Rutgers the State University of New Jersey

Sourcing Excellence

This course is part of Supply Chain Excellence Specialization

Taught in English

Included with Coursera Plus

Course

Gain insight into a topic and learn the fundamentals

Advanced level

Recommended experience

22 hours (approximately)
Flexible schedule
Learn at your own pace

Details to know

Shareable certificate

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Recently updated!

November 2023

Assessments

17 quizzes

Course

Gain insight into a topic and learn the fundamentals

Advanced level

Recommended experience

22 hours (approximately)
Flexible schedule
Learn at your own pace

See how employees at top companies are mastering in-demand skills

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Build your subject-matter expertise

This course is part of the Supply Chain Excellence Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate
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There are 4 modules in this course

Sourcing manages the flow of raw materials that are required for the company to build its products. The main goals are to understand the main decision points of products entering the firm, as well as procurement decisions. The module is made up of three lessons: 1. Raw Material Inventories, 2. Quality, 3. Procurement Excellence. This is the second course in the Supply Chain Excellence Specialization.

What's included

11 videos8 readings4 quizzes4 discussion prompts

This module will introduce you to procure-to-pay systems, which are one of the most popular types of systems companies are currently implementing. The other part of the module features some hands-on work. We will go over forecasting algorithms. If you had experience with forecasting or have successfully completed the Supply Chain Planning course, this will be a repetition and you can just skip to the quiz. Otherwise, it will be a nice introduction to forecasting.

What's included

13 videos15 readings8 quizzes1 peer review1 discussion prompt

In this module, we will cover financial flows with suppliers. This includes how companies are trying to preserve their capital by extending payment terms, a tool called supply chain finance that can help provide liquidity in supply chains, and an overview of payment practices.

What's included

15 videos8 readings5 quizzes3 discussion prompts

Now that we have reached the end of this course, it is time to put all of your new knowledge to the test. Not only will you be able to take a second attempt at your SCM project by improving your original submission and adding a new section on information flow. Finally, you will perform a quantitative analysis of a real-life business case and suggest improvements.

What's included

1 reading2 peer reviews

Instructor

Rudolf Leuschner, Ph.D.
Rutgers the State University of New Jersey
17 Courses319,711 learners

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