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
Who should attend
- Purchasing practitioners, including buyers, agents and managers
- Individuals involved in the contracting of or negotiating for goods and services both domestically and internationally
“John is an extremely knowledgeable, dynamic presenter and a very valuable asset to the program.”
Kathy Hanlin, Contract Administrator/Buyer, Michigan State University, East Lansing, MI
“Good, real-life examples kept the material relevant.”
Michael Placzek, Manager of Finished Goods Sourcing, Elkay Manufacturing Company, Oak Brook, IL
“All of the classes I have taken through the University of Wisconsin-Madison Executive Education have been beneficial to me in some way. I found the ‘Strategic Global Sourcing’ course in the Purchasing program particularly helpful, as it is an area my teammates and I are required to work within the procurement chain. The knowledgeable instructors helped me better understand the types of items, components and services that could sensibly be moved offshore. I also learned what factors should be considered when making the decision to source domestically or globally, as not everything should logically be sourced offshore. Since taking this course, I was assigned a new project: source all of the components for a specific product. It was a perfect opportunity for me to bring my newfound sourcing skills to the table, and I felt very confident using them.”
Jennifer Emond, Senior Buyer, New Product Development, Sub-Zero, Inc./Wolf Appliance, Inc., Madison, WI
“This is the very best executive education experience I’ve ever attended. The faculty, handouts, staff and facilities are all top notch. More importantly, the subject matter was well presented, very relevent and current. The information will be very helpful to me as I direct my company on our journey towards excellence in Strategic Global Sourcing. Great course!
Overall, the program made me “think” and kept me fully engaged and interested for all 3 days.”
Darryl T. Hubbard, CPIM, Global Procurement Manager, IDEXX Reference Laboratories, Westbrook, ME
The University of Wisconsin–Madison, as a member of the University Continuing Education Association (UCEA), authorizes this course for 2.1 Continuing Education Units (CEUs) or 21 hours.
dtransue@exed.wisc.edu