Discuss SCOR model with reference to supply chain performance.
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The supply chain operations reference model is a management tool used to address, improve, and communicate supply chain management decisions within a company and with suppliers and customers of a company The model describes the business processes required to satisfy a customer's demands.
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SCOR model has been developed to describe the business activities associated with satisfying customer's demand. It defines common supply chain management process and compares it with the 'best practices'.
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