The SCOR model as an effective tool for measuring Supply Chain Performance

The SCOR model as an effective tool for measuring Supply Chain Performance

Author:

Publisher: GRIN Verlag

Published: 2018-07-09

Total Pages: 41

ISBN-13: 3668745099

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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.


Supply Chain Excellence

Supply Chain Excellence

Author: Peter Bolstorff

Publisher: AMACOM/American Management Association

Published: 2012

Total Pages: 305

ISBN-13: 081441771X

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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.


Contemporary Issues and Research in Operations Management

Contemporary Issues and Research in Operations Management

Author: Gary Moynihan

Publisher: BoD – Books on Demand

Published: 2018-06-20

Total Pages: 144

ISBN-13: 1789233100

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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.


X-SCM

X-SCM

Author: Lisa H Harrington

Publisher: Routledge

Published: 2010-10-18

Total Pages: 571

ISBN-13: 1136932712

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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.


Business Process Change

Business Process Change

Author: Paul Harmon

Publisher: Morgan Kaufmann

Published: 2014-04-26

Total Pages: 525

ISBN-13: 012800522X

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Business Process Change, 3rd Edition provides a balanced view of the field of business process change. Bestselling author Paul Harmon offers concepts, methods, cases for all aspects and phases of successful business process improvement. Updated and added for this edition is new material on the development of business models and business process architecture development, on integrating decision management models and business rules, on service processes and on dynamic case management, and on integrating various approaches in a broad business process management approach. New to this edition: - How to develop business models and business process architecture - How to integrate decision management models and business rules - New material on service processes and on dynamic case management - Learn to integrate various approaches in a broad business process management approach - Extensive revision and update addresses Business Process Management Systems, and the integration of process redesign and Six Sigma - Learn how all the different process elements fit together in this best first book on business process, now completely updated - Tailor the presented methodology, which is based on best practices, to your organization's specific needs - Understand the human aspects of process redesign - Benefit from all new detailed case studies showing how these methods are implemented


Supply Chain and Logistics Management Made Easy

Supply Chain and Logistics Management Made Easy

Author: Paul Myerson

Publisher: Pearson Education

Published: 2015

Total Pages: 353

ISBN-13: 0133993345

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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.


Sustainable Supply Chain Management

Sustainable Supply Chain Management

Author: Evelin Krmac

Publisher: BoD – Books on Demand

Published: 2016-06-30

Total Pages: 278

ISBN-13: 9535124331

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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.


Financial Intelligence for Supply Chain Managers

Financial Intelligence for Supply Chain Managers

Author: Steven J. Leon

Publisher: FT Press

Published: 2015-11-17

Total Pages: 359

ISBN-13: 0133838641

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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.


The Practice of Supply Chain Management: Where Theory and Application Converge

The Practice of Supply Chain Management: Where Theory and Application Converge

Author: Terry P. Harrison

Publisher: Springer Science & Business Media

Published: 2006-04-11

Total Pages: 359

ISBN-13: 0387272755

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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. Numerous industries have recognized the importance of efficient supply chain integration, and, as a result, supply chain management has become a standard part of business practice. The Practice of Supply Chain Management: Where Theory and Application Converge is a must-have volume for users of supply chain management methods, supply chain management researchers, and students in supply chain management. The objective of the book is to provide an overview of this important practice-research cycle, and it is organized into three sections: Core Concepts and Practices; Emerging Supply Chain Practices; and Supply Chain in Action. The focus of the book is on supply chain practice, but supply chain practice that has been heavily influenced by supply chain research. It is this synergy between research and practice that continues to simulate new directions for research.