Question

. The SCOR-model can be used for supplier evaluation. Explain how. What else can the SCOR-model be used for in term of purchasing?

Answer 1

The supply chain operations reference (SCOR) model is designed to help maintain these processes and to evaluate them for effectiveness and efficiency. SCM is complex, but the SCOR model is intended to help standardize the process and create a measurable way to track results. It’s meant to work across industries using common definitions that can apply to any supply chain process. Using the SCOR model, businesses can judge how advanced or mature a supply chain process is and how well it aligns with business goals.

As a framework, SCOR focuses on all customer interactions between the moment an order is placed until the invoice is paid. That includes all material and services needed to complete transactions, including supplies, parts, software and equipment. Market interactions are also considered a part of the model, since they help establish demand.

The processes defined in the SCOR framework are provided as examples of what commonly takes place in supply chain management. Your business might find it has different priorities and that some steps are redundant or irrelevant to your business goals. But most businesses should find it useful to organize the supply chain — the framework uses standardized and common definitions so it can be adapted for simple or complex supply chains across any industry.