Global Certificate in Sourcing: Driving New Product Development
-- ViewingNowThe Global Certificate in Sourcing: Driving New Product Development is a comprehensive course designed to equip learners with essential skills for successful product development and supply chain management. This certification focuses on the importance of strategic sourcing, innovation, and cost management in today's rapidly changing global market.
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โข New Product Development (NPD): Understanding the NPD process, including opportunity identification, concept generation, product design and development, and launch planning.
โข Global Sourcing Strategy: Developing a global sourcing strategy to support NPD, including supplier selection, evaluation, and management. Understanding the impact of globalization on product development and supply chain management.
โข Innovation Management: Managing the innovation process in a global context, including ideation, prototyping, and commercialization. Understanding the role of intellectual property protection in NPD.
โข Supplier Relationship Management: Building and managing effective supplier relationships to support NPD, including communication, collaboration, and risk management. Understanding the cultural and logistical challenges of working with global suppliers.
โข Global Quality Standards: Understanding and applying global quality standards to NPD, including ISO, Six Sigma, and Lean. Ensuring compliance with regulatory requirements in different regions.
โข Cost Management: Managing costs in a global NPD project, including material costs, labor costs, and logistics costs. Understanding the impact of currency fluctuations and tariffs on product costs.
โข Sustainable Sourcing: Incorporating sustainability principles into NPD and global sourcing strategy, including reducing carbon footprint, minimizing waste, and promoting ethical labor practices. Understanding the role of circular economy in NPD.
โข Project Management: Applying project management principles to NPD in a global context, including planning, execution, monitoring, and control. Understanding the role of virtual teams and cross-functional collaboration in NPD.
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