IBA-CEE at IBA hosted a two days' workshop on 'Global Sourcing: Using Gamification on August 8 & 9, 2019'
This workshop was designed to develop Operational, Tactical, as well as Strategic level knowledge of "Global Sourcing". It exposed the participants to the best practices, drivers, barriers, models, tools, financing and payment methods, and stakeholders (such as importers, exporters, banks, customs, freight forwarders and NVOCCs) involved in global sourcing. This workshop not only focused on abstract global sourcing but also enabled the participants to learn it by experience via "Gamification" – i.e. advanced simulations that are more than theory and are proven effective pedagogical tool. This applicative nature of the workshop provided an opportunity for companies and participants interested in developing effective global sourcing skills to aim for "Sourcing Leadership". Another advantage was, the exposure to content backed by globally renowned sourcing bodies (such as CIPS, UK and ISM USA) along with lots of local and global cases.
Following Topics were covered in this workshop:
Context: Sourcing and Supply Chain Management; Strategic nature of Sourcing Decisions. [remember]
Sourcing: Achieving Strategic, Tactical and Operational Alignment with Sourcing; Local versus Global Sourcing Strategy: Current Paradigms, Models, Issues and Best Practices; International Trade: Tariff, Financing & Barriers. [understand]
Global Sourcing Process: Source-to-Settle Process (S2S); Supplier Evaluation & Selection; Supply Market Analysis; Import Policy & Procedure; Stakeholders in Global Sourcing; Import Financing; Step-by-step Import Process; Managing Supplier Relationships and Supplier Quality in Global Sourcing; Transportation & Packaging in managing the Global Pipeline. [understand & apply]
Approaches: Kralijic Matrix; TCO /TCA /Landed Cost Calculations; Spend Analysis; Reverse Auction; Foreign Supplier's Quality Assurance; Performance Measurement of Import Process. [apply, analyze & evaluate]
Multi-Year Global Sourcing Experienced Faculty Members taught in this workshop:
Mr. Faisal Jalal, Certified Supply Chain Specialist, CQSSBB, Ex-Head of Supply Chain of renowned Local, JVs and MNC, CEO Sinofeng Pakistan Pvt. Ltd. and Visiting Faculty at IBA Karachi.
Dr. Rameez Khalid, Ex-Chairperson Procurement & Consultant Selection Committee of IBA, Certified Professional in Supply Management (III), CQSSBB, PMP, Director SCM Program and Assistant Professor at IBA, Karachi.
As per the feedback received from the program participants, the overall rating of the course remained 4.5 on the scale of 5.
It was an excellent learning experience.
Maria Mehwish, Sourcing Specialist, Khaadi
Our experience to do this course was excellent.
Adil Ather, Quality Assurance Specialist, Khaadi