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The Scor Model As An Effective Tool For Measuring Supply Chain Performance
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Book Synopsis The SCOR model as an effective tool for measuring Supply Chain Performance by :
Download or read book The SCOR model as an effective tool for measuring Supply Chain Performance written by and published by GRIN Verlag. This book was released on 2018-07-09 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2015 in the subject Business economics - Business Management, Corporate Governance, grade: 2,5, University of Applied Sciences Fulda, language: English, abstract: The main objective of this paper is to analyse the Supply Chain Operation Reference (SCOR) model as an effective instrument for measuring Supply Chain Performance. At the end a conclusion will be drawn based on the investigation carried out and a future perspective will be mentioned. The 21st Century has been characterized by drastic advances in product development and shorter product life cycles. The customer nowadays places a lot of emphasis on delivery times. Thus, rushing the right products to the end-user has been the main objective of most companies. More so, in order to maintain strategic advantages companies have to improve their prices in order to maintain their market shares. Supply Chain management is thus the strategic weapon needed by most global firms nowadays to stay on top of their game. Given that raw materials and the manufacturing processes take place at different locations and even continents. The coordination of information, materials and financial flow is therefore imperative in order for the smooth and swift flow of data and products to be ensured. Assessing and measuring the performance of processes along the entire supply chain is thus recommended. So that every Supply Chain partner in the SC-Network will benefit from the partnership. Therefore the question arises: Which instrument can be effectively used to measure the performance of a Supply Chain. Companies have to measure their Supply Chain Performance in order to have a clear sense of direction. By setting goals based on performance variables, measuring them and following them up. It is possible to create an improving business pattern that is in line with the company ́s strategic goals. Companies have to measure and assess the processes involved along their entire supply chain. By so doing they can improve their efficiency, share best practices and improve their overall supply chain performance. There are many instruments used for measuring supply chain performance. Nevertheless using the most effective of them will guarantee better results.
Book Synopsis Supply Chain Excellence by : Peter Bolstorff
Download or read book Supply Chain Excellence written by Peter Bolstorff and published by AMACOM/American Management Association. This book was released on 2012 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this latest edition of Supply Chain Excellence, the authors provide tools for measuring financial gains linked to value chain optimisation. (Business Digest, March 2012). To keep your sales, manufacturing, distribution, and inventory moving in perfect synchronization, you need a flawless, repeatable supply chain improvement approach that maximizes process efficiency, eliminates dysfunction, and aligns disparate organizations-globally.
Book Synopsis Supply Chain Management by : Ralf Hieber
Download or read book Supply Chain Management written by Ralf Hieber and published by vdf Hochschulverlag AG. This book was released on 2002 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply chain management is emerging as one of the most powerful logistics management concepts for improving performance across the entire logistics network. Companies that have already streamlined their internal business process are now working to realise further savings by improving the external business relationships within the more and more complex, linked value-adding business processes in logistics networks. Although the benefits of SCM are well-known in industry, until now companies have only put this concept into practice in a limited way. Therefore, the newly developed integral model of collaborative performance measurement in this book will make a contribution towards easing and supporting improvements in supply chain management as well as giving specific guidelines for its implementation. Furthermore, the author provides newly developed key performance indicators that enable the measurement of the performance of co-operation across the extended enterprise in a supply chain environment. Based on case studies, the integral model, in close connection to the SCOR model, was applied and has proven its applicability in industrial practice. This book presents a rich variety of concepts and methods for industrial engineers, business managers, engineers and consultants as well as success stories in supply chain management.
Book Synopsis Application of the SCOR Model in Supply Chain Management by :
Download or read book Application of the SCOR Model in Supply Chain Management written by and published by Cambria Press. This book was released on with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Supply Chain Performance Measurement by : Swetha Balakrishnan
Download or read book Supply Chain Performance Measurement written by Swetha Balakrishnan and published by . This book was released on 2010 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis SCOR - Supply Chain Operations Reference-Modell by : Dominic Schnoor
Download or read book SCOR - Supply Chain Operations Reference-Modell written by Dominic Schnoor and published by GRIN Verlag. This book was released on 2005-11-01 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studienarbeit aus dem Jahr 2005 im Fachbereich BWL - Industriebetriebslehre, Note: 1,3, Private Fachhochschule für Wirtschaft und Technik Vechta-Diepholz-Oldenburg; Abt. Vechta (Fachhochschule für Wirtschaft und Technik), Veranstaltung: IBL, Sprache: Deutsch, Abstract: The conditions for competition are changing dramatically today. Various new challenges for enterprises are the result. One way to cope with these new challenges is Supply Chain Management. But this method is not easy to establish, because complex, dynamic and opaque processes have to be understood, created and combined. Besides modern information and communication technologies, one needs most of all specialized tools to improve the supply chain performance. This paper deals with the most successful and well known of these tools, SCOR. The supply chain operations reference (SCOR) model is a strategic planning tool, which allows to simplify the complexity of supply chain management. Therefore it reduces the processes of the supply chain to the fundamental activities of Sourc, Make, Deliver and Return with an overarching Plan activity to coordinat the entire supply chain. I will begin with introducing SCOR, its intention and the areas where it can be used. After that, I will proceed with describing the structure and functions of the different levels of SCOR. Moreover, I will show how SCOR also includes standard metrics to measure process performance and benchmarking- methods, which offers transparency of processes and costs. After giving an overview of SCOR’s components, I will examine the advantages and disadvantages of SCOR. This paper is therefore aiming at providing a thorough overview of a much discussed tool to improve supply chains in business.
Book Synopsis Implementation of a logistics balanced scorecard by : Christian Biewald
Download or read book Implementation of a logistics balanced scorecard written by Christian Biewald and published by GRIN Verlag. This book was released on 2013-01-22 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2013 in the subject Business economics - Supply, Production, Logistics, grade: 1,0, University of Applied Sciences Kempten (Professional School of Business and Technology Kempten), course: Strategic Logistics Management, language: English, abstract: In future industry competition will be increasingly “supply chain vs. supply chain”, rather than “firm vs. firm”. So today, the efficient management of global supply chain networks already has the potential to create competitive advantages for companies. Nevertheless most industrial companies still focus on production efficiency, creating non-market oriented business solutions that disable fast adaption to changing customer requirements. In more and more saturated markets a technology-driven competitive advantage is often quickly compensated by low-cost countries. In contrast high service quality established by efficient logistics processes can hardly be adopted in short time. The ability of fast consumer response allows companies to create an added value the customer is willing to pay for. But empowering companies to offer this added value requires high management attention on logistics processes as well as a clear logistics strategy with defined objectives that meet the company’s abilities and the customer requirements. Several management tools like the Supply Chain Operations Reference (SCOR) model or the Balanced Scorecard provide a structured approach to realize competitive advantages in the management of supply chains. After a short theoretical survey of these tools, a suitable logistics balanced scorecard will be developed for the supply chain activities of Diehl Controls, an electronics manufacturer for home appliances. Based on the company’s logistics mission and vision statement, internal and external strategic objectives will be determined. In a further step, the controlling of these objectives will be ensured by creating suitable performance indicators. Finally the Diehl Controls logistics balanced scorecard will be introduced to the company’s organization. The term paper ends with a recommendation of future developments and enlargements of the balanced scorecard related to the company’s growth within the next years.
Download or read book X-SCM written by Lisa H Harrington and published by Routledge. This book was released on 2010-10-18 with total page 571 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply chain management today has never been more complex, more dynamic or more unpredictable. The good news is that new techniques for analyzing country-level investments, network configuration and in-sourcing/out-sourcing decisions can enable more precise and effective span of control. The latest generation of network design and optimization applications has created broader opportunities to view and streamline links between supply chain network nodes. New concepts in multi-channel demand signal capture -- and in pooling and data warehousing customer signals coming into the enterprise from retail stores, websites and call centers -- can bring the enterprise closer to the customer. Emergence of practices such as multi-channel supply management and virtualized cross-enterprise inventory pools are enabling rapid response to changes in demand, creating a level of "cyber-kanban" unimaginable a few years ago. Companies can now truly respond to the pull of the market rather than the push of supply. Companies are also using advanced Business Intelligence (BI) software to mine the demand signal repository and cull critical insights for action and response. Case in point: Wal-Mart’s response to Hurricane Katrina was based on insights gained from mining community consumption trends during previous hurricanes.
Book Synopsis Contemporary Issues and Research in Operations Management by : Gary Moynihan
Download or read book Contemporary Issues and Research in Operations Management written by Gary Moynihan and published by BoD – Books on Demand. This book was released on 2018-06-20 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operations management (OM) is the function concerned with the planning, design, implementation, and control of business operations in the production of goods and services. OM has expanded from its original factory-centric orientation to encompass the service industry and the respective, accompanying supply chains, with a broad, global range of applications, increasing reliance on quantitative analysis, and the development and the use of supporting computer-based information systems and technology. This book highlights some critical aspects and advances in the field of operations management. Topics covered include investigations in the area of sustainable supply chain management; the application of OM principles to the deployment of field laboratories to address epidemics; and novel approaches to applying operations management in response to increasingly diverse requirements, circumstances, and performance criteria.
Book Synopsis Supply Chain Performance Evaluation by : Farhad Hosseinzadeh Lotfi
Download or read book Supply Chain Performance Evaluation written by Farhad Hosseinzadeh Lotfi and published by Springer Nature. This book was released on 2023-05-02 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors of this book tried to make these experiences available to those interested, considering the experience of several years of training, research, and implementation of projects in the supply chain performance evaluation field. This book intends to identify the current performance and competitive position of that supply chain compared to other supply chains by presenting and reviewing the techniques and models for measuring the efficiency and performance of the supply chain. Determining the performance of a supply chain is a good description of the status quo (what is). Determining the performance of a supply chain is useful for describing the past and present of supply chain processes, and on the other hand, it can be used to set performance goals and initiate the improvement process. To realize this, a strategic framework or model is needed to be able to extract indicators related to the efficiency of the supply chain and design the appropriate model.
Book Synopsis The Supply Chain Operations Reference (SCOR) Model by : R.H. Thilakarathna
Download or read book The Supply Chain Operations Reference (SCOR) Model written by R.H. Thilakarathna and published by . This book was released on 2015 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Present day supply chains are inherently complex and involve multiple companies working simultaneously within a single function and rivalry is such that it's a competition not between companies but between supply chains. This ever growing complexity and increased involvement of multiple stakeholders in the supply chain pointed out the need for a universal framework for measuring performance and benchmarking, thus resulting in the Supply Chain Operations Reference (SCOR) Model. Globally significance of SCOR for benchmarking, performance measuring and business process re-engineering had been recognized long time back. In previous literature there are many instances where SCOR model had been useful in facing challenges such as constantly decreasing product life cycle and pressure to reduce time to market. In defining the scope of the study basically two dimensions of SCOR were considered: processes and performance attributes adapted from SCOR.A thorough systematic review of existing literature specifically focusing on the application of SCOR model for the apparel industry is being conducted. This study is based on the theoretical gap in the application of SCOR model in relation to apparel industry. Application aspect of SCOR model for improved performance of the apparel supply chain will be presented along further recommendations for apparel industry for improved competitiveness. This study could be used as a guidance to determine the applicability of SCOR model to other industries as well considering the characteristics of the specific industry.
Book Synopsis Supply Chain Performance, Collaboration and Stability Measurement by : Michael Seitz
Download or read book Supply Chain Performance, Collaboration and Stability Measurement written by Michael Seitz and published by VDM Publishing. This book was released on 2006 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies are competing in fast changing markets, characterised by high levels of variety and competition. Therefore they need two capabilities: the capability to understand their markets in terms of market drivers and market trends; and secondly the capability of a company and its supply chain to respond in a timely yet efficient manner. Managing such supply chains will be difficult without some degree of process integration and collaboration between supply chain partners. A first step is to know their own and that of their suppliers' performance capability. Michael Seitz's work was about constructing a performance measurement tool to identify the operational performance between adjacent members of a supply chain. The SCOR model was used as the basis of the Performance Measurement System. This was extended to include a Collaborative Index, an additional measurement which could assess the levels of supply chain integration and collaboration, and a Stability Index, which was developed to measure the robustness of the evaluated supply chain. This book is interesting for students and decision makers working in the area of supply chain who want to gain a deeper knowledge about measuring supply chain performance.
Book Synopsis Supply Chain and Logistics Management Made Easy by : Paul Myerson
Download or read book Supply Chain and Logistics Management Made Easy written by Paul Myerson and published by Pearson Education. This book was released on 2015 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This easy guide introduces the modern field of supply chain and logistics management, explains why it is central to business success, shows how its pieces fit together, and presents best practices you can use wherever you work. Myerson explains key concepts, tools, and applications in clear, simple language, with intuitive examples that make sense to any student or professional.
Book Synopsis SCOR Model Reference by : Supply Chain Council
Download or read book SCOR Model Reference written by Supply Chain Council and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Sustainable Supply Chain Management by : Evelin Krmac
Download or read book Sustainable Supply Chain Management written by Evelin Krmac and published by BoD – Books on Demand. This book was released on 2016-06-30 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is a collection of studies dedicated to different perspectives of three dimensions or pillars of the sustainability of supply chain and supply chain management - economic, environmental, and social - and other aspects related to performance evaluation, optimization, and modelling of and for sustainable supply chain management, and thus presents another valuable contribution to sustainable development and sustainable way of life.
Book Synopsis Financial Intelligence for Supply Chain Managers by : Steven J. Leon
Download or read book Financial Intelligence for Supply Chain Managers written by Steven J. Leon and published by FT Press. This book was released on 2015-11-17 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover how your supply chain and operations work impacts financial performance, and how to align your efforts to help your company succeed — the fastest, best way to supercharge your own career! As a supply chain or operations professional, you may clearly understand your operational performance goals. But if you want to get promoted, you need to know how your day-to-day work powerfully impacts the financial metrics your top executives care about most.
Book Synopsis The Practice of Supply Chain Management: Where Theory and Application Converge by : Terry P. Harrison
Download or read book The Practice of Supply Chain Management: Where Theory and Application Converge written by Terry P. Harrison and published by Springer Science & Business Media. This book was released on 2005-01-04 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: For over a decade, there has been an increasing interest in the use of supply chain methods to improve performance across the entire business enterprise. This text provides an overview of this important practice-research cycle.
