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:
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May result in high level of co-operation with the supplier (Strategic Alliance).
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Lower pricing due to consolidation of all requirements with
one supplier.
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May result in higher or more consistent quality.
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Enabler for Just-in-time.
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Frees up time to focus on buying other products or services.
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Supplier may provide a range of value added services.
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Lower administration, communication and negotiation efforts
and costs.
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Easier to track down the source of problems as well as affected
products in the event of a quality issue or product recall.
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Forum - Single Sourcing
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Discussions about Single Sourcing.
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Best Practices - Single Sourcing
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Here you find the most valuable discussions from the past.
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Expert Tips - Single Sourcing
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Here you will find advices by experts.
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Resources - Single Sourcing
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Here you find powerpoint presentations, micro-learning videos and further information sources.
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Compare with: Kraljic
Model | Just-in-time
| Co-Creation
| Outsourcing |
3rd Party Logistics (3PL)
| Vendor Managed Inventory
| Value Chain |
Vertical Integration
| Value Stream Mapping
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Five Forces model
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Special Interest Group Leader
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