Sourcing Methods: Philosophy and Practice

by Bhuvan Unhelkar

This Executive Report by Bhuvan Unhelkar discusses sourcing as a formal business strategy that enables organizations to focus on their core competencies and alleviates pressure to carry out all of their business activities themselves. The philosophical background of sourcing, which is the existence of economic entropies and the global communications capabilities to transcend the walls dividing those entropies, is underscored. The report also places the challenges and advantages of sourcing in a practical context, provides a process for executing smart sourcing strategies, and examines their cross-domain impacts.

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Sourcing Methods: Philosophy and Practice1 August 2008