SCOR Model in Supply Chain Management
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SCOR Model in Supply Chain Management

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Questions and Answers

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?

  • 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?

  • 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.

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