FTMBA 2024_I Strategic Sourcing
The old saying {\uc1\u8220*}a penny saved is a penny earned{\uc1\u8221*} (Benjamin Franklin) is as up-to-date as ever. The increasing value percentage of purchased goods, the further opening up of global markets, highly volatile raw material prices, and the ever growing necessity to collaborate with suppliers already in the early phases of new product development underline supply management{\uc1\u8217*}s enormous leverage effect on overall company success. Supply management has thus become a key element in order to achieve competitive advantages.
Course code
MBA SCM542
Course type
FT MBA Course
Weekly Hours
2,5
ECTS
2.0
Term
FS 2023
Language
Englisch
Lecturers
Prof. Dr. Lutz Kaufmann
Please note that exchange students obtain a higher number of credits in the BSc-program at WHU than listed here. For further information please contact directly the International Relations Office.
Course content
1. Board Perspective - Strategic Positioning, Structures
2. Strategies for Material Groups / Categories - Leveraging Competition, Changing Demand, Cooperating & Managing Risks
3. Board Perspective - Performance Management & Implementation
2. Strategies for Material Groups / Categories - Leveraging Competition, Changing Demand, Cooperating & Managing Risks
3. Board Perspective - Performance Management & Implementation
Class dates
| Date | Time |
|---|---|
| Monday, 03.07.2023 | 13:15 - 16:30 |
| Tuesday, 04.07.2023 | 09:00 - 16:30 |
| Monday, 17.07.2023 | 09:00 - 16:30 |
| Tuesday, 18.07.2023 | 09:00 - 18:15 |
Learning outcomes
- To gain an appreciation of the strategic role of sourcing/supply management
- To acquire in-depth knowledge concerning major theories, concepts, and tools needed for successful sourcing/supply management
- To receive a set of practical tools to use in support of your supply management decision making
- To be able to apply these sourcing concepts and tools to specific contexts/situations
- To acquire in-depth knowledge concerning major theories, concepts, and tools needed for successful sourcing/supply management
- To receive a set of practical tools to use in support of your supply management decision making
- To be able to apply these sourcing concepts and tools to specific contexts/situations
Literature
Course package with readings and cases
Learningmethods
The course combines lecture parts / briefings, discussions, guest sessions, and case workshops
Exam
- 20 % Individual contributions (in-class participation & pre-class polls)
- 30 % Team contributions (in-class cases)
- 50 % Final in-class exam