PRO Group and Panasonic Announce Strategic Supply Chain Initiative
PRO Group, a consortium of prominent American retailers and Panasonic Corporation of North America have developed and deployed a strategic supply chain process, which allows the current members of PRO Group to collaboratively plan their business needs through a customized software interface with Panasonic’s Collaborative Planning, Forecasting, and Replenishment (CPFR) system. This system benefits the retailer and manufacturer by creating a vehicle that provides timely point of sales data, allowing Panasonic to get closer to the market, react more quickly and respond to changing market conditions and shift allocations where necessary.
Source: PRNewswire. Read full story.