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Strategic Sourcing Analytics

This course is cancelled

World has seen the growth of the businesses in different ways and different geographies. The cost of operations in developed countries is very high, however the opportunities of labor and material arbitrage are immense in developing nations. Developed world like America, Europe, Australia, Japan are now focusing more on experiential markets with technological revolution and focus on cost control. The developing countries like India, China, Philippines, etc. are focusing more on manufacturing and services at low prices. The extraction economies can be the key suppliers of raw material such as the African countries.

Businesses have grown in last 3 decades with strategies focusing on top line and business expansion. The improvement in internal and external operational efficiencies thereby controlling the bottom line has started driving the profits. The advances in computer processing speed and cost of data storage has brought the world to a stage where business analytics is becoming the need of the hour.

The techniques of decision sciences and optimization can enhance the resources utilization. So far most of these techniques are not used by the management professionals when they join corporate careers such as knowledge process industries, consulting, or research labs. The primary reason is that they do not gain sufficient confidence in their classroom learning of various modeling and cost control tools, that it takes years for the executives to reach implementation stage, but by then they are habitual of the other common transactional methods of executing the business.

The understanding of the market research, industry analysis, and supplier risk profile assessment are the key areas to understand the potential of outsourcing and off shoring to a remote geography. Organization can be seen saying that “Every dollar spent, should be spent professionally”. Have organizations truly applied this? The procurement analytics can play a vital role in impacting the bottom line. Spend analytics is an area which can be used to identify the potential areas of savings in an organization.

Exam info and full course description

Exam info and full course description can be found in the course catalogue.

Admission Requirements

Course specific:

A Bachelor’s degree in Business Administration or Business Economics or an equivalent degree. The students are advised to recall their fundamentals of supply chain and basics of analytics. Students may watch a few Youtube videos on introduction to MS Excel. Each student must be carrying a windows operating system-based laptop in each session.


Exchange Students: nomination from your home university

Freemovers: documentation for English Language proficiency

You can read more about the admission here.


Narain Gupta


Academic profile

Narain Gupta is a Professor at Management Development Institute Gurgaon.