Case Study
Case Study: BJ's Wholesale Club And Pharmavite Reap The Benefits Of A Collaborative Program For Increased Sales, Forecast Accuracy And Reduced Inventory
BJ's Wholesale and Pharmavite established a Collaborative Planning, Forecasting and Replenishment (CPFR) program to address key challenges, including the need to improve in-stocks, increase sales, enhance supply chain visibility, uncover gaps in the distribution process, improve on-time performance, ensure fill rates are maintained at a high level, decrease the percentage of demand forecast errors and streamline the introduction of new items.
Having seen tremendous supply chain results and ROI success with their CPFR program, BJ's and Pharmavite confirm that their trading relationship is stronger. Armed with better information, they are also able to work more efficiently and competitively with other trading partners.
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