engleski

Strategic Sourcing in Supply Chain Management - Contemporary Models of Sourcing Strategies

Sourcing is one of four key groups of activities in the modern supply chain management (Plan - Source - Make - Deliver) whose significance is growing each day due to today's highly variable economic conditions and even more unpredictable demand. Sourcing activities are seen through a phases of strategic sourcing process as a key process of supply chain management. The most important stage of the strategic sourcing process is the selection of sourcing strategies that will affect all other activities at the firm. In the last twenty years there has been development of numerous variations of sourcing strategies that reach the full range of complete insourcing to complete outsourcing of a manufacturing or service processes. The goal of this paper is to highlight the growing importance of choosing proper sourcing strategies, and to offer for consideration contemporary models of sourcing strategies, their main advantages and disadvantages, and recommendations for implementation.

sourcing, supply chain management, sourcing strategies models, insourcing, outsourcing

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