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Global Sourcing

Course
GM0122
Master’s level
7,5 credits (ECTS)

About

Global sourcing is multifaceted; however, when broken down to its various components, a variety of relatively straightforward questions emerges: why, what, where, from whom, and how to source. After an introducing discussion of these questions, the course emphasizes the increasing level of volatility in the global environment - due to among others climate changes, geopolitical instability and disruptive technologies – and discusses the implication on companies' global sourcing strategies such as for example a potential trend away from global specialization and in the direction of less vulnerable multi-domestic structures. By highlighting contextual dynamics, the course offers an evolutionary and process-oriented understanding of global sourcing including aspects on an industry level - e.g., the evolution of outsourcing contracts from mainly input-based to output/outcome-based, or the implications of digitalization and automation on global sourcing.

The course also deals with the organizational dimension of sourcing, which includes a variety of different delivery models, commonly broadly distinguished as in-house/captive sourcing versus outsourcing, but also combinations of the two governance forms – such as joint ventures and build-operate-transfer sourcing arrangements. Whereas the course predominately focuses on large, multinational companies, also the global sourcing processes of small and medium/entrepreneurial companies are discussed and analyzed.

Finally, the course also discusses a variety of other challenges commonly related to global sourcing, such as challenges within logistics, knowledge transfer and human resource management.

Prerequisites and selection

Requirements

To be eligible for the course Global Sourcing, the participant must fulfil the entrance qualifications for the Master of Science programme in International Business and Trade or the Master of Science programme in Logistics and Transport Management. For programme specific entrance requirements, see programme syllabus.