Which of the following standardizes terminology to improve communications among suppliers and customers?
A) demand forecast accuracy
B) Supply Chain Operations Reference
C) Supply Chain Council
D) supply chain optimization

Question

Quizplus · Accepted Answer

The Supply Chain Operations Reference (SCOR) model is a framework developed by the Supply Chain Council to standardize terminology and improve communication among suppliers and customers. It defines a common set of processes, metrics, and best practices for managing supply chain operations. The other options are not related to standardizing terminology.

Which of the Following Standardizes Terminology to Improve Communications Among