Sourcing
About this Module
Purchased parts often represent 50%–75% of the value of a firm’s final produced product. As such, sourcing decisions have a huge influence on firm profitability. This module explores those decisions, including common sourcing strategies. You will learn important considerations and techniques for selecting suppliers. You will explore different forms of supplier contracts and the important role that negotiations and professional communication play in supply chain contracting.
Overview
Modality
Online
Format
Asynchronous
Pricing
$398.00
Explore Our Online Certificate Program Offering
Finance Certificate
This certificate provides a comprehensive exploration of supply chain management, examining how companies transform raw materials into finished products delivered to end consumers. It covers strategies and tactics for optimizing supply chains, including developing supplier networks and designing efficient logistics systems. The course also addresses the identification and management of supply chain risks. Through hands-on exercises and Excel-based applications, it emphasizes the application of quantitative techniques to support informed and effective supply chain decision-making.
- Length: 5 online modules
- Format: Fully online, asynchronous, and self-paced to support flexible learning
- Recognition: Shareable digital badges earned per module; full certificate awarded upon completion
