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Why should I care about benchmarking and the SCORmark service?

benchmarking scormark service
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Why should I care about benchmarking and the SCORmark service?

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To make timely, well-informed decisions organizations must have a window into the operational health of their business. Effective benchmarking is necessary for organizations to proactively monitor trends and gain early warning of any constraints or excesses in the real-time supply chain. To support SCOR implementations it is critical for an organization to not only identify its metrics but more importantly to be able compare with other organizations to understand and give meaning to their performance in a given area. The resulting reports help an organization set the direction to develop its supply chain strategy. The SCORmark service was developed specifically to support organizations implementing the SCOR model with the metrics, language, and reporting designed to seamlessly integrate into the SCOR model. It is being offered as a new member-benefit in support of supply chain benchmarking and to establish an open standard for performance measurement.

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