Manage in and out sourcing – Supply Chain Management Online Short Course

COURSE OBJECTIVE

A learner completing this course will be able to:

• Analyse the key elements of in and out sourcing.
• Manage the process to take a make-or-buy (in sourcing/outsourcing) decision.
• Evaluate the effectiveness of in and out sourcing.
  

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WHAT YOU WILL LEARN:

• Analyse the key elements of in and out sourcing.
• The need to optimise input cost are assessed to determine its influence on in and out sourcing.
• The underlying purpose of the make-or-buy (in/outsourcing) decision is evaluated to assess its impact on in and out sourcing.
• The outsourcing decision is analysed to determine if it presents opportunities for developing the disadvantaged business community.
• The key concepts of in and out sourcing are critically analysed to determine their relationship with each other.
• key concepts include but are not limited to the difference between in sourcing, outsourcing, subcontracting and make-or-buy decisions.
• Manage the process to take a make-or-buy (in sourcing/outsourcing) decision.
• A systematic process for a make-or-buy (in/outsourcing) decision to be made is determined.
• The make-or-buy (in sourcing/outsourcing) decision is made by conducting an analysis of the advantages and disadvantages of outsourcing.
• Cost factors are identified and assessed to determine how they impact on the make-or-buy decision.
• A make-or-buy analysis is conducted with real cost figures.
• Recommendations are made based on a make-or-buy (in/outsourcing) analysis.
• Evaluate the effectiveness of in and out sourcing.
• The in and out sourcing process and factors influencing the “make-or-buy” (in/outsourcing) decision are evaluated to determine their contribution to the supply chain.
• Tactical and strategic factors influencing the outsourcing decision are examined.
• The implications of and the arrangements associated with the outsourcing decision to the organisation are recognised.
• The administration of the outsourced activities is measured and evaluated to determine areas for improvement.
  

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COURSE DELIVERY

The course is delivered through the School of Shipping Learning website and allows you to study at your own pace (recommended duration 8 weeks). You may begin and register any time. A Subject Matter Expert and will provide you with academic support through the learning website and a Course Coordinator will also be available on email and telephone to provide you with administrative support.

ASSESSMENT AND AWARD OF THE CERTIFICATE

You are not required to write any exams as a formative and summative assessment is completed online. You will need to achieve a mark of at least 60% for each assessment to receive the certification. Should you not gain competency on your first attempt one more resubmission will be allowed at no additional cost.

ENTRY REQUIREMENTS

The only entry requirement for this course is a desire to learn and advance your career.
In order to do this course, you will need:

• An email account
• Access to a computer and the internet
• Be able to open and read PDF documents
• Read and write in the English language