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.
Offered By
Supply Chain Management SpecializationRutgers the State University of New JerseyAbout this Course
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Learner Career Outcomes
33%
started a new career after completing these courses
33%
got a tangible career benefit from this course
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Course 4 of 5 in the
Flexible deadlines
Reset deadlines in accordance to your schedule.
Beginner Level
Approx. 12 hours to complete
English
Subtitles: Arabic, French, Portuguese (European), Chinese (Simplified), Italian, Vietnamese, Korean, German, Russian, Turkish, English, Spanish
Skills you will gain
Sourcing Best PracticesStrategic SourcingSupply Chain SourcingSupply Chain
Learner Career Outcomes
33%
started a new career after completing these courses
33%
got a tangible career benefit from this course
Shareable Certificate
Earn a Certificate upon completion
100% online
Start instantly and learn at your own schedule.
Course 4 of 5 in the
Flexible deadlines
Reset deadlines in accordance to your schedule.
Beginner Level
Approx. 12 hours to complete
English
Subtitles: Arabic, French, Portuguese (European), Chinese (Simplified), Italian, Vietnamese, Korean, German, Russian, Turkish, English, Spanish
Offered by
Rutgers the State University of New Jersey
Syllabus - What you will learn from this course
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
5 videos
Purchasing3m
Procurement6m
Supply Management6m
Strategic Sourcing4m
3 readings
Is this course for me?10m
Purchasing Must Become Supply Management45m
Coke and McDonald’s, Growing Together Since 195515m
1 practice exercise
Purchasing and Procurement36m
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
2 readings
From Superstorms to Factory Fires: Managing Unpredictable Supply-Chain Disruptions10m
The Outsourcing Dilemma10m
3 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.
3 hours to complete
2 videos (Total 10 min), 2 readings, 1 quiz
2 readings
Don't Let Your Supply Chain Control Your Business30m
Sourcing at Johnson & Johnson30m
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.
4 hours to complete
2 videos (Total 8 min), 2 readings, 1 quiz
2 readings
Supplier Pay10m
Don’t Tweak Your Supply Chain—Rethink It End to End45m
Reviews
TOP REVIEWS FROM SUPPLY CHAIN SOURCING
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 YAMar 9, 2020
The course was very informative and contains lots of useful information. It is up to a point and very interesting that the instructor provide real life examples for easier understanding.
by GBJun 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.
by UZDec 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..
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.
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