“The are only two types of forecasts: lucky and wrong”

The Supply Chain Council is preparing the release of the next revision of SCOR: 9.0. We have the answer on the question “what is new in SCOR 9.0?”

Supply Chain Risk Management.  
Green Supply Chain Management (a.k.a. ‘GreenSCOR’).
Metrics codification 
And a reorganized SCOR reference book. 

The release date of SCOR 9.0 has not been disclosed yet.

We are in the process of defining the scorecard for our supply chains. We have selected about 16 metrics that we want to track. It is not clear to us how we use the performance attributes. We can measure the metrics, but not the attributes? –Bill 

Recently I’ve been teaching benchmarking in large BPM networks where I repeatedly encounter a couple of significant mistakes, and I thought this article presented an excellent opportunity to discuss them. There are six basic steps in benchmarking: identify sets of process networks, select the important networks and prioritize them, choose a BPM strategy, set a […]

In March this year the Supply-Chain Council (SCC) announced SCORmark, a benchmarking portal for supply-chain metrics. SCORmark is available to SCC-members and currently consists of level 1 and level 2 SCOR metrics. 
” The SCORmark product was built to improve the business value of the Supply-Chain Council membership. It supports and integrates seamlessly into the […]

My company is considering adopting SCOR. We looked at the metrics and see that they are very similar to what we already measure. We would like to know how we are doing today, compared to others. Where can I find benchmarking data for SCOR metrics and how reliable is it? — Lynn 

I’ve recently been discussing with teams how to generate a high-level Service Oriented Architecture (SOA) using standard frameworks (SCOR® and its family), and I frequently mention “… and then you optimize the architecture depending on your company’s strategic objectives. You can look at how the architecture performs according to your key metrics, and coordinate them […]

“None of these metrics would keep me awake at night or would cause heavy discussion on accuracy and validity of the metric. That was reserved for one metric: “Predictability”. Predictability was our #1 metric for customer satisfaction. It also had all the characteristics of a badly chosen metric..”

I have a certain fondness for reading about mathematics. One topic that I find especially interesting concerns the “great unsolved problems” in mathematics. A good example is Fermat’s Last Theorem. Fermat conjectured that there are no whole-number solutions for the equation aⁿ + bⁿ = cⁿ, where a, b, c, and n are all integers.[1] I don’t lay […]