Single Sourcing

Knowledge Center

   

Description of Single Sourcing. Explanation.

 

Definition Single Sourcing. Description.


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.


Special Interest Group - Single Sourcing


Special Interest Group (10 members)


Forum - Single Sourcing  

In the forum section you will find recent discussions within this knowledge area.


  Single Sourcing Cases and Examples
Hi, do you know of a remarkable case or an interesting examp...
 
 
 
 

Best Practices - Single Sourcing

In the best practices section you will find the best forum discussions within this knowledge area.



Expert Tips - Single Sourcing

In the expert tips section you will find advices from experts within this knowledge area.



Resources - Single Sourcing

In the Resources section you will find powerpoint presentations, micro-learning videos, articles, news items, etc. within this knowledge area.


 

News about Single Sourcing


     
 

Videos about Single Sourcing


     
 

Presentations about Single Sourcing


     
 

Books about Single Sourcing


     
 

More about Single Sourcing


     

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

You here? 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
2019 12manage - The Executive Fast Track. V15.0 - Last updated: 20-6-2019. All names of their owners.