sourcing (B2)
noun
Pronunciation: /ˈsɔːrsɪŋ/
Definition
The action or process of obtaining goods, services, or information from an external source.
Examples
The company is focused on ethical sourcing of its raw materials.
Effective sourcing of talent is crucial for business growth.
We need to improve our sourcing strategy to reduce costs.
How to Use sourcing
- sourcing of (prepositional phrase)
- The process of obtaining something from a particular source or type of source. — "The sourcing of rare minerals is a complex process."
- sourcing strategy (collocation)
- A plan for how to obtain goods, services, or information. — "We need to develop a new sourcing strategy for our components."
Synonyms of sourcing
Words with a similar meaning to sourcing:
Antonyms of sourcing
Words with the opposite meaning to sourcing:
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