The Great Supply Chain Disruption rages on, and the question on everyone’s minds is: How long can it possibly last?
Industries across the globe are struggling with major shipping interruptions, spot shortages of all kinds of products, soaring materials costs and an intense labor crisis. Now, as the largest association for supply chain professionals, ASCM is proud to do our part to overcome these challenges. Starting this month, we will openly share with the public our industry-leading supply chain standards with the public: the Supply Chain Operations Reference Digital Standard (SCOR DS), the Digital Capabilities Model (DCM) and the Enterprise Certification for Sustainability Standards.
SCOR DS is the latest iteration of the SCOR model, the most recognized standard in supply chain operations. More than 5,000 organizations have built their supply chains on the foundation of SCOR. The SCOR DS is a platform-agnostic framework linking business processes, metrics, best practices and technology into a unified structure to enable organizations to evaluate and improve their supply chains.
The SCOR DS connects with the new DCM for supply networks. Created in partnership with Deloitte, the model guides the development of digital supply networks. It is designed in a relational manner to help supply chain professionals envision and build the digitally enabled capabilities required to transform their linear supply chains into a set of dynamic networks. The application of both SCOR DS and DCM metrics enables companies to cross-reference their supply chain functions and processes by breaking through functional silos and creating more resilient networks—which is absolutely essential as we work to emerge from this era of chronic disruption.
Although these models were once ASCM member benefits, it’s now utterly apparent that what we need is the open and collaborative sharing of knowledge. As networks become ever more expansive and interconnected, the challenges of one cascade into others. Truly, the success of every supply chain is what’s best for all supply chains.
I invite you to learn more about SCOR DS by joining us at the ASCM CONNECT Annual Conference. The educational session Rebuilding SCOR for 2030 features ASCM Executive Vice President Peter Bolstorff, CSCP, SCOR-P, hosting a roundtable discussion with ASCM Executive Vice President of Strategy and Alliances Douglas Kent, SCOR-P, and Deloitte Principal of Strategy and Operations Chris Richard. They will discuss SCOR DS’s exciting integration plans as we continue moving toward our digital future.
The ASCM CONNECT Annual Conference is October 25-27 and is an all-virtual event. Register today. Watch the video discussion, How to Use ASCM's Open-Access Global Standards for Supply Chain, with ASCM Executive Vice Presidents Peter Bolstorff and Douglas Kent.