Sourcing Logistics

Sourcing Logistics

Sourcing Logistics

oboloo’s Glossary

Sourcing logistics is a business term that refers to the process of procuring goods and services from suppliers in order to meet the needs of a company. It involves a range of activities, such as researching potential suppliers, negotiating contracts, and monitoring delivery schedules. The goal of sourcing logistics is to ensure that the right goods and services are delivered on time and at the right price. It also involves developing relationships with suppliers to ensure that they can provide the necessary goods and services in a timely and cost-effective manner. Sourcing logistics is a critical part of the supply chain management process, as it helps to ensure that the company has the necessary resources to meet customer demands. It is also important for businesses to develop a strategy for sourcing logistics that takes into account the current market conditions and the company’s specific needs. By doing so, companies can ensure that they are getting the best value for their money and that their suppliers are meeting their expectations.