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Assignment Supply Chain Management

   

Added on  2020-05-04

5 Pages876 Words65 Views
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Running head: SUPPLY CHAIN OPERATION REFERENCE MODELSupply Chain Operation Reference ModelName of the StudentName of the UniversityAuthor’s Note
Assignment Supply Chain Management_1

1SUPPLY CHAIN OPERATION REFERENCE MODELSupply Chain Operations Reference Model (SCOR) is considered as a major tool for themanagement so that they can address and improve the various issues related to the supply chainmanagement of the business organizations in order to tale effective business decisions (Estampeet al., 2013). Thus, SCOR model gives the description of various business procedures in order tosatisfy the demands of the customers. This particular model assists the organizational managersin explaining different kinds of processes along with the aspects of organizational supply chainmanagement so that they can improve various business processes. The model of SCOR is shownbelow:Figure 1: Supply Chain Operations Reference Model (SCOR)(Source: Gopal & Thakkar, 2012)According to the above diagram, there are five steps in the SCOR model. They are Plan, Source,Make, Deliver and Return. These sources are discussed below:Plan: This first step includes the planning and management of demand and supply. In this step,organizational managers make balance between the organizational resources with supply chainrequirements and they determine the entire supply chain communication.
Assignment Supply Chain Management_2

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