This can also be done by migrating operations abroad or partnering with a domestic supplier. Both back and front office functions can be outsourced.
This type of sourcing involves you delegating a job to someone or a team within the company.
This involves placing some of your operations close to where your end-products are sold.
LCCS involves sourcing materials from countries with lower labor and production costs.
Responsible sourcing has become a hot topic in today’s global supply chain market. This type of sourcing is a voluntary commitment by companies to consider social and environmental considerations when managing their relationships with suppliers.
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