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Global Sourcing

PMC106

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PMC106 - Global Sourcing

Prerequisites:

PMC105

A critical component of any procurement strategy, this course focuses on global sourcing. It is especially important today to integrate global sourcing decisions with inbound logistics and to consider total cost implications of global vs. domestic sourcing. The course examines low-cost country sourcing both from the point of view of barriers and facilitators. From Africa and Asia to Europe and Latin America, the student will learn about sourcing around the world, including NAFTA sourcing in the US and Mexico. This course also deals with types of intermediates (customs brokers, 3PLs and trading companies) as well as freight and payment terms. The student will gain the ability to evaluate global sourcing alternatives and to communicate in a cross-cultural context.


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