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Don Klock
After a brief introduction, this course will first cover the on-going rational and challenges of worldwide sourcing. There were a lot of lesson learned as a result of Covid and the subsequent disruption of many supply chains. After reviewing the even more important topics of Supplier Quality and Risk Management, the course will cover three strategies to minimize risks: China +1, Near Shoring and Reshoring. Lastly, the very important topic of Total Cost of Ownership (TCO) is covered which is needed to evaluate these strategies.
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What's inside
Syllabus
Introduction to Course 3 Global Procurement in a Post Covid World
The Rational & Challenges of Worldwide Sourcing
Managing Supplier Quality & Overall Risk Management
Read more
Syllabus
Introduction to Course 3 Global Procurement in a Post Covid World
The Rational & Challenges of Worldwide Sourcing
Managing Supplier Quality & Overall Risk Management
Read more
China +1, Near Shoring and Reshoring Strategies
Total Cost of Ownership (TCO)
.pdf for the student for Course 3 Lectures
Quiz for Course 3 Global Procurement in a Post Covid World
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Develops strategies to minimize risks related to global procurement
Taught by Don Klock, an expert on global procurement
Provides a comprehensive understanding of the challenges of global sourcing
Explores strategies to reduce risks related to global procurement
Requires learners to have a basic understanding of supply chain management
Covers topics that are relevant to professionals in the field of procurement
Save this course
Save Global Procurement in a Post Covid World to your list so you can find it easily later:
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Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in Global Procurement in a Post Covid World with these
activities:
Review basic accounting principles
Show steps
Ensure a strong foundation in accounting principles to support the TCO analysis.
Browse courses on
Total Cost of Ownership (TCO)
Show steps
-
Review key accounting concepts such as debits, credits, and financial statements.
Review book: "Supply Chain Management: A Global Perspective"
Show steps
Review the fundamentals of supply chain management and prepare for the course topics on sourcing and risk management.
View
Supply Chain Logistics Management
on Amazon
Show steps
-
Read Chapters 1-3 to gain an overview of supply chain management.
-
Read Chapters 11-15 to understand supplier quality and risk management.
Develop a Total Cost of Ownership (TCO) analysis for a potential sourcing decision
Show steps
Reinforce the importance of considering all costs when making sourcing decisions.
Browse courses on
Total Cost of Ownership (TCO)
Show steps
-
Identify all relevant costs associated with a potential sourcing decision, including purchase price, transportation, tariffs, and quality control.
-
Quantify the costs and estimate the total cost of ownership for each option.
-
Analyze the TCO results and make recommendations based on the findings.
Show all three activities
Review basic accounting principles
Show steps
Ensure a strong foundation in accounting principles to support the TCO analysis.
Browse courses on
Total Cost of Ownership (TCO)
Show steps
Show steps
Show steps
- Review key accounting concepts such as debits, credits, and financial statements.
Review book: "Supply Chain Management: A Global Perspective"
Show steps
Review the fundamentals of supply chain management and prepare for the course topics on sourcing and risk management.
View
Supply Chain Logistics Management
on Amazon
Show steps
Show steps
Show steps
- Read Chapters 1-3 to gain an overview of supply chain management.
- Read Chapters 11-15 to understand supplier quality and risk management.
Develop a Total Cost of Ownership (TCO) analysis for a potential sourcing decision
Show steps
Reinforce the importance of considering all costs when making sourcing decisions.
Browse courses on
Total Cost of Ownership (TCO)
Show steps
Show steps
Show steps
- Identify all relevant costs associated with a potential sourcing decision, including purchase price, transportation, tariffs, and quality control.
- Quantify the costs and estimate the total cost of ownership for each option.
- Analyze the TCO results and make recommendations based on the findings.
Show all three activities
Career center
Learners who complete Global Procurement in a Post Covid World will develop knowledge and skills
that may be useful to these careers:
Procurement Manager
Procurement Manager
Procurement Managers oversee the sourcing and purchasing of goods and services for organizations. This course would be helpful for Procurement Managers as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world, such as China +1, Near Shoring and Reshoring. Understanding these concepts can help Procurement Managers make informed decisions and optimize their procurement processes.
Sourcing Manager
Sourcing Manager
Sourcing Managers are responsible for identifying and selecting suppliers for goods and services. This course would be helpful for Sourcing Managers as it covers the rational and challenges of worldwide sourcing, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Sourcing Managers develop effective sourcing strategies and build strong relationships with suppliers.
Supply Chain Manager
Supply Chain Manager
Supply Chain Managers oversee the flow of goods and services from suppliers to customers. This course would be helpful for Supply Chain Managers as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Supply Chain Managers optimize their supply chains and improve their overall efficiency.
Purchasing Manager
Purchasing Manager
Purchasing Managers are responsible for the day-to-day operations of purchasing goods and services. This course would be helpful for Purchasing Managers as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Purchasing Managers make informed decisions and optimize their purchasing processes.
Logistics Manager
Logistics Manager
Logistics Managers oversee the transportation and distribution of goods and services. This course would be helpful for Logistics Managers as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Logistics Managers optimize their logistics operations and improve their overall efficiency.
Inventory Manager
Inventory Manager
Inventory Managers are responsible for managing the inventory of goods and materials. This course would be helpful for Inventory Managers as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Inventory Managers optimize their inventory management processes and improve their overall efficiency.
Materials Manager
Materials Manager
Materials Managers are responsible for the procurement and management of materials used in production. This course would be helpful for Materials Managers as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Materials Managers optimize their materials management processes and improve their overall efficiency.
Production Manager
Production Manager
Production Managers are responsible for overseeing the production of goods and services. This course would be helpful for Production Managers as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Production Managers optimize their production processes and improve their overall efficiency.
Operations Manager
Operations Manager
Operations Managers are responsible for the day-to-day operations of a business. This course would be helpful for Operations Managers as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Operations Managers optimize their operations and improve their overall efficiency.
Business Development Manager
Business Development Manager
Business Development Managers are responsible for developing new business opportunities for their organizations. This course may be useful for Business Development Managers as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Business Development Managers identify and develop new business opportunities.
Sales Manager
Sales Manager
Sales Managers are responsible for managing sales teams and achieving sales targets. This course may be useful for Sales Managers as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Sales Managers develop effective sales strategies and improve their overall performance.
Marketing Manager
Marketing Manager
Marketing Managers are responsible for developing and executing marketing campaigns. This course may be useful for Marketing Managers as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Marketing Managers develop effective marketing campaigns and improve their overall performance.
Account Manager
Account Manager
Account Managers are responsible for managing relationships with key clients. This course may be useful for Account Managers as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Account Managers build strong relationships with clients and improve their overall performance.
Project Manager
Project Manager
Project Managers are responsible for planning and executing projects. This course may be useful for Project Managers as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Project Managers develop effective project plans and improve their overall performance.
Consultant
Consultant
Consultants provide advice and guidance to organizations on a variety of topics. This course may be useful for Consultants as it covers essential topics such as supplier quality and risk management, as well as strategies for minimizing risks in the post-Covid world. Understanding these concepts can help Consultants provide valuable advice to their clients and improve their overall performance.
For more career information including salaries, visit:
OpenCourser.com/course/8ju11h/global
Reading list
We've selected six books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Global Procurement in a Post Covid World.
Provides a comprehensive overview of supply chain management, with a focus on the strategic and operational aspects of managing a supply chain. It covers topics such as supply chain design, inventory management, and transportation management.
A textbook commonly used in academic institutions and by industry professionals, this book provides a comprehensive overview of purchasing and supply chain management.
Provides a comprehensive overview of supply chain management, with a focus on the strategic and operational aspects of managing a supply chain. It covers topics such as supply chain design, inventory management, and transportation management.
Save
Provides a comprehensive overview of logistics and supply chain management, with a focus on the strategic and operational aspects of managing a supply chain. It covers topics such as transportation management, inventory management, and warehousing management.
Provides a comprehensive dictionary of procurement and supply chain management terms. It useful reference tool for anyone who works in the field of procurement or supply chain management.
Provides a comprehensive glossary of supply chain management terms. It useful reference tool for anyone who works in the field of supply chain management.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/8ju11h/global
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Level
Intermediate
Via
Coursera
Institution
Rutgers the State University of New Jersey
Instructor
Don Klock
Language
English
This course belongs to a
collection
called
Advanced Global Procurement and Sourcing. It's comprised of seven courses:
- Introduction and Course Outline
- Leveraging Technology to Achieve Results
- Procurement Organizations
- Global Procurement in a Post Covid World (viewing)
- Commodity and Currency Hedging
- Special Topics and Specialization Wrap-up
- Supplier Partnerships
Good to know
Develops strategies to minimize risks related to global procurement
Taught by Don Klock, an expert on global procurement
Provides a comprehensive understanding of the challenges of global sourcing
Explores strategies to reduce risks related to global procurement
Requires learners to have a basic understanding of supply chain management
Covers topics that are relevant to professionals in the field of procurement
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