Page 110 - E1 Integrated Workbook STUDENT 2018
P. 110

Chapter 8





                           Sourcing strategies







                           Sourcing strategy                                 Explanation

               Single sourcing                                The organisation chooses one source of
                                                              supply.

               Multiple sourcing                              The organisation chooses several
                                                              sources of supply.

               Delegated sourcing                             The organisation chooses one supplier
                                                              and this supplier co-ordinates and works
                                                              with other suppliers to ensure the supply
                                                              requirements are fulfilled.

               Parallel sourcing                              The organisation uses a mix of the three
                                                              approaches.




                  Illustrations and further practice



                  Now try TYU 3 from Chapter 8.






























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