What is the SCOR Supply Chain model? & How does the Supply Chain Operations Reference Model work? OBJECTIVES United Kingdom

What is the SCOR Supply Chain model? & How does the Supply Chain Operations Reference Model work? OBJECTIVES United Kingdom

HomeAIMS Education, UKWhat is the SCOR Supply Chain model? & How does the Supply Chain Operations Reference Model work? OBJECTIVES United Kingdom
What is the SCOR Supply Chain model? & How does the Supply Chain Operations Reference Model work? OBJECTIVES United Kingdom
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The Supply Chain Operations Reference Model or SCOR is a tool to help businesses understand and manage the flow of goods and services throughout the supply chain. It is a set of processes, activities and entities that constitute the company's supply chain. By integrating key elements such as planning, sourcing, production, transportation, inventory management and delivery, the model helps you identify potential problems and opportunities.
In this video, you will understand SCOR meaning, SCOR model definition and SCOR framework with the example of SCOR model. By understanding how products are manufactured and managed throughout their lifecycle, you can better predict supply chain risks and increase efficiency.
The video explains how your SCOR process can be used to develop consistent procurement quality practices across your organization. It is important to have a very robust model that includes all parts of the process. The basic structure of your model should be reviewed regularly. You should also make sure to regularly update your model to reflect new changes in your business environment (e.g. new product launches).

Free lecture on SCOR and for more lectures: https://aims.education/study-online/supply-chain-operations-reference-model-scor/

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Supply Chain Management Institute:
https://aims.education/supply-chain-academy/
Certified Procurement and Logistics Professional (CSLP)
https://aims.education/logistics-certification-courses/
Certified Supply Chain Expert (CSCE)
https://aims.education/supply-chain-management-certification-courses/
Master's Degree in Supply Chain Management (MDSCM)
https://aims.education/supply-chain-management-diploma/
Master in Supply Chain Management
https://aims.education/mba-supply-chain-management-degree/
PhD in Supply Chain Management
https://aims.education/phd-in-supply-chain-management/

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