Question

Select the choices that are not typical benefits gained from using the SCOR model?

(1). Less inventory
(2). Faster access to important customer information
(3). Slower cycle times
(4). Improved visibility of the supply chain

Answer 1

(3) Slower cycle times

Step-by-step explanation:

SCOR stands for supply chain operations reference model. The model aims at reducing wastage, creation of standards or benchmarks for efficient performance.

The model provides basis for process improvement. It states and defines all business activities necessary to satisfy customer demand.

The model works on the principle of planning source, making, delivering the products and prompt returns.

Thus, the model leads to lower level of inventory storage, reduces the cycle time i.e it makes it quicker, faster access to customer information and better identification of supply chain activities essential to fulfill customer demands.