Single Sourcing

Knowledge Center





Summary, forum, best practices, expert tips and resources.

 

What is Single Sourcing? Meaning.


Single Sourcing is the traditional Japanese purchasing policy of using only one supplier to purchase certain components, products, product groups or services.

Key advantages of Single Sourcing when compared to Multiple Sourcing are:

  • May result in high level of co-operation with the supplier (Strategic Alliance).

  • Lower pricing due to consolidation of all requirements with one supplier.

  • May result in higher or more consistent quality.

  • Enabler for Just-in-time.

  • Frees up time to focus on buying other products or services.

  • Supplier may provide a range of value added services.

  • Lower administration, communication and negotiation efforts and costs.

  • Easier to track down the source of problems as well as affected products in the event of a quality issue or product recall.


Single Sourcing Special Interest Group


Special Interest Group (10 members)


Forum about Single Sourcing  

Discussions about Single Sourcing.


🔥 NEW Single Sourcing Cases and Examples
Hi, do you know of a remarkable case or an interesting example of the use of a single sourcing policy?Please share it by (...)
 
 
 
 

Best Practices about Single Sourcing

Here you find the most valuable discussions from the past.



Expert Tips about Single Sourcing

Here you will find advices by experts.



Information Sources about Single Sourcing

Here you will find powerpoints, videos, news, etc.



Compare with: Kraljic Model  |  Just-in-time  |  Co-Creation  |  Outsourcing  |  3rd Party Logistics (3PL)  |  Vendor Managed Inventory  |  Value Chain  |  Vertical Integration  |   Value Stream Mapping  |  Five Forces model

Special Interest Group Leader

Are you an expert in this field? Sign up for free


 
 

Return to Management Hub: Supply Chain & Quality


More on Management  |  Return to Management Dictionary  | 

 

This ends our Single Sourcing summary and forum.



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2020 12manage - The Executive Fast Track. V15.5 - Last updated: 7-7-2020. All names of their owners.