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Don Klock
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.
Register for this course and see more details by visiting:
OpenCourser.com/course/pl57yp/strategic
What's inside
Syllabus
Welcome & Strategic Sourcing-Part 1
Strategic Sourcing-Part 2
Strategic Sourcing-Part 3
Read more
Syllabus
Welcome & Strategic Sourcing-Part 1
Strategic Sourcing-Part 2
Strategic Sourcing-Part 3
Read more
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Examines a strategic sourcing process, providing a comprehensive overview of its key steps
Emphasizes continuous improvement and supplier relationship management, fostering ongoing optimization and collaboration
Leverages diverse learning materials, including videos, readings, and case studies, to enrich the learning experience
Taught by Don Klock, an experienced instructor who brings practical insights to the strategic sourcing domain
Provides a strong foundation for understanding the principles and practices of strategic sourcing
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Save Strategic Sourcing to your list so you can find it easily later:
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Reviews summary
Strategic sourcing knowledge base
**Learners say** this course on strategic sourcing is largely positive, with its instructors, lectures, and content highly praised for their quality. While learners say that the assignments are generally engaging, they also mention that some are difficult. The course is well received by procurement and sourcing professionals.
Learners say this course is good for developing a solid framework for strategic sourcing.
"Provides a solid framework for sourcing."
"it is very useful and help me to understand the strategic sourcing process, how to develop strategy sourcing, prepare plan."
"All steps to strategically source commodities clearly taught with examples, illustrations and a very challenging assignment that test and examine the comprehension and understanding of the subject at the end of the course."
This course's instructor is well received for their ability to teach sourcing concepts clearly and concisely.
"Mr. Don Klock was straight to the point! Very interesting and comprehensive course."
"Excellent course in sourcing. Gave me the tools I needed to prepare our planning strategy."
"Clearly and concisely taught. Course work to show learning very helpful to embedd learning."
Many learners found some of the assignments in this course to be difficult.
"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"
"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."
"Interesting topic but the assignment is peer reviewed by three random people. For example my answer for question 3 two people gave me perfect and one person gave me a zero with no explanation."
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 Strategic Sourcing with these
activities:
Supplier Negotiation Role-Playing
Show steps
Engage in role-playing exercises to develop and refine your supplier negotiation skills, ensuring successful outcomes for your organization.
Browse courses on
Negotiation Skills
Show steps
-
Prepare for the negotiation by researching the supplier and understanding your organization's goals.
-
Develop negotiation strategies and tactics.
-
Practice negotiating with peers.
Support a Non-Profit Procurement Team
Show steps
Volunteer at a non-profit organization to gain hands-on experience in sourcing and procurement, while contributing to a meaningful cause.
Browse courses on
Social Responsibility
Show steps
-
Research and identify non-profit organizations with procurement needs.
-
Offer your services and skills to support their procurement efforts.
-
Participate in sourcing activities and provide recommendations.
Show all two activities
Supplier Negotiation Role-Playing
Show steps
Engage in role-playing exercises to develop and refine your supplier negotiation skills, ensuring successful outcomes for your organization.
Browse courses on
Negotiation Skills
Show steps
Show steps
Show steps
- Prepare for the negotiation by researching the supplier and understanding your organization's goals.
- Develop negotiation strategies and tactics.
- Practice negotiating with peers.
Support a Non-Profit Procurement Team
Show steps
Volunteer at a non-profit organization to gain hands-on experience in sourcing and procurement, while contributing to a meaningful cause.
Browse courses on
Social Responsibility
Show steps
Show steps
Show steps
- Research and identify non-profit organizations with procurement needs.
- Offer your services and skills to support their procurement efforts.
- Participate in sourcing activities and provide recommendations.
Show all two activities
Career center
Learners who complete Strategic Sourcing will develop knowledge and skills
that may be useful to these careers:
Sourcing Manager
Sourcing Manager
A Sourcing Manager is a professional responsible for overseeing the sourcing process. They work closely with suppliers and vendors to ensure that the company is getting the best possible products and services at the lowest possible cost. A Strategic Sourcing course can help Sourcing Managers develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective sourcing strategies.
Procurement Manager
Procurement Manager
A Procurement Manager is responsible for managing the procurement process for their organization. They work with suppliers to negotiate contracts, track orders, and ensure that the organization is getting the best possible value for their money. A Strategic Sourcing course can help Procurement Managers develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective procurement strategies.
Inventory Manager
Inventory Manager
An Inventory Manager is responsible for managing the inventory of goods and materials for their organization. They work with suppliers to ensure that the organization has the inventory it needs, when it needs it, and at the lowest possible cost. A Strategic Sourcing course can help Inventory Managers develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective inventory management strategies.
Supply Chain Manager
Supply Chain Manager
A Supply Chain Manager is responsible for overseeing the flow of goods and services from suppliers to customers. They work with suppliers, manufacturers, and distributors to ensure that products are delivered to customers on time and at the lowest possible cost. A Strategic Sourcing course can help Supply Chain Managers develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective supply chain strategies.
Purchasing Manager
Purchasing Manager
A Purchasing Manager is responsible for managing the purchasing process for their organization. They work with suppliers to negotiate contracts, track orders, and ensure that the organization is getting the best possible value for their money. A Strategic Sourcing course can help Purchasing Managers develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective purchasing strategies.
Materials Manager
Materials Manager
A Materials Manager is responsible for managing the procurement and inventory of materials for their organization. They work with suppliers to ensure that the organization has the materials it needs, when it needs them, and at the lowest possible cost. A Strategic Sourcing course can help Materials Managers develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective materials management strategies.
Supplier Relationship Manager
Supplier Relationship Manager
A Supplier Relationship Manager (SRM) is responsible for managing relationships with suppliers. They work to build and maintain strong relationships with suppliers in order to ensure that the organization is getting the best possible value for their money. A Strategic Sourcing course can help SRMs develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective supplier relationship management strategies.
Logistics Manager
Logistics Manager
A Logistics Manager is responsible for overseeing the transportation and distribution of goods and services. They work with suppliers, carriers, and customers to ensure that products are delivered on time and at the lowest possible cost. A Strategic Sourcing course can help Logistics Managers develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective logistics strategies.
Quality Assurance Manager
Quality Assurance Manager
A Quality Assurance Manager (QAM) is responsible for ensuring that the quality of goods and services meets the organization's standards. They work with suppliers to identify and correct quality problems. A Strategic Sourcing course can help QAMs develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective quality assurance strategies.
Cost Analyst
Cost Analyst
A Cost Analyst is responsible for analyzing the costs of goods and services. They work with suppliers to identify areas where costs can be reduced. A Strategic Sourcing course can help Cost Analysts develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective cost analysis strategies.
Risk Manager
Risk Manager
A Risk Manager is responsible for identifying and mitigating risks to the organization. They work with suppliers to identify and mitigate risks that could impact the organization's operations or reputation. A Strategic Sourcing course can help Risk Managers develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective risk management strategies.
Sustainability Manager
Sustainability Manager
A Sustainability Manager is responsible for ensuring that the organization is sustainable. They work with suppliers to ensure that they are also sustainable. A Strategic Sourcing course can help Sustainability Managers develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective sustainability strategies.
Corporate Social Responsibility Manager
Corporate Social Responsibility Manager
A Corporate Social Responsibility (CSR) Manager is responsible for ensuring that the organization is socially responsible. They work with suppliers to ensure that they are also socially responsible. A Strategic Sourcing course can help CSR Managers develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective CSR strategies.
Compliance Officer
Compliance Officer
A Compliance Officer is responsible for ensuring that the organization complies with all applicable laws and regulations. They work with suppliers to ensure that they are also in compliance. A Strategic Sourcing course can help Compliance Officers develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective compliance strategies.
Consultant
Consultant
Consultants work with organizations to help them improve their operations. They can provide advice on a variety of topics, including strategic sourcing. A Strategic Sourcing course can help Consultants develop the skills and knowledge they need to be successful in their roles. This course will provide them with a detailed overview of the Strategic Sourcing Process, which will help them to develop and implement effective consulting strategies.
For more career information including salaries, visit:
OpenCourser.com/course/pl57yp/strategic
Reading list
We've selected 11 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
Strategic Sourcing.
Provides a comprehensive overview of strategic sourcing for the public sector. It covers topics such as the role of strategic sourcing in the public sector, supplier relationship management, and risk management.
Provides a comprehensive overview of logistics and supply chain management. It covers topics such as transportation, warehousing, and inventory management. This book would be a valuable reference tool for anyone involved in strategic sourcing.
Provides a comprehensive overview of outsourcing and strategic sourcing. It covers topics such as the benefits and challenges of outsourcing, supplier selection, and contract management.
Provides a comprehensive overview of strategic sourcing, with a focus on the role of technology and innovation. It good reference for those who want to stay up-to-date on the latest trends in sourcing.
This textbook provides a comprehensive overview of supply chain management, with a focus on strategic sourcing. It good resource for those who want to develop their strategic sourcing skills.
Provides a comprehensive overview of procurement and supply chain management. It covers a wide range of topics, including strategic sourcing, supplier relationship management, and logistics.
This handbook provides a comprehensive overview of supply management. It covers a wide range of topics, including strategic sourcing, supplier relationship management, and quality management.
This handbook provides a comprehensive overview of procurement and supply chain management. It covers a wide range of topics, including strategic sourcing, supplier management, and logistics.
This textbook provides a comprehensive overview of purchasing and supply chain management, covering topics such as supplier selection, negotiation, and contract management. It provides a solid foundation for understanding the broader context of strategic sourcing.
Provides a global perspective on sourcing and supply chain management. It covers topics such as global sourcing strategies, supplier development, and risk management.
Provides a practical guide to negotiation, which is an essential skill in strategic sourcing. It teaches effective negotiation strategies and techniques, helping learners to achieve better outcomes in their sourcing negotiations.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/pl57yp/strategic
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Level
Introductory
Via
Coursera
Institution
Rutgers the State University of New Jersey
Instructor
Don Klock
Language
English
Transcripts
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آذربایجان دیلی
This course belongs to a
collection
called
Global Procurement and Sourcing. It's comprised of seven courses:
Good to know
Examines a strategic sourcing process, providing a comprehensive overview of its key steps
Emphasizes continuous improvement and supplier relationship management, fostering ongoing optimization and collaboration
Leverages diverse learning materials, including videos, readings, and case studies, to enrich the learning experience
Taught by Don Klock, an experienced instructor who brings practical insights to the strategic sourcing domain
Provides a strong foundation for understanding the principles and practices of strategic sourcing
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