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Supply Chain Operations Reference (SCOR) Model
Initially developed in 1996 by management consulting firm Pitiglio, Rabin, Todd, and McGrath (PRTM), the Supply Chain Operations Reference (SCOR) model gained endorsement from the Supply-Chain Council, part of the Association for Supply Chain Management (ASCM), and underwent evaluations by industry leaders like Intel, IBM, Rockwell Semiconductor, and Procter & Gamble. The latest iteration, SCOR 12.0, was introduced in 2017 by ASCM, covering topics such as omnichannel, metadata, and blockchain.
The SCOR model provides a standardized approach to understanding and improving supply chain processes across industries, and serves as a comprehensive framework for effective analysis, design, and management of supply chain operations.
Hereunder are the key components of the SCOR model:
1. Core Processes:
The SCOR model outlines six core processes encompassing all aspects of supply chain management. These processes are further divided into specific activities and metrics to facilitate analysis and improvement.
- Plan: This process involves creating a strategy for the supply chain, including forecasting demand, determining production schedules, and optimizing inventory levels to meet customer requirements efficiently.