This course is part of the Supply Chain Management Specialization

4.7
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1,845 ratings

Rudolf Leuschner, Ph.D.

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Supply Chain Management SpecializationRutgers the State University of New Jersey

About this Course

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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.

Flexible deadlines

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Shareable Certificate

Earn a Certificate upon completion

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Course 4 of 5 in the

Supply Chain Management Specialization

Beginner Level

Approx. 12 hours to complete

English

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Skills you will gain

Sourcing Best Practices
Strategic Sourcing
Supply Chain Sourcing
Supply Chain

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Course 4 of 5 in the

Supply Chain Management Specialization

Beginner Level

Approx. 12 hours to complete

English

Could your company benefit from training employees on in-demand skills?

Try Coursera for Business

Instructor

Instructor rating

4.76/5 (302 Ratings)

Rudolf Leuschner, Ph.D.

Associate Professor

Department of Supply Chain Management

266,279 Learners

12 Courses

Offered by

Rutgers the State University of New Jersey

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Syllabus - What you will learn from this course

Content Rating95%(4,338 ratings)

Week1

Week 1

3 hours to complete

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 act of purchasing, the work that is performed in a procurement department, how to differentiate different supplier categories with strategic sourcing, and how to elevate a firm's performance with strategic sourcing.

3 hours to complete

5 videos (Total 21 min), 3 readings, 1 quiz

Week2

Week 2

2 hours to complete

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 decisions and why companies make them. In he assessment, you will review an outsourcing decision that a company or organization made and understand how it affects various stakeholders.

2 hours to complete

3 videos (Total 15 min), 2 readings, 1 quiz

Week3

Week 3

3 hours to complete

Supplier Selection

3 hours to complete

2 videos (Total 10 min), 2 readings, 1 quiz

Week4

Week 4

4 hours to complete

Sourcing Best Practices

4 hours to complete

2 videos (Total 8 min), 2 readings, 1 quiz

Reviews

4.7

397 reviews

5 stars
78.87%
4 stars
16.25%
3 stars
3.30%
2 stars
0.92%
1 star
0.65%

TOP REVIEWS FROM SUPPLY CHAIN SOURCING

by DWJul 28, 2018

The fundamentals reviewed in this course are helpful for beginners to SCM. This would be too basic for experienced SCM professionals.

by AAJun 23, 2020

I've learned a lot of thing about sourcing in supply chain management. Why sourcing is so important to supply chain and many more thing will get to learned. Thank you professor and coursera.

by MDOct 13, 2020

Very interesting and it helps me in my further career, very good video lectures and others reading materials. Many thanks for coursera and my company

by MBJun 3, 2020

This course helps you establish good relationships with other companies, or how to manage all other relationships in the supply chain.

View all reviews

About the Supply Chain Management Specialization

This Specialization is an introduction to the fascinating world of Supply Chain Management. When you complete the program you'll have a richer understanding of the complexities that companies are facing in today's global networked economy.

The Specialization is for you, if: 1. you're looking to start a career in Supply Chain Management, but lack the basic background; 2. you're working with people in Supply Chain Management and want to understand their daily challenges better; 3. you're fascinated by how the global economy is linked together by the flow of products, information, and finances. The Supply Chain Management Specialization is made up of four basic courses in logistics, operations, planning, and sourcing, followed by a capstone course in Supply Chain Management Strategy. The Supply Chain Logistics course will cover transportation, warehousing and inventory, and logistics network design. The Supply Chain Operations course covers techniques used to optimize flow and focuses specifically on Six Sigma quality and Lean practices. In the Supply Chain Planning course you'll master different forecasting approaches. The Supply Chain Sourcing course deals with different techniques that help you create lasting and productive supplier relationships. Finally, in the capstone course on Supply Chain Management Strategy you'll solve a real-life business case. Interested in learning advanced supply chain topics? View the Supply Chain Excellence MasterTrack™ Certificate.

Frequently Asked Questions

When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

More questions? Visit the Learner Help Center.

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Supply Chain Sourcing

About this Course

Skills you will gain