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Questions and Answers
What is the SCOR model used for?
What is the SCOR model used for?
- To improve supply chain management decision-making (correct)
- To explain the processes along the entire supply chain
- To evaluate and compare supply chain activities
- To make dramatic and rapid improvements in supply chain processes
What is the product of the Supply-Chain Council?
What is the product of the Supply-Chain Council?
- The SCOR model
- Diagnostic and benchmarking tools (correct)
- A management tool
- Dramatic and rapid improvements in supply chain processes
How can the SCOR model be used?
How can the SCOR model be used?
- To evaluate and compare supply chain activities and performance (correct)
- To improve supply chain management decision-making
- To explain the processes along the entire supply chain
- To make dramatic and rapid improvements in supply chain processes
Study Notes
- The SCOR model is a management tool used to improve supply chain management decision-making within a company.
- The SCOR model helps to explain the processes along the entire supply chain and provides a basis for how to improve those processes.
- SCOR is the product of the Supply-Chain Council, whose methodology, diagnostic and benchmarking tools help organizations make dramatic and rapid improvements in supply chain processes.
- The SCOR model is also used to evaluate and compare supply chain activities and performance.
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Description
Learn about the SCOR model, a management tool developed by the Supply-Chain Council to improve supply chain decision-making and performance. Understand how it explains supply chain processes, helps in process improvement, and evaluates supply chain activities.
