International Sourcing emerged initially as a reactive approach designed to reduce production costs and neutralize the threat of foreign competition, today leading-edge firms have shifted the focus of their international sourcing efforts to that of a proactive strategy that pursues sustainable competitive and advantages. The challenge of all purchase specialists and managers is to explore best practices in international sourcing that positively impact a firm’s competitiveness. This USMA certification preparation course focuses on the new tools of sourcing success, including e-commerce, and internet strategies; supply-chain management technology, including eRFx systems, auction sites, and bid optimization; strategic sourcing initiatives; offshore and international sourcing and guidance on supplier relationships and partnerships, opportunities for cost reduction, electronic and paperless management, global sourcing opportunities.
