This week’s topics
Strategic and Operational Supply Chain Decisions
- Strategic sourcing versus operational replenishment
- Make-or-buy and outsourcing decision models
- Total cost of ownership (TCO) evaluation
- Supply base rationalisation and risk assessment
- Week 03: Lecture 13: Procurement Strategy (Make Vs Buy)
- #38 Outsourcing Decisions | Part 1 | Strategic Sourcing
What you will be able to do
- 2.3 Evaluate the operational and strategic supply chain decision process in strategic procurement in business management.
Activity
Start with this week’s 2 videos, then: Seminar, guided reading and a short written task: evaluate the operational and strategic supply chain decision process in strategic procurement in business management.
Study materials
Videos
- Supply Chain Models in Action - with MIT and Intel · YouTube · MIT Center for Transportation & Logistics · 57 min · for registered students
- Optimizing supply chains to meet stakeholder needs · YouTube · MIT Center for Transportation & Logistics · 33 min · for registered students
- What are Outsourcing Strategies? | Strategic Management | From A Business Professor · YouTube · Business School 101 · 9 min · for registered students
- How to Source Products? Strategic Sourcing explained (Case studies of Walmart, Ikea and Zara) · YouTube · Marketing91 · 9 min · for registered students
Further resources
- The Sourcing Playbook (UK Government Commercial Function) · PDF · GOV.UK, guidance; 78 pages · for registered students
- Procurement in the Supply Chain World, ch.: Insourcing, Outsourcing, Making, or Buying · Reading · Other, textbook chapter; PDF pp. 98–112 · for registered students
- Delivery model assessment guidance note (UK Government Commercial Function) · PDF · GOV.UK, guidance; 32 pages · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
