In this paper, even though there exist various problems to be solved in SCM field, we focus on problems arising from demand- supply discrepancy and introduce the concept of CPFR (Collaboration Planning Forecasting and Replenishment) as one solution for outstanding problems. Furthermore, by presenting a real CPFR project case between the S Company and V Company, we try to help potential benefactors of CPFR in two aspects : 1) how to implement CPFR, and 2) what they can expect from CPFR.