Course - Global sourcing and supply network management - AM510512
Global sourcing and supply network management
About
About the course
Course content
This course provides in-depth insight into the strategic and operational challenges of sourcing and supply network management in a global environment. You will learn how to make informed sourcing decisions, manage risks in volatile contexts, recognize ethical considerations, and communicate complex supply strategies effectively. By building practical and analytical skills, the course prepares you to manage sourcing processes and supply networks for public, private, and third-sector organizations worldwide.
Topics Covered
- Sourcing strategy and make-or-buy decisions
- Assessment tools for evaluating relocation alternatives
- Supplier selection and contract negotiations
- Entry and exit modes in international markets
- Ethics in global supply networks
- Managing operations in volatile global contexts
- Resilience and risk in global supply chains
- Best practices and case studies from industry
Learning outcome
Learning Outcomes
After completing this course, students will be able to:
- Apply key assessment tools and principles when making make-or-buy decisions in global sourcing.
- Recognize and evaluate ethical issues that may arise in international sourcing situations.
- Design strategic solutions for managing international operations in volatile or uncertain environments.
- Effectively communicate theoretical and model-based knowledge of global sourcing and supply network management to stakeholders in corporate, public, and third-sector organizations.
Learning methods and activities
The course consist of a combination of lectures, casework, discussions and presentations. The course is designed as three-hour lectures, each with one main topic. In each session, a lecture is combined with discussions of the core literature or a case. All required readings should be completed before the actual lecture. Guest lecturers will facilitate application of global sourcing concepts and theories to real-life business situations. Mandatory attendance is required during guest lecture sessions. If the candidate does not attend he/she must hand in a two page assignment covering the topic lectured in order to get access to take the school exam.
Further on evaluation
The course is structured around interactive seminars, industry guest lectures, and case-based group activities. Active participation is expected and we operate with mandatory attendance for all guest lectures.
Assessment is based on a mandatory group assignment (50%) and an individual written exam (50%). Both are graded A-F
Students who have legitimate reasons for an absence or have failed the written exam, can retake this exam the following semester/ term. In the event of a failed grade on the group assignment, the entire course must be repeated. If a student wants to improve an already passed grade, the entire course must be repeated.
Specific conditions
Admission to a programme of study is required:
Economics (MSØK)
Economics and Business Administration (ØAMSC)
Entrepreneurship (MENTRE)
Financial Economics (MFINØK)
Industrial Economics and Technology Management (MTIØT)
International Business and Marketing (860MIB)
Recommended previous knowledge
AE511211 International Business or a corresponding course (e.g., International marketing, International manufacturing, Procurement)
Required previous knowledge
This course is only available to students who have been admitted to the following programmes:
- Master in International Business and Marketing, at Department of International Business (NTNU Aalesund)
- Master in Business Administration, at Trondheim Business School (NTNU Trondheim)
- Master in Financial Economics, and Master in Economics, at Department of Economics (NTNU Trondheim)
- Master in Entrepreneurship
- Master in Industrial Economics and Technology Management, at Department of Industrial Economics and Technology Management (NTNU Trondheim)
Course materials
A selection of acknowledged articles derived from the fields of International Business and Global Supply chain management.
Subject areas
- Economics and Administration