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.
Inhaltsverzeichnis (Table of Contents)
- 1 Introduction
- 1.1 Initial Situation and Problem Statement
- 1.2 Core question and Objective
- 1.3 Structure and Methodology
- 2 Terms and definitions
- 2.1 Supply Chain Performance Measurement
- 2.2 Importance of performance measurement in the Supply chain
- 2.3 Characterization of different Supply Chain Performance Evaluation Models
- 3 SCOR as an effective reference model for the Supply Chain Management
- 3.1 Historical development, purpose and objectives of SCOR
- 3.2 Structure and levels of the SCOR model
- 3.3 Process Types
- 3.3.1 Plan
- 3.3.2 Source
- 3.3.3 Make
- 3.3.4 Deliver
- 3.3.5 Return
- 3.4 Process categories and characteristics
- 3.4.1 Planning
- 3.4.2 Execution
- 3.4.3 Enable
- 3.5 Key performance indicators in SCOR
- 3.6 Advantages and disadvantages of the SCOR Model
- 3.7 Strengths and weaknesses
- 3.8 Benchmarking of Supply Chain performance measurement systems
- 4 Practical application of the SCOR Model
- 4.1 Case Study of Evonik Industries
- 4.2 Typical results of the SCOR project implemented at Evonik Industries
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This bachelor thesis aims to evaluate the effectiveness of the SCOR model as a tool for measuring supply chain performance. It explores the model's structure, application, and benefits, using a case study to illustrate its practical implementation.
- Supply Chain Performance Measurement (SCPM)
- The SCOR Model's Structure and Functionality
- Key Performance Indicators (KPIs) within SCOR
- Advantages and Disadvantages of the SCOR Model
- Practical Application of SCOR through a Case Study
Zusammenfassung der Kapitel (Chapter Summaries)
1 Introduction: This introductory chapter sets the stage for the thesis by outlining the initial situation and problem statement concerning supply chain performance measurement. It defines the core research question and objectives, providing a roadmap for the subsequent chapters. The chapter also details the structure and methodology employed throughout the study.
2 Terms and definitions: This chapter establishes a clear understanding of key terminology used throughout the thesis. It defines supply chain performance measurement, emphasizing its importance in modern supply chain management. It also provides a characterization of different supply chain performance evaluation models, creating a context for the later in-depth examination of the SCOR model.
3 SCOR as an effective reference model for the Supply Chain Management: This core chapter delves into the SCOR model, tracing its historical development, purpose, and objectives. It provides a detailed explanation of the model's structure and levels, illustrating the various process types (Plan, Source, Make, Deliver, Return) and their interrelationships. The chapter also analyzes the process categories (Planning, Execution, Enable), key performance indicators (KPIs), and offers a critical assessment of the model's advantages, disadvantages, strengths, and weaknesses, comparing it to other benchmarking systems. The analysis includes a detailed description of the different levels and process types within the SCOR model, and the relationship between these elements and overall supply chain performance.
4 Practical application of the SCOR Model: This chapter presents a case study of Evonik Industries, illustrating the practical application of the SCOR model. It details the implementation process, focusing on the specific results and benefits achieved by Evonik. This section likely includes data analysis, demonstrating the effectiveness of the SCOR model in improving supply chain performance within a real-world context, showcasing how the theoretical framework of the preceding chapter translates to practical improvement.
Schlüsselwörter (Keywords)
Supply Chain Management (SCM), Supply Chain Performance Measurement (SCPM), SCOR model, Key Performance Indicators (KPIs), Benchmarking, Case Study, Evonik Industries, Supply Chain Optimization.
Frequently Asked Questions: A Comprehensive Language Preview
What is the main topic of this document?
This document is a comprehensive language preview of a bachelor thesis that evaluates the effectiveness of the SCOR model as a tool for measuring supply chain performance. It explores the model's structure, application, and benefits, using a case study of Evonik Industries to illustrate its practical implementation.
What are the key themes explored in the thesis?
The key themes include Supply Chain Performance Measurement (SCPM), the SCOR model's structure and functionality, Key Performance Indicators (KPIs) within SCOR, the advantages and disadvantages of the SCOR model, and the practical application of SCOR through a case study.
What is the structure of the thesis?
The thesis is structured into four chapters: Chapter 1 provides an introduction, outlining the problem statement, research question, and methodology. Chapter 2 defines key terms and concepts related to supply chain performance measurement. Chapter 3 delves into the SCOR model, explaining its structure, processes, KPIs, and advantages/disadvantages. Chapter 4 presents a case study of Evonik Industries to demonstrate the practical application of the SCOR model.
What is the SCOR model?
The SCOR (Supply-Chain Operations Reference) model is a framework for managing and improving supply chain performance. The thesis explores its structure, including process types (Plan, Source, Make, Deliver, Return), process categories (Planning, Execution, Enable), and key performance indicators (KPIs).
What are the advantages and disadvantages of the SCOR model discussed in the thesis?
The thesis provides a critical assessment of the SCOR model, weighing its advantages and disadvantages. Specific details regarding these are found within Chapter 3.
What is the case study about?
The case study focuses on Evonik Industries, illustrating how the SCOR model was implemented and the resulting improvements in supply chain performance. The chapter details the typical results of the SCOR project implemented at Evonik Industries.
What are the key takeaways from the case study?
The case study aims to demonstrate the practical effectiveness of the SCOR model in a real-world setting, showing how the theoretical framework translates into tangible improvements in supply chain performance at Evonik Industries.
What keywords are associated with this thesis?
Key words include: Supply Chain Management (SCM), Supply Chain Performance Measurement (SCPM), SCOR model, Key Performance Indicators (KPIs), Benchmarking, Case Study, Evonik Industries, Supply Chain Optimization.
What is the overall objective of the thesis?
The main objective is to evaluate the effectiveness of the SCOR model as a tool for measuring and improving supply chain performance.
Where can I find more detailed information about each chapter?
The document provides chapter summaries that offer a concise overview of the content of each chapter. The full thesis would provide a more in-depth exploration of each topic.
- Quote paper
- Anonym (Author), 2015, The SCOR model as an effective tool for measuring Supply Chain Performance, Munich, GRIN Verlag, https://www.grin.com/document/428727
