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End To End Sourcing Process

oboloo Glossary

End To End Sourcing Process

End-to-end sourcing is the process of identifying and securing a reliable, cost-effective supply of goods and services. It starts with research to determine requirements and identify potential suppliers. From there, it progresses through evaluation, negotiations and agreement on pricing, quality and other terms, followed by actual sourcing decisions and purchasing. Along the way, end-to-end sourcing involves managing relationshipswith suppliers and ensuring compliance with standards and regulations while optimizing cost savings and performance outcomes. Such an approach allows organizations to find the right fit for their specific needs—allwhile helping them make informed, efficient choices when it comes to what they need and how they get it.

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