Sourcing

Sourcing

In business, the term 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
*Co-sourcing, a type of auditing service
*Low-cost country sourcing, a procurement strategy for acquiring materials from countries with lower labour 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 and individuals to streamline or initiate procurement practices

In journalism, it can also refer to:
*Journalism sourcing, the practice of identifying a person or publication that gives information
*Single sourcing, the reuse of content in publishing

In computing, it can refer to:
*Open-sourcing, the act of releasing previously proprietary software under an open source/free software license
*Power sourcing equipment, network devices that will provide power in a Power over Ethernet (PoE) setup


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Look at other dictionaries:

  • sourcing — ▪ I. sourcing sourc‧ing [ˈsɔːsɪŋ ǁ ˈsɔːr ] noun [uncountable] MANUFACTURING the job or activity of getting supplies of goods, especially ones that are used to make other goods: • The company is stepping up its sourcing of components from India… …   Financial and business terms

  • Sourcing — Le sourcing est un terme anglais utilisé dans les achats et les RH pour désigner le fait de trouver soit des fournisseurs soit des candidats. Le terme vient du verbe anglais To Source . Sommaire 1 Achats 2 RH 3 Services informatiques 4 V …   Wikipédia en Français

  • sourcing — /sawr sing, sohr /, n. Econ. the buying of components of a product from an outside supplier, often one located abroad: Foreign sourcing in the auto industry has eliminated jobs. Cf. outsourcing. [SOURCE + ING1] * * * …   Universalium

  • sourcing — / sɔ:sɪŋ/ noun the process of finding suppliers of goods or services ● The sourcing of spare parts can be diversified to suppliers outside Europe. ⇒ outsourcing …   Marketing dictionary in english

  • sourcing — /sawr sing, sohr /, n. Econ. the buying of components of a product from an outside supplier, often one located abroad: Foreign sourcing in the auto industry has eliminated jobs. Cf. outsourcing. [SOURCE + ING1] * * * sourcˈing noun • • • Main… …   Useful english dictionary

  • Sourcing (personnel) — Sourcing in personnel management work refers to the identification and uncovering of candidates (also known as talent) through proactive recruiting techniques. Historical context The evolution of recruiting has changed significantly over the last …   Wikipedia

  • sourcing — noun the supply of resources needed by a business process …   Wiktionary

  • sourcing — n. purchasing of products or services from external suppliers sÉ”rs /sɔːs v. originate from; reveal the origin of something; obtain from a particular supplier n. origin; starting point; source code (Computers) …   English contemporary dictionary

  • Dual Sourcing — Die Beschaffungsstrategie als Teil der Materialwirtschaft eines Unternehmens legt mittelfristig die Verteilung der Beschaffung von Gütern und Dienstleistungen auf einzelne Lieferanten fest. Zentrales Ziel einer Beschaffungsstrategie ist die… …   Deutsch Wikipedia

  • Forward Sourcing — Die Beschaffungsstrategie als Teil der Materialwirtschaft eines Unternehmens legt mittelfristig die Verteilung der Beschaffung von Gütern und Dienstleistungen auf einzelne Lieferanten fest. Zentrales Ziel einer Beschaffungsstrategie ist die… …   Deutsch Wikipedia

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