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

Author :

Publisher : GRIN Verlag

Page : 41 pages

File Size : 14,79 MB

Release : 2018-07-09

Category : Business & Economics

ISBN : 3668745099

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Book Description

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

Author : Peter Bolstorff

Publisher : AMACOM/American Management Association

Page : 305 pages

File Size : 44,50 MB

Release : 2012

Category : Business & Economics

ISBN : 081441771X

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Book Description

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.





Supply Chain Management

Author : Ralf Hieber

Publisher : vdf Hochschulverlag AG

Page : 184 pages

File Size : 21,80 MB

Release : 2002

Category : Business & Economics

ISBN : 9783728128324

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Book Description

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.



Supply Chain Performance Measurement & E-Business Supply Chain Management: Including a Practical Excursus on the Intel Case

Author : Swen Beyer

Publisher : GRIN Verlag

Page : 36 pages

File Size : 35,25 MB

Release : 2010-07-07

Category : Business & Economics

ISBN : 3640657225

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Book Description

Research Paper (undergraduate) from the year 2010 in the subject Business economics - Supply, Production, Logistics, grade: 1,2, European School of Business Reutlingen (Business Adminstration), language: English, abstract: The environmental surroundings of most companies have changed radically in recent years. Especially the competitive pressure has risen substantially over the past decades, fuelled by an increased globalization of markets and supply chains. In order to continuously satisfy consumer needs in a timely manner, organizations have to focus on performance and efficiency improvement measures. In terms of supply chain management, performance includes the three dimensions efficiency, effectiveness and flexibility which have to be dealt with on an equal basis. One mean to improve supply chain performance is the linkage between various IT applications involved in the whole supply chain. These efforts and trends are treated under the term electronic supply chain management (E-SCM). There are three major critical success factors for the successful operation of an electronic supply chain. These can be clustered into decision motivation (e.g. a shared vision and a strong motivation), implementation process (e.g. the tight integration of inter-organizational information systems and the re-engineering of inter-organizational business processes) and infrastructure conditions (e.g. agreement upon a shared industry standard). There are numerous benefits of an E-SCM implementation such as increased communication speed and decreased cost in terms of communication, inventory and customer service. Furthermore, E-SCM allows mitigating the bullwhip effect by improv-ing the availability of information throughout the entire supply chain. In addition E-SCM allows organizations to implement an entirely pull-based approach. One downside of E-SCM is the need to make a company’s entire business processes transparent, also towards supply chain partners who might be engaged with competitors. A further danger of E-SCM is to over-rely on speed rather than on flexibility.



Contemporary Issues and Research in Operations Management

Author : Gary Moynihan

Publisher : BoD – Books on Demand

Page : 144 pages

File Size : 16,82 MB

Release : 2018-06-20

Category : Business & Economics

ISBN : 1789233100

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Book Description

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.



SCOR - Supply Chain Operations Reference-Modell

Author : Dominic Schnoor

Publisher : GRIN Verlag

Page : 27 pages

File Size : 25,50 MB

Release : 2005-11-01

Category : Business & Economics

ISBN : 3638434249

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Book Description

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.



X-SCM

Author : Lisa H Harrington

Publisher : Routledge

Page : 571 pages

File Size : 13,59 MB

Release : 2010-10-18

Category : Business & Economics

ISBN : 1136932712

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Book Description

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.



Implementation of a logistics balanced scorecard

Author : Christian Biewald

Publisher : GRIN Verlag

Page : 23 pages

File Size : 37,71 MB

Release : 2013-01-22

Category : Business & Economics

ISBN : 3656356394

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Book Description

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.



The Supply Chain Operations Reference (SCOR) Model

Author : R.H. Thilakarathna

Publisher :

Page : 25 pages

File Size : 28,87 MB

Release : 2015

Category :

ISBN :

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Book Description

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.