EVALUATING SCOR METRICS OF SUPPLY CHAIN PERFORMANCE BASED ON INVENTORY MANAGEMENT
Journal Title: Journal of Engineering, Management and Information Technology - Year 2023, Vol 1, Issue 4
Abstract
Because Supply Chain Performance coordinates Inventory Management under the SCOR Metrics paradigm; this research was performed to evaluate the SCOR Metrics of Supply Chain Performance based on Inventory Management at Shiraz Petrochemical Company of Iran. Performance indicators, as Alternatives; and Inventory Management factors, as criteria; were extracted from the research literature. The research method was descriptive-analytical, employing a hybrid FAHP-SCOR approach. Consequently, after weighing the criteria, the five alternatives have been prioritized. The results of this study lead to two deductions: firstly, the type of production is the most important factor in Inventory Management. Secondly, companies with a complex supply chain need to carry out processes to strike the right balance between the size of their inventory. The findings of this study can be applied to all petrochemical industries as a strategic plan.
Authors and Affiliations
Mohsen Anvari, Abolghasem Anvari , Alireza Anvari
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