Product sourcing is the process of locating, purchasing, and acquiring products to meet the needs of a company. A product sourcing strategy helps companies identify where they can find the best, most affordable, and consistent products. There are many factors to consider when developing a product sourcing strategy, such as supplier quality, price, and volume....Read More

What Is Sourcing? Sourcing is the act of identifying or finding a product or service to be used in an organization. It can also refer to the process of locating a company or individual that can provide the desired product or service. In order to source products and services, organizations must first identify what they...Read More