Study Guide

Objectives

The course aims to provide basic understanding of sourcing and logistics processes and strategy in an international business context.

After completing the course, the student will be able to:
• understand the basic concepts of sourcing and logistics.
• recognize the importance of sourcing from sustainable suppliers.
• define supplier relationship management (SRM).

Content

The contents include the followings:
• Sourcing and logistics concepts and strategy
• Identification of needs (internal and external)
• Supplier vetting and SRM
• Procurement process, contract requirements

Prerequisites

None.

Assessment criteria, satisfactory (1-2)

Student recognizes the importance of sourcing for businesses. The student knows sourcing and procurement processes and can define supplier relationship management.

Assessment criteria, good (3-4)

Student understands the importance of sourcing for businesses and how it relates to logistics functions within the supply chain. The student knows sourcing and procurement processes and can define conventional supplier relationship management processes.

Assessment criteria, excellent (5)

Student understands the importance of sourcing for businesses and how it relates to logistics functions within the supply chain. The student can classify sourcing and procurement functions and can explain conventional supplier relationship management processes. Student is able to classify needs as they pertain to a business’s internal and external processes.

Further information

Implementation plan.