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Global Supply Chain Sourcing & Procurement

Credits: 3
Course Number: 10-138-166

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Course Description

10-138-166 GLOBAL SUPPLY CHAIN SOURCING AND PROCUREMENT ...explore the process of identifying, qualifying and negotiating the purchase of goods and services from global sources of supply. Learners will examine the combination of cultural, logistical and financial factors encountered when purchasing offshore. Course competencies include an understanding of Incoterms, the harmonized system, import procedures, methods of payment, and conflict resolution. Course competencies align with the CGBP domain #3 and selected task skills from domain #1.

What will I learn?

  1. Investigate strategic global sourcing opportunities for meeting customer requirements
  2. Investigate tactical global procurement processes for meeting customer requirements
  3. Minimize risks related to use of global suppliers
  4. Examine international conventions and international conditions of contract as they relate to sourcing and procurement
  5. Facilitate offshore procurement processes
  6. Manage sourcing and procurement order processes for import
  7. Complete the documentation required for international sourcing and procurement
  8. Validate forecasts against historical data and projected market conditions
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