GLOBAL SOURCING

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Course Code: 
BAM 3107
Course Credit Units: 
3
Semester: 
Semester 1
Year of Study: 
Year 3
Undergraduate or Graduate Level: 
Undergraduate Level
Course Description & Objectives: 

This course explores current market dynamics driving current outsourcing trends and offers students the tools they need to better leverage global sourcing models into success across the enterprise. The course introduces the students to the need for global sourcing, Explorations of global institutions and the Development of global sourcing objectives and plans for a company The enables students to understand and mitigate the risks global sourcing strategies present to the larger organization, and how the company will perpetually firefight. The course exposes students to the full range of risks companies are faced through global sourcing strategies and offers methods for better measuring such risks and tools proven to be effective in mitigating risks. Course ObjectivesAt the end of this course, students should be able to:

  • Assess the need for global sourcing.
  • Explore global institutions
  • Understand the common failure points of most global sourcing strategies
  • Understand the top risks to global sourcing strategies
  • Understand methods for mitigating top risks in global sourcing strategies
  • Explore top drivers for global sourcing fulfillment models.
  • Gain an understanding of the shift in global labor.
  • Gain a full understanding of the magnitude of global sourcing strategies and the effort required to make such models work.
Learning Outcomes: 
  • Apply fundamental selection criteria for shifting projects, programs and functions to global sourcing model.
  • Develop global sourcing objectives and plans for a company.
  • apply core global sourcing models.
  • develop effective risk management and governance programs
  • Understand the impact of global sourcing on the entire enterprise (specifically employees) and what management needs to do in order to better prepare for a global sourcing model
  • develop an appropriate global sourcing model.
  • design a fundamental selection criteria for shifting projects and  programs.
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