Sourcing Analytics

Rutgers the State University of New Jersey via Coursera

Go to Course: https://www.coursera.org/learn/sourcinganalytics

Introduction

Sourcing intelligence to identify and select suppliers globally for critical components.

Sourcing analytics on comparing and benchmarking suppliers on pricing, risks and supplying capabilities.

Bargain power analysis to support better negotiation and bargaining with suppliers.

Syllabus

Welcome!

Welcome to sourcing analytics! Through the story of Apple's iPhone, you will learn some sourcing pain points, sourcing metrics and analytics framework, and the best practice of a sophisticated buyer.

Sourcing Criteria and Market Intelligence

In the second week, you will learn how to set the supplier selection criteria (to match the company’s needs). To identify potential suppliers, you will learn market intelligence to assess the trend, stability and competition intensity of the global markets.

Bargain Power and Supplier Analysis

In the third week, you will learn bargain power analysis to assess your and your suppliers’ leverages and bargain power. You will also learn supplier analysis to analyze individual suppliers’ capability, pricing, financial robustness and efficiency.

Supplier Score Sheets and Mini-project

This is the last week of Sourcing Analytics, you will wrap up all the analysis learned so far into supplier score sheets so as to select the best suppliers. You will perform a mini-project on sourcing intelligence.

Overview

It is easy to spend money, but hard to get the value. From 2007 to 2010, Apple made $27 billion from iPhone with a profit of $15.6 billion. Apple could not achieve this financial success without its global sourcing strategy. However, one of Apple’s key suppliers, Samsung Electronics, became a competitor and used its cost advantage to over-take Apple in the global market. Meanwhile, many new suppliers and products are emerging constantly. To continue the success, Apple must explore the global ma

Skills

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