Supply chain operations reference model (SCOR) is a management tool to optimize supply chain decisions such as communicating or addressing issues between an enterprise and its suppliers and customers. The ultimate aim of SCOR is to satisfy customer demands.
SCOR provides a basis for improving the supply chain processes. The Supply Chain Council developed the SCOR model with help of leading global manufacturing companies. The SCOR model was designed to aid strategic decision-making for supply chains. Companies benefit from the model through its framework, which focuses on five area within the supply chain – plan, source, make, deliver and return – to identify issues and create a roadmap to address the challenges.
Explore more about GEP’s supply chain solutions.
GEP SMART is an AI-powered, cloud-native source-to-pay platform for direct and indirect procurement. GEP SMART offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.
GEP NEXXE is a uniﬁed and comprehensive supply chain platform that provides end-to-end planning, visibility, execution and collaboration capabilities for today’s complex, global supply chains. Built on a foundation of data, artiﬁcial intelligence and cognitive technologies, GEP NEXXE helps enterprises digitally transform their supply chains and turn them into a competitive advantage.