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January 28, 2025
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This course is part of Supply Chain Excellence Specialization
Instructor: Rudolf Leuschner, Ph.D.
2,553 already enrolled
Included with
(15 reviews)
Recommended experience
Advanced level
If you have no SCM experience, we recommend the introductory specialization, and you should have completed the prior two courses.
(15 reviews)
Recommended experience
Advanced level
If you have no SCM experience, we recommend the introductory specialization, and you should have completed the prior two courses.
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Supply Chains are made up of a network of companies from the initial raw materials to the ultimate consumer of the finished product. Within this network of companies, there are three ongoing flows: products, information, and finances. To properly understand and manage the supply chain, you need to understand all the flows. If you do not consider all of the flows, you will miss opportunities or sub-optimize parts of the supply chain.
The second of five courses in this specialization will focus on Sourcing Excellence. You will learn how the inbound flow of products, information, and finances into the company facilitates the supply chain. It will consist of four modules, which will cover the following topics: core sourcing elements; inbound information flow; supply chain financing; and finally the capstone case study. You will have lectures, readings, and discussions with your peers for each topic, as well as a practice quiz in each lesson. At the end of each module, you can put your knowledge to the test and take a graded quiz. The Capstone Analysis module contains a real-life case analysis, as well as a supply chain management project that will enable you to be an expert on a company of your choosing.
Sourcing manages the flow of raw materials that are required for the company to build its products. The main goals are to understand the main decision points of products entering the firm, as well as procurement decisions. The module is made up of three lessons: 1. Raw Material Inventories, 2. Quality, 3. Procurement Excellence. This is the second course in the Supply Chain Excellence Specialization.
11 videos8 readings4 assignments4 discussion prompts
This module will introduce you to procure-to-pay systems, which are one of the most popular types of systems companies are currently implementing. The other part of the module features some hands-on work. We will go over forecasting algorithms. If you had experience with forecasting or have successfully completed the Supply Chain Planning course, this will be a repetition and you can just skip to the quiz. Otherwise, it will be a nice introduction to forecasting.
13 videos15 readings8 assignments1 peer review1 discussion prompt
In this module, we will cover financial flows with suppliers. This includes how companies are trying to preserve their capital by extending payment terms, a tool called supply chain finance that can help provide liquidity in supply chains, and an overview of payment practices.
15 videos8 readings5 assignments3 discussion prompts
Now that we have reached the end of this course, it is time to put all of your new knowledge to the test. Not only will you be able to take a second attempt at your SCM project by improving your original submission and adding a new section on information flow. Finally, you will perform a quantitative analysis of a real-life business case and suggest improvements.
1 reading2 peer reviews
Rutgers the State University of New Jersey
Course
Rutgers the State University of New Jersey
Course
Rutgers the State University of New Jersey
Course
Rutgers the State University of New Jersey
Course
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Reviewed on Feb 6, 2024
This course was just perfect. My instructor taught everything so fluently and easily understandable way. I highly recommend this course.
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Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
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