What is an Open Standards model and why is it important for SCOR?
SCOR serves as a prime example of an open standards reference model where all organizations agree upon a common approach and model to discuss a process topic. In a similar vein, APQC discovered the reason that processes are not adequately measured is because organizations lack a standardized “language” or set of definitions and metrics for processes. This foundation led to an alliance with SCC to provide its members with access to one common database of metrics that are directly tied to the SCOR Model’s view of how to organize and manage a supply chain for competitive success. The value of an open standards approach lies in the ability for organizations to focus on change and results rather than structure or definitions. This common approach enables benchmarking across industries, geographies or types of supply chains.
