SCOR DS:
Processes
Performance
People
Practices
Announcing the new SCOR Digital Standard (SCOR DS)
Announcing the new SCOR Digital Standard (SCOR DS)
The new SCOR DS features the biggest update to SCOR since inception and modernizes the framework to include sustainability standards and the digital body of knowledge. This version shifts thinking from a linear supply chain model to a more synchronous network. Developed by a diverse group of subject matter experts, SCOR DS also updates processes, metrics, skills and practices to ensure coverage across industries.
What is the SCOR model?
What is the SCOR model?
The SCOR model describes the business activities associated with all phases involved in satisfying customer demand. It has been used by thousands of public and private organizations around the world to assess and improve their supply chains, directly leading to improved operational performance. The updated SCOR model focuses on seven primary management processes: Orchestrate, Plan, Order, Source, Transform, Fulfill and Return.
Orchestrate
Orchestrate describes the activities associated with the integration and enablement of supply chain strategies. This includes business rules and enterprise business planning; human resources; network design and technology; data analytics; contracts and agreements; regulations and compliance; risk mitigation; environment, social, and governance initiatives; circular supply chain activities; performance management; and more.
Plan
Plan
Plan describes the activities associated with developing road maps to operate the supply chain. Planning is executed for the Order, Source, Transform, Fulfill and Return processes, including determining requirements.
Order
Order
Order describes the activities associated with the customer purchase of products and services, including attributes such as locations, payment methods, pricing, fulfillment status and any other order data.
Source
Source
Source describes the activities associated with procuring, ordering, scheduling the ordering, delivery, receipt, and transfer of products and services.
Transform
Transform
Transform describes the activities associated with the scheduling and creation of products, including production; assembly and disassembly; maintenance, repair and overhaul; and more.
Fulfill
Fulfill
Fulfill describes the activities associated with executing customer orders or services, including scheduling order delivery, picking, packing, shipping, installing, commissioning and invoicing.
Return
Return
Return describes the activities associated with the reverse flow of goods and services, as well as any service components from a customer through the network in order to diagnose condition, evaluate entitlement, disposition back into Transform or other circular activities.
The value of SCOR
The value of SCOR
- Operating income improvement
- Two-to-six times return on investment in the first year
- Improvement in return on assets for fixed-asset technology investments
- 30% faster digital transformation project implementations
- Reduction in information technology operating expenses through improved use of standard system functions
- Ongoing profit improvement of 0.5%-1% per year
How do organizations use SCOR?
How do organizations use SCOR?
The adoption of SCOR as the end-to-end process blueprint dramatically increases the use of standard system functionality and enables more targeted investments in digital capabilities. By combining elements of business process engineering, leading practices, benchmarking, people skills and a variety of metrics into a succinct framework, SCOR makes it possible to pinpoint core process areas that require optimization to further organizational goals.
Introduction to Supply Chain Management Using SCOR
Introduction to Supply Chain Management Using SCOR
- The purpose and structure of the Supply Chain Operations Reference Digital Standard (SCOR DS) framework.
- The importance of SCOR performance metrics.
- How to identify and organize the seven processes of the SCOR model.
- How SCOR practices can advance organizations and their supply chains.
- About the five stages of a SCOR-DS improvement program.