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Supply Chain Sourcing

Rutgers the State University of New Jersey

Supply Chain Sourcing

This course is part of Supply Chain Management Specialization

Instructor: Rudolf Leuschner, Ph.D.

74,938 already enrolled

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4 modules

Gain insight into a topic and learn the fundamentals.

2,098 reviews

Beginner level

No prior experience required

Flexible schedule

1 week at 10 hours a week

Learn at your own pace

94%

Most learners liked this course

4 modules

Gain insight into a topic and learn the fundamentals.

2,098 reviews

Beginner level

No prior experience required

Flexible schedule

1 week at 10 hours a week

Learn at your own pace

94%

Most learners liked this course

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

1 assignment¹

AI Graded see disclaimer

Taught in English

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Build your subject-matter expertise

This course is part of the Supply Chain Management 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

There are 4 modules in 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.

Module details

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.

What's included

5 videos3 readings1 assignment3 discussion prompts

5 videosTotal 21 minutes

What is Supply Chain Sourcing?1 minute
Purchasing3 minutes
Procurement6 minutes
Supply Management6 minutes
Strategic Sourcing4 minutes

3 readingsTotal 70 minutes

Is this course for me?10 minutes
Purchasing Must Become Supply Management45 minutes
Coke and McDonald’s, Growing Together Since 195515 minutes

1 assignmentTotal 36 minutes

Purchasing and Procurement36 minutes

3 discussion promptsTotal 30 minutes

Introductions10 minutes
What is your personal approach to procurement in every day life?5 minutes
Strategic Suppliers15 minutes

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.

What's included

3 videos2 readings1 peer review3 discussion prompts

3 videosTotal 15 minutes

The Make versus Buy Decision7 minutes
Why Should I Insource?3 minutes
Why Should I Outsource?5 minutes

2 readingsTotal 20 minutes

From Superstorms to Factory Fires: Managing Unpredictable Supply-Chain Disruptions10 minutes
The Outsourcing Dilemma10 minutes

1 peer reviewTotal 60 minutes

Review an Outsourcing Decision60 minutes

3 discussion promptsTotal 30 minutes

Make versus Buy Decisions we faced.10 minutes
Benefits of Insourcing10 minutes
Benefits of Outsourcing10 minutes

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.

What's included

2 videos2 readings1 peer review4 discussion prompts

2 videosTotal 10 minutes

Supplier Segmentation5 minutes
Single versus Multiple Sourcing5 minutes

2 readingsTotal 60 minutes

Don't Let Your Supply Chain Control Your Business30 minutes
Sourcing at Johnson & Johnson30 minutes

1 peer reviewTotal 60 minutes

How Sourcing affects the Company60 minutes

4 discussion promptsTotal 45 minutes

Dimensions of Supplier Categories10 minutes
Single Sourcing10 minutes
Don't Let your Supply Chain Control Your Business15 minutes
The Outsourcing Debate10 minutes

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.

What's included

2 videos2 readings1 peer review2 discussion prompts

Earn a career certificate

Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.

Instructor

Instructor ratings

(376 ratings)

Rudolf Leuschner, Ph.D.

Rutgers the State University of New Jersey

17 Courses451,884 learners

Offered by

Rutgers the State University of New Jersey

Learner reviews

5 stars
79.64%
4 stars
15.58%
3 stars
3.09%
2 stars
0.95%
1 star
0.71%

Showing 3 of 2098

Reviewed on Dec 4, 2019

An outstanding course regarding sourcing and procurement. I suggest procurement strategies should also be included in this course like type of contracts, Letter of Credits etc..

Reviewed on Jun 11, 2019

Great course from Supply Chain Management Specialization. The professor is great and cover a lot of important topics in a very easy to understand way. I totally recommend this course.

Reviewed on Feb 14, 2021

Sehr guter Kurs mit verständlichen Praxisbeispielen! Die Artikel sind auch mega interessant und helfen die erworbene von Videos Kenntnisse zu erweitern! Vielen Dank!

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