Monthly Subscription Starting at AED 99 + VAT
- Level Foundation
- Duration 10 hours
- Course by Rutgers the State University of New Jersey
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Offered by
About
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 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 markets to identify and select new suppliers that are capable, inexpensive and financially robust. The question is, how to do it right for this year? What Apple experienced is typical in practice, as a company may have thousands of suppliers, and numerous new suppliers and products / services emerge constantly and globally, which requires a frequent adjustment of the supply base. In this course, you will learn sourcing analytics which applies data analytics and business intelligence to supplier development and management. Specifically, you will learn market intelligence, bargain power analysis, and supplier analysis, to identify and select suppliers with the objective of getting more value with less spend.Modules
Course overview
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1
Videos
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2
Readings
1
Videos
- Course overview
2
Readings
- The Apple iPhone Story
- Is this course right for me?
Introduction to Sourcing Analytics
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3
Videos
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1
Readings
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1
Discussion
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1
Assignment
1
Assignment
- Week One Quiz
1
Discussions
- Share your buying experience
3
Videos
- Sourcing metrics and impact
- Sourcing analytics framework and weekly schedule
- Sourcing process: Naive vs. sophisticated buyers
1
Readings
- Sourcing metrics examples
Define Sourcing Criteria
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1
Videos
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2
Readings
1
Videos
- Matching sourcing criteria with the firm's strategic priority
2
Readings
- Supplier selection criteria examples
- Software instructions
Market Intelligence
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1
Videos
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1
Readings
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1
Assignment
1
Assignment
- Week Two Quiz
1
Videos
- Global Market Intelligence
1
Readings
- More on market intelligence
Software Tools Tutorial and Screenshots
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6
Videos
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1
Readings
6
Videos
- Introduction to GCPS
- Screenshots: Create a New Project
- Screenshots: Business GEOINFO
- Screenshots: Industry Analysis and Enterprise Diagnosis
- Screenshots: Navigator and Supply Chain Mapping
- Screenshots: Preview, Search and Cite
1
Readings
- Software Tools
Bargain Power Analysis
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1
Videos
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1
Readings
1
Videos
- Bargain power analysis
1
Readings
- Intuition, BPI calculation and examples
Supplier Analysis
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3
Videos
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1
Readings
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1
Assignment
1
Assignment
- Week Three Quiz
3
Videos
- Supplier analysis I – pricing and profitability analysis
- Supplier analysis II – financial health analysis
- Supplier analysis III – efficiency analysis
1
Readings
- Data interpretation for supplier analysis
Supplier Score Sheets
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1
Videos
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1
Readings
1
Videos
- From analyses to score sheets
1
Readings
- Score sheet example - from analysis to score sheets
Mini-Project
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1
Videos
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1
PeerReview
1
Peer Review
- Sourcing analytics project
1
Videos
- Project description
Auto Summary
"Sourcing Analytics" is a foundational course in Data Science & AI, offered by Coursera and taught by industry experts. It focuses on using data analytics and business intelligence for supplier development and management. Learners will explore market intelligence, bargaining power analysis, and supplier analysis to identify and select cost-effective and capable suppliers. The course duration is 600 minutes, and it is available through a Starter subscription. Ideal for professionals seeking to enhance their sourcing strategies.
Yao Zhao