Strategic Global Sourcing
Worldwide economic, political and social factors combined with accelerated advances in communications technologies have altered the nature of business. One result has been the emergence of strategic global sourcing as a key element in organizational planning. This course explores the critical issues involved in making and implementing of domestic and offshore sourcing decisions.
Participants will focus on the analysis, preparation, transition and implementation activities required for firms to succeed. More than just a course about effective Asian offshore sourcing, the course provides both a review of essential topics and a set of practical tools for both domestic and global offshore sourcing.
You will learn:
- Why organizations are pursuing strategic sourcing
- The best strategic sourcing process models
- How to redesign sourcing for maximum competitive benefit
- Specific application of quadrant analysis to segment organizational spend
- Reasons for global outsourcing and how to identify them
- Locating and evaluating global suppliers
- Examples of the best practices in global sourcing
- Implications of global markets and strategic sourcing
- Identification and integration of appropriate e-sourcing tools
- Key legal considerations that assist in performance and compliance management