Corporate sourcing

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Corporate sourcing refers to a system where divisions of companies coordinate the

Duties of a corporate

1. Coordinating all activities related to procurement of a commodity beginning with intent to purchase through delivery
2. Analyzing the requirements of the commodity, including preliminary specifications, preferred supplier, and date commodity is needed
3. Soliciting and evaluating proposals for the requested commodity. Investigating and/or interviewing potential suppliers to determine if they meet the specified requirements.

Some of corporate sourcing agents: Richman Chemical, Onetouch, Worldwide Brands, SAOS

See also

• Second-tier sourcing

References

• Bussiek, T.: The Internet-based Supply Chain – New Forms of Procurement Utilizing Standard Business Software, in: Electronic Markets, 9, 3, 1999, pp. 147–152.
• Saeed, K.; Leitch, R.: Controlling Sourcing Risk in Electronic Marketplaces, in: Electronic Markets, 13, 2, 2003, pp. 163–172.

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