management for a business.
For any firm, supply chain management is essential because doing it properly can have a number of positive effects; on the other hand, doing it poorly can lead to highly costly delays, quality problems, or reputational damage. If vendors or processes are not compliant, inadequate supply chain management may occasionally result in legal problems as well.
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