Concept information
Preferred term
global sourcing
Definition
- In the manufacturing industry, sourcing decisions refer to decisions about whether to make or buy the component parts that comprise the final product. If a firm decides to make the component parts, the firm will have its own plants and vertically integrate into the manufacture of the firm's own component parts. [Source: Encyclopedia of Sports Management and Marketing; Global Sourcing]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/global_sourcing
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