Supply-Chain Council Announces Publication of SCOR Version 5.0

    PITTSBURGH--Aug. 16, 2001--The Supply-Chain Council (SCC) Board of Directors today approved the release of its Supply-Chain Operations Reference-model (SCOR) in Version 5.0, now downloadable from the SCC web site for member organizations.
    Companies worldwide are using the SCOR process reference model to examine the configuration of their supply chains, identify and measure metrics, determine weak links, and achieve best practices in order to increase the efficiency of their operations. The Model is more than a tool for charting supply processes or activities. It is a business process reference model that links process description and definition with metrics, best practice, and technology. While remarkably simple, it has proven to be a powerful and robust tool set for describing, analyzing, and improving the supply chain.
    "Perhaps the most significant change in Version 4.0, now detailed in Version 5.0, was the inclusion of a new Level 1 Process element," said Scott Stephens, SCC Chief Technology Officer, "The addition of Return extended the scope of the Model into the area of post-delivery customer support."
    The scope of the SCOR Model includes all elements of demand satisfaction beginning with the initial signal of demand (the order or forecast) and ending with the final signal that demand has been satisfied (final invoice and payment). Unlike traditional logistics, the supply chain model is specific to a product or family of products.
    The framework of the model is based on process description. SCOR uses a "building block" approach based on five management processes to describe supply chains. This building block approach allows a supply chain description to be "assembled" across organizations, internal and external, across industry segments, and across geographies. Through the use of this approach, it is not only easy to model outsourced activities, it provides an invaluable tool for evaluating third party performance and determining the strategic/financial advantage of outsourcing supply chain activities.