Source: ©ASCM/APICS, all rights reserved; http://www.apics.org/credentials-education/endorsements/scor-p
Motivation to use SCOR (part 1 of x): Performance Measurement / Management
Mini-series on “WHY use the Supply Chain Operations Reference (SCOR) model?”
Here, SCOR and our SCOR-Professional training focus on measuring and managing outcomes of supply chain process execution, providing
- standard supply chain PERFORMANCE METRICS, enabling for benchmarking
- links to business strategy
- links to supply chain processes
- a hierarchy of performance measurement
- differentiation of “key” performance indicators and… diagnostic indicators
- examples of application in real life
- definitions, calculations, pitfalls, tips and tricks
This section will help you and your team to get out of never ending “KPI” discussions, sharpen your target setting and how you monitor performance.
The SCOR model (© ASCM/APICS) was established to help companies unlocking potential to create value for their stakeholders. It remains a powerful tool and methodology for evaluating and comparing activities and performance of supply chains across industries; be they very simple or very complex. The model has been used around the Globe by hundreds of companies, with substantial gains.
And the best way to start? (caution: advertisement ahead!) Just spend three days to get trained from a trusted advisor and SCOR Master Instructor who has been on all sides of SCM over several decades. Our SCOR-Professional Trainings are either public (next starts in June 2020) or in-house and can be even customized to your company’s needs. Please contact Michael Ginap and feel free to book a call. I am convinced of the power of SCOR. Happy to share my passion with you.
I thank you in advance for reading further or even distribute this article! Please leave a comment or send me a DM. Let’s share views, and I look forward to discussing your experiences with SCOR!
Motivation to use SCOR (3 of x): Practices
Motivation to use SCOR (4 of x): People (skills)
Motivation to use SCOR (5 of x): Determining a powerful Improvement Program
…stay tuned for more.