About this Course
4.7
345 ratings
73 reviews
Specialization
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100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Hours to complete

Approx. 12 hours to complete

Suggested: 4 hours/week...
Available languages

English

Subtitles: English...

Skills you will gain

Sourcing Best PracticesStrategic SourcingSupply Chain SourcingSupply Chain
Specialization
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Hours to complete

Approx. 12 hours to complete

Suggested: 4 hours/week...
Available languages

English

Subtitles: English...

Syllabus - What you will learn from this course

Week
1
Hours to complete
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....
Reading
5 videos (Total 21 min), 3 readings, 1 quiz
Video5 videos
Purchasing3m
Procurement6m
Supply Management6m
Strategic Sourcing4m
Reading3 readings
Is this course for me?10m
Purchasing Must Become Supply Management45m
Coke and McDonald’s, Growing Together Since 195515m
Quiz1 practice exercise
Purchasing and Procurement36m
Week
2
Hours to complete
3 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....
Reading
3 videos (Total 15 min), 2 readings, 1 quiz
Video3 videos
Why Should I Insource?3m
Why Should I Outsource?5m
Reading2 readings
From Superstorms to Factory Fires: Managing Unpredictable Supply-Chain Disruptions10m
The Outsourcing Dilemma10m
Week
3
Hours to complete
4 hours to complete

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....
Reading
2 videos (Total 10 min), 2 readings, 1 quiz
Video2 videos
Single versus Multiple Sourcing4m
Reading2 readings
Don't Let Your Supply Chain Control Your Business30m
Sourcing at Johnson & Johnson30m
Week
4
Hours to complete
4 hours to complete

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 personal and professional lives....
Reading
2 videos (Total 8 min), 2 readings, 1 quiz
Video2 videos
Procure-to-Pay Systems3m
Reading2 readings
Supplier Pay10m
Don’t Tweak Your Supply Chain—Rethink It End to End45m
4.7
73 ReviewsChevron Right
Career Benefit

83%

got a tangible career benefit from this course

Top Reviews

By ANOct 26th 2017

This very great course gives me a lot of knowledge in product sourcing, suppliers segmentation and management with better strategies.

By TMSep 29th 2017

Great course for anyone who wants to learn more about Sourcing, and prepare themselves for future work in the Supply Chain sector.

Instructor

Avatar

Rudolf Leuschner, Ph.D.

Assistant Professor
Department of Supply Chain Management

About Rutgers the State University of New Jersey

About the Supply Chain Management Specialization

This specialization is an introduction to the fascinating world of Supply Chain Management. When you complete the Supply Chain Management Specialization you will 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 are looking to start a career in Supply Chain Management, but lack the basic background; 2. you are working with people in Supply Chain Management and want to understand their daily challenges better; 3. you are 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 will 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 will solve a real-life business case. Join me as we enter the exciting field of Supply Chain Management!...
Supply Chain Management

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • 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.

More questions? Visit the Learner Help Center.