CPFR with Best Buy:
A dynamic and collaborative platform to unite retailers with their suppliers, making demand forecasting and stock replenishment fast and effective.
Collaborative Planning, Forecasting and Replenishment (CPFR), aims to improve the partnerships between Best Buy and suppliers through joint business planning and consumer demand forecasting. The solution gives suppliers visibility into Best Buy's data and, therefore, decision making is aligned between Best Buy and the suppliers, based on the same information.
Partnership with Neogrid
Neogrid is an official partner of Best Buy and provides this solution that enables a collaborative environment and exchange of information in a simple yet fast way.
With Best Buy's daily inventory, sales and forecast data points, we work to turn it into critical decision-making insights and metrics, and in just a few clicks you have everything you need to execute your demand planning in the best way possible.
“Neogrid’s CPFR reporting is an amazing solution for our business. The reporting of daily retail sales, inventory, and constraints allows our teams to forecast and plan our business far in advance. I highly recommend their solutions.”
Marc Lamb
Vice President of Sales at GP USA - KEF America
What can the CPFR offer you?
✔ Improve your supplier service level with Best Buy by analyzing sales trends and inventory levels ensuring Best Buy never runs out of your products and avoiding lost sales.
✔ Reduce inventory turnover optimization through joint sales planning and consumer demand forecasts.
✔ Create a collaborative and consistent environment where information is exchanged in a fast and simple way.
✔ Enabling you to align your production and fulfillment processes to meet Best Buy sales demand.
Full version benefits:
✔ Online Tool. View and export data any day, anywhere.
✔ Additional data exclusive to the Full version
✔ Customize view right in the tool
✔ Accelerate your collaboration with unique functionality (POS forecasts and commit information).
Complete CPFR levels, data and benefits
CPFR level
Express
Best for
Companies that need a basic snapshot with forecast information. It’s a good way to test the waters before upgrading.
Benefits:
✔ Daily Excel report update via Email
Components
✔ Constrained Forecast
✔ Unconstrained Forecast
✔ Total Receipt Forecast
✔ Total Available On Hand
Dates & Time Intervals
26 weeks in the future
xxx
CPFR level
Super Express
Best for
Companies that need all of the Express components plus a daily coverage of actual sales, both from online and any brick & mortar stores.
Benefits:
✔ Daily Excel report update via Email
Components
✔ All of the Express components, plus Actual, Brick and Mortar and Dot-Com Sales
✔ Customer Availability
✔ Actual Sales
✔ Demand Fill
✔ Total Available Store and DC On-Hand
Dates & Time Intervals
26 weeks in the future
26 weeks in the future components week + 4 weeks in past for sales
CPFR level
FULL | Online Platform
Best for
Companies that need to drive decision making by analyzing sales trends and inventory levels with accuracy, getting updated and historical information in a quick and consistent way.
Benefits:
✔ Access from anywhere through the online Platform
✔ Additional Data points and personalized reporting to improve your forecast analysis
✔ Drive collaboration between Vendor and Supplier
✔ Integrate with your ERP or internal system
Components
Complete 36 components report:
✔ All of the express + super express, plus
✔ Current week sales
✔ Open Box Inventory
✔ Supplier POS Forecast
✔ Vendor Commit
And many more
Dates & Time Intervals
Up to 2 years of historical data + 26 weeks in the future
26 weeks in the future components week + 4 weeks in past for sales
CPFR subscription prices and terms
✔ Pricing is based on the total number of supplier SKUs (B&M and dot-com) at the CPFR level requested for a specified subscription period;
✔ One-year subscription terms are available.
* Prices listed and subscription terms are between Neogrid and the suppliers.
1 Year Subscription
SKUs
1 - 5 SKUs
6 - 100 SKUs
100+ SKUs
Express
$ 2,000
$ 4,000
-
Super Express
$ 6,000
$ 8,000
-
Full
$ 8,000
$ 10,000
$ 12,500
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