Supply Chain Management

SCM 4351

Strategic Source and Spend Analysis

Course Purpose

Course provides an in-depth application of the management of the strategic sourcing process including total spend analysis, supplier rationalization, and dynamic analytic models.

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Expected Learning Objectives

Selection of Topics Covered:

  • Sourcing Strategies, spend and total cost analysis techniques
  • Geographical complexity in sourcing decisions
  • Demand aggregation, supplier rationalization, and leverage spend
  • Developing sourcing contracts
  • Vendor rationalization and enrichment
  • Direct and indirect spend strategies
  • Creating and managing sourcing dashboards
  • Supplier diversity initiatives
  • Supplier optimization strategies

Course Pedagogy and Immersive/ Experiential Activities

The highlights of this course are Strategic Sourcing Case Competitions sponsored each semester by Bauer College of Business Corporate Partners. These organizations provide recent and relevant sourcing challenges at their companies and teams of students comprehensively analyze corporate data and systems, recommending strategies and solutions to improve corporate performance. Top teams in each competition are advanced to an executive review at the corporate headquarters for these two companies. Often, these performance-based networking opportunities result in internship, co-op, and full-time job opportunities.

Grades are typically determined by performance in each Strategic Sourcing Case Competition and two exams.