World Library  
Flag as Inappropriate
Email this Article

Corporate sourcing

Article Id: WHEBN0006074982
Reproduction Date:

Title: Corporate sourcing  
Author: World Heritage Encyclopedia
Language: English
Subject: Corpocracy, Corporate pathos, Corporate appointeeship, Supply chain management, Corporate synergy
Collection: Supply Chain Management
Publisher: World Heritage Encyclopedia

Corporate sourcing

Corporate sourcing refers to a system where divisions of companies coordinate the supply chain, purchasing/procurement, and inventory function. This enables bulk discounting, auditing, and Sarbanes-Oxley compliance.

Duties of a corporate sourcing agent include:

  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


  • 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.

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.