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Sunday, December 17, 2006 |
Emory University and its Goizueta Business School publish the Knowledge@Emory Newsletter, and it is a link to a wealth of information. Here's a link for a free subscription. This month's articles include:
What's Behind America's Murky Economic Outlook?
With Tech & Electronics Sales Brisk, Will American Consumers Bring Holiday Joy to Retailers?
How Women Leaders at Niche Publications Carve Out Territory in the Competitive World of Magazine Publishing
Tech-Hungry Shoppers Help Decipher the Chicken-and-Egg Paradox in Consumer Electronics
What Happens When Two Economists Go Sleuthing In the Archives of The Coca-Cola Company?
Consultant Nikos Mourkogiannis on the Need for Discovery, Excellence, and Altruism in Corporate America
Pitney Bowes' Michael Critelli: Not Your 'Celebrity CEO'
7:00:44 PM
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This is interesting news for those of you implementing open standards. If you haven't heard of the SCOR model, it might be a good thing to study. The Supply-Chain Council (SCC), an international, not-for-profit trade association of companies from multiple industries and responsible for all development, maintenance, enhancement and distribution of the Supply-Chain Operations Reference (SCOR) Model, announced a new member benefit through an alliance with APQC, a global resource for best practices and benchmarking. With this new alliance, it is now easier for companies around the world to compare and contrast their supply chains using the same metrics.
Beginning in 2007, organizations implementing the SCOR Model will have access to a no-cost benchmarking portal on SCOR-Model metrics that provides them one resource to establish performance metrics directly tied to the SCOR model. The effort is supported by the Open Standards Benchmarking Collaborative, which was formed by APQC, IBM and dozens of other firms in support of open standards for performance metrics.
APQC will serve as a confidential, third-party repository for SCC members and will collect, validate and report benchmarking data, as well as provide analysis, insight and best practices information. Members will receive a benchmarking report that will align their performance improvement plans as they move through a SCOR implementation, begin a new Lean or Six Sigma project, or conduct annual assessments of company performance for trending.
Participating Supply-Chain Council members will be able to select the metrics most critical to their organizations, such as reliability, responsiveness, flexibility, and cost or asset management. Companies can ascertain what their target performance is in any given area, for example by charting time to market. The resulting report is a diagnostic assessment enabling an organization to quickly see the gap between where they are and where they seek to be. In addition, the report brings deeper insights by presenting results in an aggregate view, as well as along multiple dimensions such as by revenue, industry, geography or primary supply chain activity.
4:56:40 PM
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© Copyright 2007 Gary Mintchell.
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