Briefly describe the five core management processes that comprise Level 1 of the SCOR model

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Answer: The five core management processes are plan, source, make, deliver, and return. Planning describes processes that balance aggregate resources with requirements, i.e., the ability to match supply with demand. Sourcing processes procure goods and services to meet planned or actual demand. The make process transforms product to a finished state to meet planned or actual demand. Delivery processes provide finished goods and services to meet planned or actual demand and include order management, logistics, and distribution activities. Return processes allow the receipt of products that are returned for any reason, whether they are being returned from customer to primary firm or from the firm to one of its suppliers.

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The next time your professor has a group assignment, what should you volunteer for?

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