SCHM 6414 — Sourcing, Procurement, and Negotiations
4 semester hoursGraduateLecture
Explores the evolving landscape of strategic sourcing and advanced supplier management processes. Emphasizes cutting-edge technologies, sustainable practices, and ethical considerations. Examines modern strategic sourcing, blending theoretical and conceptual grounding with practical applications. Presents how to integrate sustainability into sourcing practices, focusing on minimizing environmental impact and promoting ethical supply chains. Analyzes supplier management processes including negotiation, contract management, relationship management, innovation sourcing, supplier development, supply risk management, corporate social responsibility, and international supplier considerations. Integrates both theoretical frameworks and practical applications to offer students an opportunity to obtain a deep understanding of how to effectively develop a sourcing strategy and manage suppliers in a dynamic environment.