About this course: Have you ever wondered how companies manage relationships with their thousands of suppliers? Sourcing is an important part of managing a successful supply chain. This course introduces you to the exciting area of supply chain sourcing. Part of a broader specialization on Supply Chain Management, you will master the supplier selection process and supplier segmentation. At the completion of this course you will have the tools and techniques to find the right vendors and maintain the right relationship with any one of your existing suppliers.
Who is this class for: This course is for those looking to start a career in Supply Chain Management, but lack the basic background, for those working with people in Supply Chain Management and want to understand their daily challenges better, or for are fascinated by how the firms deal with their indispensable partners, their suppliers.
Created by: Rutgers the State University of New Jersey
Taught by: Rudolf Leuschner, Ph.D., Assistant Professor
Department of Supply Chain Management
| Basic Info |
Course 4 of 5 in the
Supply Chain Management Specialization.
|
| Level | Beginner |
| Language | English |
| How To Pass | Pass all graded assignments to complete the course. |
| User Ratings |
Syllabus
WEEK 1
Procurement, Purchasing, Supply Management, and Strategic Sourcing
Welcome to the exciting world of sourcing! This module introduces you to the professor who is teaching the courses in the Supply Chain Management Specialization. After completing this module you will be able to understand the different levels of sourcing: the ...
5 videos, 3 readings
Graded: Purchasing and Procurement
WEEK 2
Make versus Buy Decisions
In this module, you will review the principles of make versus buy decisions. What are the advantages and disadvantage of insourcing and outsourcing? We will review the risks and benefits of both, which will enable you to understand what goes into these decisio...
3 videos, 2 readings
Graded: Review an Outsourcing Decision
WEEK 3
Supplier Selection
In this module, you will see an overview supplier segmentation and what the advantages and disadvantages of single and multiple sourcing. Furthermore, you will review the implications of sourcing on the entire firm in an assessment.
2 videos, 2 readings
Graded: How Sourcing affects the Company
WEEK 4
Sourcing Best Practices
In this module, we will review some best practices in sourcing and procure-to-pay systems which enable firms to automate and accelerate essential sourcing functions. In the assessment you will build a supplier evaluation system that you can use in your persona...
2 videos, 2 readings
Graded: Supplier Evaluation Assessment
FAQs
How It Works
Coursework
Each course is like an interactive textbook, featuring pre-recorded videos, quizzes and projects.
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Creators
Rutgers the State University of New Jersey
Pricing
| Audit | Purchase Course | |
|---|---|---|
| Access to course materials | Available | Available |
| Access to graded materials | Not available | Available |
| Receive a final grade | Not available | Available |
| Earn a shareable Course Certificate | Not available | Available |
Ratings and Reviews
Great
A very helpful course.
Loved this course, and the teacher was engaging and fun to listen to while still being informative. Putting this course on my resume helped me switch my career path from being a restaurant server to an operations representative for a major transportation company. Thank you so much!
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VM
Well advanced course for in depth knowledge of the subject.