We may earn an affiliate commission when you visit our partners.
Sourcing Analytics
Yao Zhao
Yao Zhao
It is easy to spend money, but hard to get the value.
Read more
It is easy to spend money, but hard to get the value.
Read more
It is easy to spend money, but hard to get the value.
From 2007 to 2010, Apple made $27 billion from iPhone with a profit of $15.6 billion. Apple could not achieve this success without its global sourcing strategy. However, one of Apple’s key suppliers, Samsung Electronics, became a competitor and used its cost advantage to over-take Apple in the global market. Meanwhile, many new suppliers and products are emerging constantly. To continue the success, Apple must explore the global markets to identify and select new suppliers that are capable, inexpensive and financially robust. The question is, how to do it right for this year?
What Apple experienced is typical in practice, as a company may have thousands of suppliers, and numerous new suppliers and products / services emerge constantly and globally, which requires a frequent adjustment of the supply base.
In this course, you will learn sourcing analytics which applies data analytics and business intelligence to supplier development and management. Specifically, you will learn market intelligence, bargain power analysis, and supplier analysis, to identify and select suppliers with the objective of getting more value with less spend.
Register for this course and see more details by visiting:
OpenCourser.com/course/9319jq/sourcing
What's inside
Syllabus
Welcome!
Welcome to sourcing analytics! Through the story of Apple's iPhone, you will learn some sourcing pain points, sourcing metrics and analytics framework, and the best practice of a sophisticated buyer.
Read more
Syllabus
Welcome!
Welcome to sourcing analytics! Through the story of Apple's iPhone, you will learn some sourcing pain points, sourcing metrics and analytics framework, and the best practice of a sophisticated buyer.
Read more
Sourcing Criteria and Market Intelligence
In the second week, you will learn how to set the supplier selection criteria (to match the company’s needs). To identify potential suppliers, you will learn market intelligence to assess the trend, stability and competition intensity of the global markets.
Bargain Power and Supplier Analysis
In the third week, you will learn bargain power analysis to assess your and your suppliers’ leverages and bargain power. You will also learn supplier analysis to analyze individual suppliers’ capability, pricing, financial robustness and efficiency.
Supplier Score Sheets and Mini-project
This is the last week of Sourcing Analytics, you will wrap up all the analysis learned so far into supplier score sheets so as to select the best suppliers. You will perform a mini-project on sourcing intelligence.
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Develops sourcing analytics by applying data analytics and business intelligence to supplier development and management, which are core skills for supply chain management
Taught by Yao Zhao, who are recognized for their work in data analytics and supply chain management
Examines sourcing analytics, which is highly relevant to supply chain management and procurement
Builds a strong foundation for beginners in sourcing analytics basics and concepts
May require learners to come in with some background knowledge in data analytics or business intelligence
Save this course
Save Sourcing Analytics to your list so you can find it easily later:
Save
Save
Activities
Coming soon
We're preparing activities for
Sourcing Analytics.
These are activities you can do either before, during, or after a course.
Career center
Learners who complete Sourcing Analytics will develop knowledge and skills
that may be useful to these careers:
Sourcing Analyst
Sourcing Analyst
Sourcing Analysts use their knowledge of the procurement process and supplier market to help companies find the best suppliers for their needs. This course will provide you with the skills and knowledge you need to be successful in this role, including how to identify and select suppliers, assess their capabilities, and negotiate contracts.
Procurement Manager
Procurement Manager
Procurement Managers are responsible for the entire procurement process, from identifying and selecting suppliers to negotiating contracts and managing supplier relationships. This course will give you the skills and knowledge you need to be successful in this role, including how to develop and implement sourcing strategies, manage supplier performance, and mitigate risks.
Supply Chain Manager
Supply Chain Manager
Supply Chain Managers are responsible for the entire supply chain, from planning and sourcing to production and delivery. This course will give you the skills and knowledge you need to be successful in this role, including how to develop and implement supply chain strategies, manage inventory, and optimize logistics.
Purchasing Manager
Purchasing Manager
Purchasing Managers are responsible for the procurement of goods and services. This course will give you the skills and knowledge you need to be successful in this role, including how to identify and select suppliers, negotiate contracts, and manage supplier relationships.
Supplier Development Manager
Supplier Development Manager
Supplier Development Managers are responsible for developing and managing relationships with suppliers. This course will give you the skills and knowledge you need to be successful in this role, including how to identify and select suppliers, assess their capabilities, and negotiate contracts.
Contract Manager
Contract Manager
Contract Managers are responsible for the negotiation and management of contracts. This course will give you the skills and knowledge you need to be successful in this role, including how to identify and select suppliers, negotiate contracts, and manage supplier relationships.
Financial Analyst
Financial Analyst
Financial Analysts use their knowledge of financial markets and accounting principles to help companies make investment decisions. This course will give you the skills and knowledge you need to be successful in this role, including how to analyze financial statements, assess risk, and develop investment strategies.
Market Analyst
Market Analyst
Market Analysts use their knowledge of market research and analysis to help companies understand the market landscape and make informed decisions. This course will give you the skills and knowledge you need to be successful in this role, including how to conduct market research, analyze data, and develop market strategies.
Data Analyst
Data Analyst
Data Analysts use their knowledge of data analysis techniques and tools to help companies make informed decisions. This course will give you the skills and knowledge you need to be successful in this role, including how to collect, clean, and analyze data, and develop data-driven insights.
Business Analyst
Business Analyst
Business Analysts use their knowledge of business processes and systems to help companies improve their operations. This course will give you the skills and knowledge you need to be successful in this role, including how to analyze business processes, identify areas for improvement, and develop and implement solutions.
Operations Manager
Operations Manager
Operations Managers are responsible for the day-to-day operations of a business. This course will give you the skills and knowledge you need to be successful in this role, including how to manage people, processes, and resources.
Project Manager
Project Manager
Project Managers are responsible for the planning, execution, and completion of projects. This course will give you the skills and knowledge you need to be successful in this role, including how to manage projects, teams, and budgets.
Consultant
Consultant
Consultants use their knowledge and experience to help companies solve problems and improve their performance. This course will give you the skills and knowledge you need to be successful in this role, including how to analyze problems, develop solutions, and communicate effectively.
Teacher
Teacher
Teachers are responsible for educating students. This course will give you the skills and knowledge you need to be successful in this role, including how to develop lesson plans, manage classrooms, and assess student learning.
Entrepreneur
Entrepreneur
Entrepreneurs are people who start their own businesses. This course will give you the skills and knowledge you need to be successful in this role, including how to develop a business plan, raise capital, and market your products or services.
For more career information including salaries, visit:
OpenCourser.com/course/9319jq/sourcing
Reading list
We've selected seven 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
Sourcing Analytics.
This text useful reference tool for sourcing analytics.
Comprehensive textbook on purchasing and supply chain management. It covers all aspects of the procurement process, from supplier selection to contract management. It valuable resource for anyone studying or working in the field of procurement.
Provides additional reading.
Would be commonly used as a textbook by academic institutions.
Is helpful in providing additional background knowledge.
This journal valuable resource for anyone working in the field of procurement and supply chain management. It publishes articles on a wide range of topics, including supplier selection, contract management, and risk mitigation.
This journal valuable resource for anyone working in the field of procurement management. It publishes articles on a wide range of topics, including supplier selection, contract management, and risk mitigation.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/9319jq/sourcing
Share
Similar courses
Here are nine courses similar to
Sourcing Analytics.
Supply Chain Sourcing
OpenCourser.com/course/qtpg6m/supply
Supply Chain Sourcing
Most relevant
Strategic Sourcing
OpenCourser.com/course/pl57yp/strategic
Strategic Sourcing
Most relevant
Supplier Management
OpenCourser.com/course/mwzy20/supplier
Supplier Management
Most relevant
Sustainability and Green Logistics: An Introduction
OpenCourser.com/course/p7cfl0/sustainability
Sustainability and Green Logistics: An Introduction
Procurement & Sourcing Introduction
OpenCourser.com/course/7igzkc/procurement
Procurement & Sourcing Introduction
Introduction to Intellectual Property
OpenCourser.com/course/9ozxo2/introduction
Introduction to Intellectual Property
Amazon FBA as a Private Label Business Launching Platform
OpenCourser.com/course/uw6axd/amazon
Amazon FBA as a Private Label Business Launching Platform
Global Procurement in a Post Covid World
OpenCourser.com/course/8ju11h/global
Global Procurement in a Post Covid World
Certified Supply Chain Professional (CSCP) Exam Preparation
OpenCourser.com/course/k467sr/certified
Certified Supply Chain Professional (CSCP) Exam...
Effort
4 weeks of study, 2.5 hours / week
Level
Introductory
Via
Coursera
Institution
Rutgers the State University of New Jersey
Instructor
Yao Zhao
Language
English
Transcripts
magyar nyelv
اُردُو,
فارسی
বাংলা
پښتو
آذربایجان دیلی
This course belongs to a
collection
called
Supply Chain Analytics. It's comprised of six courses:
Good to know
Develops sourcing analytics by applying data analytics and business intelligence to supplier development and management, which are core skills for supply chain management
Taught by Yao Zhao, who are recognized for their work in data analytics and supply chain management
Examines sourcing analytics, which is highly relevant to supply chain management and procurement
Builds a strong foundation for beginners in sourcing analytics basics and concepts
May require learners to come in with some background knowledge in data analytics or business intelligence
Our mission
OpenCourser helps millions of learners each year. People visit us to learn workspace skills, ace their exams, and nurture their curiosity.
Our extensive catalog contains over 50,000 courses and twice as many books. Browse by search, by topic, or even by career interests. We'll match you to the right resources quickly.
Find this site helpful? Tell a friend about us.
Affiliate disclosure
We're supported by our community of learners. When you purchase or subscribe to courses and programs or purchase books, we may earn a commission from our partners.
Your purchases help us maintain our catalog and keep our servers humming without ads.
Thank you for supporting OpenCourser.
© 2016 - 2024 OpenCourser