Review-the-SCOR-and-Balanced-Scorecard-Models-management-homework-help
Introduction
“If you don’t measure it, you can’t manage it.†This well-known adage has been around for decades and has been attributed to many people, including Edwards Deming and Peter Drucker. I think you would agree that the wisdom in these words can be attributed to some plain, old common sense. That is, how would you know what success looks like if you haven’t defined it? Or, how can you find improvement opportunities if you have no idea how well you are doing?
In this discussion, you’ll compare two commonly used performance measurement tools that are instrumental in addressing this critical aspect of supply chain management.
Instructions
For this discussion, compose your response to the following questions
- Review the SCOR and Balanced Scorecard Models:
- Respond to the discussion questions:
-
- What are some of the challenges involved with measuring supply chain performance?
- Compare and contrast the strengths and weaknesses of the two models.
Introduction
“If you don’t measure it, you can’t manage it.†This well-known adage has been around for decades and has been attributed to many people, including Edwards Deming and Peter Drucker. I think you would agree that the wisdom in these words can be attributed to some plain, old common sense. That is, how would you know what success looks like if you haven’t defined it? Or, how can you find improvement opportunities if you have no idea how well you are doing?
In this discussion, you’ll compare two commonly used performance measurement tools that are instrumental in addressing this critical aspect of supply chain management.
Instructions
For this discussion, compose your response to the following questions and post as one initial response to the discussion forum, “If you don’t measure it, you can’t manage it.â€
- Review the SCOR and Balanced Scorecard Models:
-
- SCOR-Overview [PDF File Size 2.4MB] Retrieved from http://supply-chain.org/f/SCOR-Overview-Web.pdf
- Balanced Scorecard Retrieved from http://balancedscorecard.org/BSCResources/Aboutthe…
- Respond to the discussion questions:
-
- What are some of the challenges involved with measuring supply chain performance?
- Compare and contrast the strengths and weaknesses of the two models.