SCMP Online Module 6 - Global Sourcing - Spring 2022

Date:
Jul 06, 2022

Location:

Online

Time:
12:00 AM

COURSE DATE:

July 6 - August 24, 2022

LOCATION:

Brightspace - D2L Virtual Platform

BRIEF DESCRIPTION:

Join us for self-paced and self-study SCMP Online modules. We design our program keeping in mind the convenience of our accreditation candidates, most of who are working professionals and therefore value time alongside excellence in supply chain education.

The goal of this module is to help SCMP candidates become more acquainted with the issues and the strategy of global sourcing. This module is supported by a variety of articles on global sourcing, along with some websites on global business and economics.

KEY TAKE-AWAYS:

Upon completion of this module candidates should be able to:

  • Understand major issues of the global sourcing environment, such as barriers and facilitators to global sourcing, with special reference to low-cost country sourcing
  • Conduct a total cost of ownership (TCO) comparison, including pre-transaction, transaction and post-transaction costs and sourcing an item domestically versus from a low-cost country
  • Identify and discuss some critical business and social issues of sourcing from low-cost countries, including child labour and countertrade
  • Identify important issues in the NAFTA/USMCA sourcing environment, such as drivers and challenges to sourcing from Mexico and the United States
  • Discuss the role and function of intermediaries in global sourcing and compare the costs and benefits of indirect versus direct dealing in global sourcing
  • Recommend when to use various means of payment available to importers/buyers
  • Discuss the impact of currency exchange on global sourcing risk
  • Discuss intellectual property and threats to it, including piracy and counterfeit goods and understand other security issues, including hijacking, bottlenecks, and terrorism

INSTRUCTORS:

  • Simon Brown
  • Louis Girard
  • Matthew Miller

PRICE:

Regulation Registration

  • Member: $695.00 + Tax
  • Non-Member: $995.00 + Tax