The latest release of the Supply-Chain Council’s process reference model, SCOR 9.0, includes expanded risk management capabilities and new features to aid environmental sustainability.
Soltius Supply Chain Solution Manager Dr Peter Catt says that unexpected disruptions to an organisation’s supply chain have a significant cost in both lost revenue and service levels. Not only that, a publicly listed company’s share price can plummet by more than 15% as a result of a high profile supply chain event.
“To avoid these losses, an organisation can utilise the model’s calculation metrics to identify, quantify and mitigate the risks.”
The new version also includes capabilities from GreenSCOR, formerly a standalone model that enables organisations to minimise the environmental impact of their supply chain by reducing energy consumption and waste.
Go to our SCOR page to find out more about how Soltius can help your enterrpise to cut costs and increase profits with the Supply Chain Operation Reference model.