Asked by callie torres on Apr 24, 2024
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Another metric classification scheme that has been receiving increased attention is that developed by the Supply Chain Council and contained in the Supply Chain Operations and Reference (SCOR) model.
Metric Classification
The process of categorizing metrics based on their attributes or purposes, such as performance metrics, financial metrics, or operational metrics.
Supply Chain Council
An organization focused on improving supply chain efficiency and effectiveness through the development and promotion of best practices and standards.
SCOR Model
A framework developed by the Supply Chain Council that describes the business activities associated with satisfying a customer's demand, which include plan, source, make, deliver, return, and enable.
- Acquire knowledge of the concepts supporting present-day strategies in logistics management and important performance measurement ideas, encompassing metrics, total cost consideration, and the Supply Chain Operations Reference (SCOR) model.
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Learning Objectives
- Acquire knowledge of the concepts supporting present-day strategies in logistics management and important performance measurement ideas, encompassing metrics, total cost consideration, and the Supply Chain Operations Reference (SCOR) model.
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