VICS-CPFR

CPFR retailer-supplier collaborative framework.

Definition

VICS CPFR 9 steps: (1) Front-End Agreement, (2) Joint Business Plan, (3) Develop Sales Forecast, (4) Identify Exceptions Sales Forecast, (5) Resolve Exceptions Sales Forecast, (6) Develop Order Forecast, (7) Identify Exceptions Order Forecast, (8) Resolve Exceptions Order Forecast, (9) Generate Order. EDI messages: 830 Planning Schedule, 850 Purchase Order, 855 Purchase Order Acknowledgement, 856 Advance Ship Notice. Historic adopters: Walmart, Procter & Gamble (first pilot 1996), Target, Sears, Kmart. VICS merged with GS1 US 2012, CPFR maintained by GS1 US Retail.

Origin

CPFR concept developed by Wal-Mart, Warner-Lambert (Listerine), Benchmarking Partners, Manugistics, SAP late 1995 ; pilot 1996 ; VICS framework publication 1998 ; merged with GS1 US 2012.

Example in context

Walmart and Procter & Gamble share weekly Tide Detergent forecasts via CPFR EDI 830 ; identification of gaps, joint resolution, smooth 850 order generation reduces stockouts 30%.

Related terms

• VICS — organisation.