10636 Scripps Summit Court, Suite 132
San Diego, CA 92131 | (858) 381 5188
info@eBonsella.com | Other Locations
Home Engineering Manufacturing Customers Social Page

The word sourcing refers to a number of procurement practices, aimed at finding, evaluating and engaging suppliers of goods and services:

  • Global sourcing, a procurement strategy aimed at exploiting global efficiencies in production.
  • Strategic sourcing, a component of supply chain management, for improving and re-evaluating purchasing activities.
  • Sourcing (personnel), the identification of job candidates through proactive recruiting technique.
  • Low-cost country sourcing, a procurement strategy for acquiring materials from countries with lower labor and production costs in order to cut operating expenses.
  • Corporate sourcing, a supply chain, purchasing/procurement, and inventory function
  • Second-tier sourcing, a practice of rewarding suppliers for attempting to achieve minority-owned business spending goals of their customer
  • Netsourcing, a practice of utilizing an established group of businesses, individuals, or hardware & software applications to streamline or initiate procurement practices by tapping in to and working through a third party provider.
  • Inverted Sourcing, a price volatility reduction strategy usually conducted by procurement or supply-chain person by whom the value of an organization's waste-stream is maximized by actively seeking out the highest price possible from a range of potential buyers exploiting price trends and other market factors.
  • Multisourcing, a strategy that treats a given function, such as IT, as a portfolio of activities, some of which should be outsourced and others of which should be performed by internal staff.
  • Crowdsourcing, using an undefined, generally large group of people or community in the form of an open call to perform a task.
<empty> <empty>

eBonsella Facebook Profile           eBonsella LinkedIn Profile           eBonsella Twitter Profile