New SCOR® 9.0 Release Includes Expanded Risk Management Capabilities and Addresses Sustainability Efforts

The Supply-Chain Council (SCC), a global not-for-profit standards organization, announced the release of version 9.0 of its Supply-Chain Operations Reference (SCOR®) Model.

This major update, formally launched this week at SCC’s Supply-Chain World Conference & Expo, includes expanded risk management capabilities, as well as new features to guide companies’ environmental sustainability efforts—the latter of which incorporate and expand the capabilities of GreenSCOR, formerly a standalone variation of the SCOR model.

Risk Management Now a Core Capability of SCOR

As enterprises’ operations have become increasingly global and complex, the potential risks to which companies are exposed have grown accordingly. SCOR 9.0 has a comprehensive set of risk calculation metrics covering all levels of the supply chain, which enables a company to more effectively balance risk impact and costs of risk mitigation with overall supply-chain management costs.

Building a “Green” Supply Chain

In addition to risk, environmental responsibility has grown steadily as a corporate concern for the past decade. To help organizations build a “greener” supply chain, and make it easier for companies to comply with governmental and other regulations, SCOR 9.0 has incorporated the capabilities of GreenSCOR, which include: industry best practices for making the supply chain more environmentally friendly; metrics to measure the effects of greening; and processes to address waste management.

Other Updates Include Expanded Metrics and Excel Format for Importing

In addition, the entire metrics section of the reference model has been updated to include metrics performance attributes; lists of the Metrics, Best Practices, and Inputs/Outputs will be available in Excel format for easy importing into individual and company-specific programs.

“Version 9.0 marks a significant evolution in the SCOR model,” said Sean Simmons, executive director and CEO of the Supply-Chain Council. “The major additions—expanded risk management and “green” capabilities—enable enterprises to address two of their most pressing operations challenges, while the updated metrics section gives companies stronger guidance for gauging the effectiveness of their supply chains. As a result, SCOR continues to be the standard upon which leading organizations base their critical initiatives for substantially improving supply chain performance.”

About Supply-Chain Council (SCC)

The Supply-Chain Council (SCC) is a global non-profit consortium whose methodology, diagnostic and benchmarking tools help nearly a thousand organizations make dramatic and rapid improvements in supply chain processes. SCC has established the supply chain world’s most widely accepted framework for evaluating and comparing supply chain activities and their performance. The framework—the SCOR® process reference model—lets companies quickly determine and compare the performance of supply chain and related operations within their company or against other companies. SCC continually advances its tools and educates sponsors about how companies are capitalizing on those tools. For information, visit www.supply-chain.org; call +1 202-962-0440; or e-mail info {at} supply-chain(.)org.

Contacts

For The Supply-Chain Council
Bernie Thiel, +1-216-902-8300
bthiel {at} bloomgroup(.)com