Iscom 373 week 2 slides
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Iscom 373 week 2 slides Iscom 373 week 2 slides Presentation Transcript

  • ISCOM373 Global Sourcing & Procurement
  • Global Sourcing & Procurement
    • Purchasing Supply Chain Management
    • Domestic & Global Sourcing/Supplier Selection
    • Contract Negotiations & Cost/Price Analysis
    • Contract Administration & Supplier Management
    • E-Business & Future Opportunities and Challenges in Purchasing
  • ISCOM373 Week Two Domestic & Global Sourcing/Supplier Selection
  • Domestic & Global Sourcing/Supplier Selection
    • Insourcing vs. outsourcing
      • Core competencies
      • Cost analysis
      • Delivery analysis
      • Quality analysis
      • Technology capabilities
      • Human resource capabilities
  • Domestic & Global Sourcing/Supplier Selection
    • Steps for sourcing
      • Identify goods & services
      • Information gathering
      • Development of solicitation
      • Diversity sourcing requirement
  • Domestic & Global Sourcing/Supplier Selection
    • Steps for sourcing (cont.)
      • Bidding process
      • Evaluation of solicitation responses
      • Contract award
      • Supplier performance evaluation
  • Domestic & Global Sourcing/Supplier Selection
    • Global sourcing questions
      • Cost/price benefit
      • Access to product & process technology
      • Quality
      • Access the best sources available
  • Domestic & Global Sourcing/Supplier Selection
    • Global sourcing questions (cont.)
      • Introduce competition to domestic suppliers
      • React to buying patterns of competitors
      • Establish presence in foreign market
  • Domestic & Global Sourcing/Supplier Selection
    • Barriers to global sourcing
      • Resistance to change
      • Longer lead-times & material pipelines
      • Lack of knowledge of foreign business practices
      • Legal & regulatory
      • Techniques to overcome barriers
  • Domestic & Global Sourcing/Supplier Selection
    • Global sourcing considerations
      • Global sourcing strategies
      • Benefits
        • Cost or price benefits
        • Supplier responsiveness
        • Transition from domestic to global organization
  • Domestic & Global Sourcing/Supplier Selection
    • Global sourcing considerations
      • Global sourcing strategies
      • Benefits (cont.)
        • Access to technology
        • Only source available
        • Increase competitive position
  • Domestic & Global Sourcing/Supplier Selection
    • Global sourcing considerations
      • Risks
        • Currency exchange rate
        • Political uncertainty
        • Cultural differences
        • Logistics
        • Differences in legal systems
        • Import/export considerations