Global Sourcing

Building upon lessons learned in the Global Procurement and Supply Management course, this course will examine how global sourcing affects businesses operating in the international trading environment. Students will be introduced to best practices adopted by leading organizations who source materials globally: we will take a deep dive into category strategy development, supplier evaluation and selection, supplier quality management, supplier relationship management and building a world-class supply base. The influence of cultural, political, social, economic, and ethical issues that affect supply management will be studied. We will discuss special considerations when purchasing services, procurement information systems, purchasing performance measurement and evaluation, and current trends in purchasing and supply strategy.