ࡱ> AC@ Gbjbj <)7H H 84HG!#p'''''frƔf20:,Y$jY$fY$f(hbJ<?''''Y$H Q:  GROSSMONT COLLEGEPRIVATE  Official Course Outline BUSINESS 252 - GLOBAL SOURCING, BUYING AND MANUFACTURING 1. Course Number Course Title Semester Units Hours BUS 252 Global Sourcing, 1.5 1.5 hours lecture Buying and Manufacturing 2. Course Prerequisites None. Recommended Preparation None. 3. Catalog Description A course on locating and obtaining goods and services used for international trade. Sourcing on the Internet, the National Trade Data Bank and other computer-aided techniques for locating goods and trading partners are covered. Contracts, shipping terms and methods of payment are reviewed. The use of contract or offshore manufacturing facilities such as maquiladoras is discussed. 4. Course Objectives The student will: a. Compare and contrast alternative methods of locating products using computer-aided sourcing techniques such as the Internet and NTDB. b. List the steps to be taken in preparing or responding to a request for quotation. c. Differentiate between buying on an FOB basis and a CIF basis. d. Analyze foreign exchange tables, duties, export licensing requirements. e. Computer the cost advantages of using a contract or offshore manufacturing facility. f. Describe the various regions of the world where contract manufacturing is undertaken. 5. Instructional Facilities Standard classroom. 6. Special Materials Required of Student None. 7. Course Content a. Sourcing products and finding trading partners. (1) Use of the NTDB. (2) Use of the Internet. (3) Use of the Thomas Register. (4) Department of Commerce Services. (5) Trade associations, consulates and other sources. BUSINESS 252 - GLOBAL SOURCING, BUYING, AND MANUFACTURING page 2 7. Course Content continued b. Obtaining goods and services. (1) Requests for quotation. (2) Purchase orders and pro-forma invoices. (3) Review of INCO terms. (4) Types of letters of credit. (5) Other methods of payment. c. Maquiladoras, offshore and other contract manufacturing. (1) Advantages and disadvantages of contract manufacturing. (2) Maquiladoras. (3) Sheltered versus direct operation. (4) Asian contract manufacturing. 8. Method of Instruction a. Lecture. b. Classroom discussions. c. Group projects. d. Guest speakers. 9. Methods of Evaluating Student Performance a. Quizzes. b. Major sourcing project. c. Written final exam. 10. Outside Class Assignments a. At least one visit to the computer area of the LRC to review the computer and other research tools available. b. A sourcing project will be assigned. c. Reading assignments from the texts. 11. Texts a. Required Text(s): (1) Exporter's Guide to the National Trade Data Bank. U.S. Department of Commerce, 1996. (2) Walsh, Jeannine C. International Internet Resources. U.S. Department of Commerce, San Diego District Office, 1997. b. Supplementary texts and workbooks: None. Addendum: Student Learning Outcomes Upon completion of this course, our students will be able to do the following: Evaluate legal and cultural requirements associated with the international movement of goods and services. Evaluate and select competitive international supply chain options such as products, manufacturers, transportation, insurance and finance in order to maximize organizational profitability. Demonstrate knowledge of US Customs documentation and legal procedures to facilitate rapid Customs clearance and movement of goods. Analyze and apply trade data and statistics in international business and recognize new global business trends. Date approved by the Governing Board: 6/98    7:rx  1 ? 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