Sourcing in Supply Chain Management

In supply chain management, no phase is more critical than the planning stage. It’s here that the roadmap to effective, efficient business performance is carved-out from scratch. The planning stage involves strategically determining what you’re going to need, how you’re going to get it, what you’re going to do with it and how it’s going to benefit your business. It’s about leaving nothing to chance, but instead factoring in every possible variable and contingency. The more professional and viable the plan, the higher the likelihood of the resulting strategy’s success.

This exclusive tutorial focuses on the earliest planning and sourcing in supply chain management. Learn how to forecast and plan for demand, study a series of forecasting methods and find out where inventory management fits into planning and sourcing. Explore key procurement issues, credit and collections, the relationship of cost structure to pricing and many more key planning issues.