To be able to explain what the SCOR model is, an explanation on how this was created and from where it was established is beneficial. The organizations that have come together to promote this tool were once referred to as two separate associations, the Supply Chain Council (SCC) and APICS. Supply Chain Council, the originator of the SCOR model, and APICS merged in 2014 to deliver the best professional association in one “global provider of supply chain research, education, and certification programs.” (Supply Chain Council to Merge with APICS, 2014) Members of what is now referred to as APICS (post- merge), represent a wide variety of industries across the supply chain from manufactures to retailers of good as well as throughout the supply
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It is essential for an organization to re-evaluate the cause and effects of their operations. Companies strive to create the highest potential of wealth, while minimizing the amount of potential waste. Although it is very useful information to know about one’s own company’s successes and areas to improve, it is also important to know information about competing firms to strive to be the best of the best. The Supply Chain Operation Reference (SCOR) model “makes it possible for organizations to quickly determine and compare the performance of supply chain and related operations within their organization and against other organizations.” (SCC) This benefits supply chain consulting firms and supply chain departments of organizations to analyze their most effective work to continuously deliver the leanest process among their competitors and strategize on how they can improve. By analyzing the SCOR model, a company can make the necessary improvements to better their organization and eliminate waste while creating greater value. As detailed by the Supply Chain Council SCOR model overview, the “benefits of adopting the score model include clear identification of performance gaps, efficient supply chain network redesign and optimization, enhanced operational control from standard core process” to your organization along with many more benefits. …show more content…
” The planning stage outlines the activities for operating the supply chain such as acquiring customers, collecting information on resources, … and determining resource gaps.” “The source processes describe the ordering and receipt of goods and services.” The makes processes describe the activities that are manufactured. The deliver processes associate with the fulfillment of the orders to the customers and lastly, the return process describes the activities associated with the reverse flow of goods from the customer. (SCC) Each level can be broken done into smaller, simplified steps among each step of the supply chain from the warehouse to the wholesaler or distributer to the retailer to the customer’s hands. Each level gets the organization closer in the ability “to analyze in order to identify the root causes of any issue.” (SCC) This organization will allow management to realize what the key performance indicators are and the actions that can be implemented to grow. Based on my readings on APICS.org, besides the processes involved in supply chain, the metrics provided in SCOR framework include ”perfect order fulfillment, order fulfillment cycle time, …flexibility, …adaptability, … risk, … cash-to-cash cycle time, …return on working capital.” (APICS Supply Chain Council,
It is essential for an organization to re-evaluate the cause and effects of their operations. Companies strive to create the highest potential of wealth, while minimizing the amount of potential waste. Although it is very useful information to know about one’s own company’s successes and areas to improve, it is also important to know information about competing firms to strive to be the best of the best. The Supply Chain Operation Reference (SCOR) model “makes it possible for organizations to quickly determine and compare the performance of supply chain and related operations within their organization and against other organizations.” (SCC) This benefits supply chain consulting firms and supply chain departments of organizations to analyze their most effective work to continuously deliver the leanest process among their competitors and strategize on how they can improve. By analyzing the SCOR model, a company can make the necessary improvements to better their organization and eliminate waste while creating greater value. As detailed by the Supply Chain Council SCOR model overview, the “benefits of adopting the score model include clear identification of performance gaps, efficient supply chain network redesign and optimization, enhanced operational control from standard core process” to your organization along with many more benefits. …show more content…
” The planning stage outlines the activities for operating the supply chain such as acquiring customers, collecting information on resources, … and determining resource gaps.” “The source processes describe the ordering and receipt of goods and services.” The makes processes describe the activities that are manufactured. The deliver processes associate with the fulfillment of the orders to the customers and lastly, the return process describes the activities associated with the reverse flow of goods from the customer. (SCC) Each level can be broken done into smaller, simplified steps among each step of the supply chain from the warehouse to the wholesaler or distributer to the retailer to the customer’s hands. Each level gets the organization closer in the ability “to analyze in order to identify the root causes of any issue.” (SCC) This organization will allow management to realize what the key performance indicators are and the actions that can be implemented to grow. Based on my readings on APICS.org, besides the processes involved in supply chain, the metrics provided in SCOR framework include ”perfect order fulfillment, order fulfillment cycle time, …flexibility, …adaptability, … risk, … cash-to-cash cycle time, …return on working capital.” (APICS Supply Chain Council,