This course is part of the Global Procurement and Sourcing Specialization

4.7
stars
129 ratings

Don Klock

6,214 already enrolled

Offered By

Global Procurement and Sourcing SpecializationRutgers the State University of New Jersey

About this Course

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This course will provide a detailed  overview of a Strategic Sourcing Process (7 step Process):  Profile the Category, Develop a Category Sourcing Strategy, Generate Supplier Profile, Choose Competitive Selection or Supplier Development, Select Supplier(s) and Negotiate, Implement, Continuous Improvement/Supplier Relationship Management
This course learnings will be supported videos, readings a a required case with peer review.

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 3 of 7 in the

Global Procurement and Sourcing Specialization

Beginner Level

Approx. 6 hours to complete

English

Subtitles: French, Portuguese (European), Russian, English, Spanish

What you will learn

Learn and understand the various steps in a "proven" 7-step Strategic Sourcing Process

Be able to discuss why it is important for the procurement department, your stakeholders and why one should follow a strategic sourcing process

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 3 of 7 in the

Global Procurement and Sourcing Specialization

Beginner Level

Approx. 6 hours to complete

English

Subtitles: French, Portuguese (European), Russian, English, Spanish

Instructor

Instructor rating

4.57/5 (32 Ratings)

Don Klock

Adjunct Professor, Supply Chain Management

Rutgers Business School

25,166 Learners

7 Courses

Offered by

Rutgers the State University of New Jersey

Syllabus - What you will learn from this course

Week

Week 1

1 hour to complete

Welcome & Strategic Sourcing-Part 1

1 hour to complete

2 videos (Total 18 min), 2 readings

Week

Week 2

1 hour to complete

Strategic Sourcing-Part 2

1 hour to complete

1 video (Total 6 min), 1 reading

Week

Week 3

4 hours to complete

Strategic Sourcing-Part 3

4 hours to complete

1 video (Total 7 min), 2 readings, 1 quiz

Reviews

4.7

23 reviews

5 stars
83.33%
4 stars
12.12%
3 stars
0.75%
2 stars
2.27%
1 star
1.51%

TOP REVIEWS FROM STRATEGIC SOURCING

by DDMay 21, 2020

Great course. Don Klock was straight to the point and informative. Excercises were terrific. One suggestion is to prescribe some standard textbooks for various topics discussed.

by GMJun 29, 2020

The course is really helpful. it gives you the basic knowledge of strategic sourcing. But as note, I think it would be better if provided some books references

by NKMar 2, 2021

The course was perfect to understand the 7-step strategic sourcing process and there is a project to apply with can be applicable to almost every sector.

by NLOct 1, 2020

Mr. Don Klock was straight to the point! Very interesting and comprehensive course. Looking forward to enrolling in more courses

View all reviews

About the Global Procurement and Sourcing Specialization

We will start with a “proven” model for Strategic Sourcing, then move on to the very important topic of Supplier Management. In Supplier Management, you will learn how to select and evaluate suppliers, implement appropriate contracts, and how to mitigate risks. In Supply Market Analysis, you will learn and understand various tools and techniques to evaluate supply markets. Lastly, the course will cover the very important topic of negotiation. Outside reading will be provided to reinforce your knowledge. In addition, case studies will be used to bring these learning to life, and assessment will be used to test your overall knowledge.

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, Coursera provides financial aid to learners who cannot afford the fee. Apply for it by clicking on the Financial Aid link beneath the "Enroll" button on the left. You'll be prompted to complete an application and will be notified if you are approved. You'll need to complete this step for each course in the Specialization, including the Capstone Project. Learn more.

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Strategic Sourcing