Supply Chain & Operations Management

Supply Chain Sourcing Strategies

Developing effective sourcing activities is a fundamental requirement for achieving a fully integrated supply chain. Aligning its diverse components is a challenge, particularly as companies mature their sourcing capabilities. Supplier/customer alliances, multi-tier supplier management programs, procurement and sales relationships, supplier development programs, pull/demand flow inventory systems, and cross-functional teams and processes – these are just of few of the difficult issues they face.

Supply Chain Sourcing Strategies is a customized program that will help companies develop or continue to evolve sourcing strategies and tactics to more intensively manage their supply chain for competitive and cost advantage.

Program Topics

• Processes for formulating sourcing strategies
• Strategic sourcing versus traditional procurement
• Systems and processes for sourcing products versus services
• Spend analysis management
• Design collaboration
• Managing interrelationships between procurement and sales
• Establishing and managing a tiered supplier strategy
• Paper processes versus automation
• Supplier evaluation and agreement management
• Process flows
• Data management
• Procurement cards for small spending

Affiliated Research Areas: Supply Chain Resource Consortium (SCRC)
Affiliated Faculty