Course Details
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ANSWER QUESTIONS OF INSOURCING V. OUTSOURCING
Dive into the ideas behind value creation and come away with the tools to successfully manage your supply chain. Translate the process of strategy to procurement to understand the "when," "where," and "from whom" of sourcing, plus how much to pay.
ENROLL IN THIS COURSE
Upcoming Sessions
Class Details
| Supply Chain Procurement and Sourcing |
Supply Chain |
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Date TBD |
Instructors TBD |
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| Supply Chain Procurement and Sourcing |
Supply Chain |
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What You'll Learn
Overview
- Translate the strategy to procurement: when and where do we source, from whom do we source, and how much do we pay
- Procurement in the corporate strategy
- Negotiation - learning curve
- Supplier selection
- Global sourcing
Quality and Supplier Performance
- Statistical process control
- Process capability
- Supplier performance management
- Vendor scorecards
- Learn tools for managing your supply base
Total Cost of Ownership
- Discuss the total cost of ownership
- Factors in evaluating cost to the organization
- Establishing value of competing quotes
- Decision tree analysis
- Cases - Harriman
Sourcing
- Insourcing versus outsourcing
- Off-shoring versus on-shoring
- Lease versus own
- Traps to outsourcing
Attending this Course
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Individuals
This course is appropriate for managers and leaders within the supply chain function of their organization looking to deepen their understanding of supply chain issues and advance their careers. It is also appropriate for executives and leaders of companies that depend on excellence in supply chain management for overall business success. -
Teams
Organizations often send pairs or small teams, to support the launch of new initiatives. -
Requirements & Credit
There are no prerequisites for this course. Participants earn 1.4 CEUs and/or 14 CPEs for this course, as well as a certificate of completion. Our classes are available for university credit. Please contact Elizabeth Krieg for more information.
Looking for University Credit?
Our classes are available for university credit. Please contact Elizabeth Krieg for more information.
Second to None Experience
The learning atmosphere and instructor expertise at Texas Executive Education is second to none. The class was incredibly relevant and jam packed with great information and tools. I would definitely recommend this course for any level individual that’s seeking to improve their skills and understanding of sourcing and procurement.
Instructor
Instructor
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Michael Hasler
Michael Hasler, PhD is a Lecturer at the Red McCombs School of Business at the University of Texas at Austin where he teaches both graduate and undergraduate courses on Operations Management and Procurement in the Information, Risk, and Operations Management department. He is now the Program Director for the new Master of Science in Business Analytics at McCombs.
Demonstrate Your Expertise with a Certificate
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Reimbursement Options
Learn more about course credits and options for course reimbursement. Get tips on the best way to approach your manager and download a customizable template to facilitate making the ask.
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Course Location
In person courses take place at the AT&T Executive Education and Conference Center and adjoining Rowling Hall on the UT campus in Austin. These world-class facilities provide a comfortable and convenient learning environment, with direct access to the 40 acres of campus and within walking distance of downtown Austin. Live online and on-demand course options are available for many courses.