All prices are in Canadian dollars.

M6 - Global Sourcing

Date:   May 10, 2021 - Jun 28, 2021
Time:   6:30 PM (CDT)
Location:   Virtual Online - Instructor Led (Manitoba)

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. Candidates will do a variety of individual and group activities including in-class discussions and case studies.

Upon completion of this module, candidates will 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 of sourcing an item domestically vs. 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 sourcing environment, such as drivers and challenges to sourcing from Mexico and the United States.
  • Estimate or project the impact of national politics, currency rates, oil prices, etc. on the viability of NAFTA sourcing.
  • Determine the role of trade corridors and inland ports as facilitators to NAFTA trade.
  • 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 direct or indirect distribution and (if indirect) a type of intermediary to support a specific global sourcing scenario.
  • Describe the purpose and characteristics of the Incoterms® 2010, and 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.
  • Identify risks and challenges associated with supply chains and sourcing in China, India, Latin America and Africa.
  • Develop a supply chain methodology to support the sourcing of a product from a foreign country

SCMA Manitoba and ASCM Winnipeg Members

  • $495.00






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