What You'll Learn

• Understand the current global disruptions affecting the construction industry and their impact on material sourcing.
• Recognize the effects of disruptions on the material sourcing landscape and identify coping mechanisms for navigating global disruptions.
• Develop a disruption-resilient mindset to effectively navigate uncertainties in material sourcing.
• Conduct comprehensive risk assessments in material sourcing and utilize risk assessment tools and techniques.
• Identify potential risks in sourcing and develop strategies to mitigate and manage these risks.
• Build strategic relationships with suppliers based on defined criteria and effectively manage supplier performance.
• Balance supplier risks and benefits and adapt supplier strategies amidst global disruptions.
• Incorporate cost control measures in material sourcing and develop an efficient cost control system.
• Monitor and adjust cost controls in the face of global disruptions and explore cost control case studies.
• Analyze common logistics challenges in material sourcing and develop strategies to overcome them.
• Understand the impact of global disruptions on logistics and explore the role of technology in streamlining logistics.
• Build a resilient logistics system and examine case studies of successful adaptation to logistics challenges.
• Implement technology for streamlined supply chain management and utilize digital tools for inventory tracking and control.
• Leverage automation and emerging technologies such as AI and Machine Learning for predictive analysis in material sourcing.
• Examine the impact of technology on supplier relationships and explore case studies of technology application in supply chain management.
• Understand the importance of effective communication in material sourcing and develop negotiation skills.
• Communicate with suppliers in times of crisis and overcome communication barriers in international sourcing.
• Explore case studies of successful negotiation in material sourcing and envision the future of communication in this domain.
• Recognize the significance of forecasting in the construction business and learn techniques for predicting global market trends.
• Develop strategies for managing uncertainties in material sourcing and structure an effective disaster management plan.
• Understand the role of forecasting in long-term strategic planning for material sourcing.
• Explore case studies of successful foresight and planning in material sourcing amidst global disruptions.
• Gain insights into the legal landscape influencing material sourcing and understand international trade regulations.
• Navigate compliance and ethical issues in sourcing and assess the impact of regulatory changes on sourcing strategies.
• Explore case studies of regulatory enforcement impacting businesses and learn about seeking legal counsel and advice in material sourcing.
• Analyze case studies on successful material sourcing amidst global disruptions.
• Examine effective risk management strategies in material sourcing through case study analysis.
• Explore case studies of strategic relationships with suppliers and learn from their success stories.
• Analyze case studies of successful cost control in material sourcing in the face of disruptions.
• Learn from case studies of overcoming logistics challenges in material sourcing amidst global disruptions.
• Examine case studies of technology implementation for supply chain management and their positive impacts.