The SCOR model is a framework that defines the key business activities required to satisfy a customer. It explains the processes involved in the supply chain, provides a basis for improving them, and is the most promising model for strategic supply chain decision making. The SCOR methodology involves reviewing strategies, defining supply chain processes, comparing performance to benchmarks, establishing goals and priorities, and redesigning the supply chain as needed. Benefits of the SCOR model include helping analyze and improve the supply chain, enabling benchmarking, providing methods to improve processes, detailing metrics to measure performance, and establishing a common language.
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Scor Model: Unaiza Masroor-24341
The SCOR model is a framework that defines the key business activities required to satisfy a customer. It explains the processes involved in the supply chain, provides a basis for improving them, and is the most promising model for strategic supply chain decision making. The SCOR methodology involves reviewing strategies, defining supply chain processes, comparing performance to benchmarks, establishing goals and priorities, and redesigning the supply chain as needed. Benefits of the SCOR model include helping analyze and improve the supply chain, enabling benchmarking, providing methods to improve processes, detailing metrics to measure performance, and establishing a common language.
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SCOR MODEL
Unaiza Masroor- 24341
SCOR stands for Supply-Chain Operations Reference. It includes business activities associated with satisfying a customer. SCOR has developed a set of metrics for supply chain performance. It is interactive and interlinked. SCOR MODEL AND SUPPLY CHAIN
Explains the processes involved in supply
chain Provides basis for how to improve them Most promising model for supply chain strategic decision making PHASES IN SCOR METHEDOLOGY
Review the strategies
Define the supply chain processes Compare the existing supply chain performance with benchmark Establishment of supply chain goals, strategies and priorities Redesign the supply chain as needed BENEFITS OF SCOR MODEL
Helps a company to analyze and improve its supply chain
Enables supply chain performance and practice benchmarking Provides approaches and methods to improve supply chain processes Provides detailed supply chain metrics to measure supply chain performance Provides a common language for changing any processes THANKYOU!