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CCOG for MSD 227 Winter 2022

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Course Number:
MSD 227
Course Title:
Global Sourcing & Product Development
Credit Hours:
3
Lecture Hours:
30
Lecture/Lab Hours:
0
Lab Hours:
0

Course Description

Examines global sourcing strategies in supply chain management with a global context. Includes contract administration, cost analysis, product development and supplier selections. Explores strategic sourcing concepts and principles in product/commodity sourcing as pursued by leading edge firms. Audit available.

Intended Outcomes for the course

Upon completion of the course students will be able to:

  • Use an understanding of the global sourcing process, including green sourcing and ethical and sustainability issues to support best practices in line with corporate/social responsibility.
  • Apply knowledge of the product development process from a supply chain management perspective to design the most timely and cost effective process.
  • Examine key supplier identification criteria and the steps used to develop a supplier evaluation selection survey in support of a company’s total quality objectives. 
  • Conduct a detailed analysis of a business sourcing problem that involves identifying challenges and possible solutions.

Outcome Assessment Strategies

  • Various individual and/or group skill-building activities such as case studies, role-plays, or other exercises geared toward critical analysis of course concepts.
  • Written assignments or oral reports designed to integrate course material into personal experience or experiences of others.
  • Exams comprised of essay and/or objective questions, or an individual and/or team project or paper which requires integration, application, and critical examination of course concepts, issues, and themes

Course Content (Themes, Concepts, Issues and Skills)

COMPETENCIES/SKILLS

  • Communication skills in the global context
  • Analytical skills
  • Negotiation skills
  • Quality management
  • Project management

CONCEPTS, THEMES, ISSUES

General Concepts

  • Supplier selections
  • Sourcing strategies
  • Cost analysis
  • Product development

 Themes:

  •    Understand the process of product development and supplier selection
  •    Ethical and sustainability issues impact global sourcing practices and decision. 

Issues:

  •    Understand current sourcing trends and methods
  •    The impact of sourcing decisions related to new product development