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.

73,771 already enrolled

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4 modules

Gain insight into a topic and learn the fundamentals.

2,091 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.

2,091 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

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Taught in English

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This course is part of the Supply Chain Management Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

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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.

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 videos Total 21 minutes

What is Supply Chain Sourcing? 1 minute
Purchasing 3 minutes
Procurement 6 minutes
Supply Management 6 minutes
Strategic Sourcing 4 minutes

3 readings Total 70 minutes

Is this course for me? 10 minutes
Purchasing Must Become Supply Management 45 minutes
Coke and McDonald’s, Growing Together Since 1955 15 minutes

1 assignment Total 36 minutes

Purchasing and Procurement 36 minutes

3 discussion prompts Total 30 minutes

Introductions 10 minutes
What is your personal approach to procurement in every day life? 5 minutes
Strategic Suppliers 15 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 videos Total 15 minutes

The Make versus Buy Decision 7 minutes
Why Should I Insource? 3 minutes
Why Should I Outsource? 5 minutes

2 readings Total 20 minutes

From Superstorms to Factory Fires: Managing Unpredictable Supply-Chain Disruptions 10 minutes
The Outsourcing Dilemma 10 minutes

1 peer review Total 60 minutes

Review an Outsourcing Decision 60 minutes

3 discussion prompts Total 30 minutes

Make versus Buy Decisions we faced. 10 minutes
Benefits of Insourcing 10 minutes
Benefits of Outsourcing 10 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 videos Total 10 minutes

Supplier Segmentation 5 minutes
Single versus Multiple Sourcing 5 minutes

2 readings Total 60 minutes

Don't Let Your Supply Chain Control Your Business 30 minutes
Sourcing at Johnson & Johnson 30 minutes

1 peer review Total 60 minutes

How Sourcing affects the Company 60 minutes

4 discussion prompts Total 45 minutes

Dimensions of Supplier Categories 10 minutes
Single Sourcing 10 minutes
Don't Let your Supply Chain Control Your Business 15 minutes
The Outsourcing Debate 10 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

2 videos Total 8 minutes

Sourcing Best Practices 4 minutes
Procure-to-Pay Systems 4 minutes

2 readings Total 55 minutes

Supplier Pay 10 minutes
Don’t Tweak Your Supply Chain—Rethink It End to End 45 minutes

1 peer review Total 180 minutes

Supplier Evaluation Assessment 180 minutes

2 discussion prompts Total 20 minutes

Your Supplier Categories 10 minutes
Supplier Pay 10 minutes

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Instructor

Instructor ratings

(374 ratings)

Rudolf Leuschner, Ph.D.

Rutgers the State University of New Jersey

17 Courses 441,005 learners

Offered by

Rutgers the State University of New Jersey

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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 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 Jan 1, 2021

After completion of this course, one can have an idea about the purchase, procurement, and supplier relation, and risk evaluation is known.

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Frequently asked questions

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. 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.

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