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In simple term, product sourcing can be defined as finding products to sell out through a business or a company. It also refers to buying products from the domestic or international wholesale market and selling them to get profit. It is very much effective for internet sellers.
There are many methods of product sourcing
1. Volume Wholesale Sourcing
2. Overstock Purchasing
3. Drop Shipping
4. Importing Products
5. Liquidation Buying
Wiki User
∙ 7y ago
Wiki User
∙ 7y agoThe term sourcing refers to a number of procurement practices, which is aimed at finding, evaluating engaging suppliers for acquiring goods and services.
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What is the difference between captive and non-captive outsourcing with examples?
Captive sourcing refers to sourcing form the firm's own production facilities located abroad ,while non-captive is from different firm facilities
What is spot sourcing?
spot sourcing introduction
DTL?
DTL Sourcing
What is the management of sourcing procuring production and logistics to go from raw materials to end consumers across multiple intermediate steps?
Supply chain management
Advantage and disadvantage of dual sourcing?
advantages of dual sourcing
What is the difference between outsourcing and globalization?
Out sourcing is a media between consumers, customers and production unit. Globalization is liberalizing marketing/trade between number of countries.
What process do you go through when conducting a sourcing initiative?
conducting a sourcing initiative?
What are examples of global sourcing?
1. Linking the member enterprises by developing " Global Sourcing 2. This dimension of global sourcing results in demand for certified products.
Which sourcing solution is used to source Joint Expeditionary Taskings?
A non-standard sourcing solution
Sinking and sourcing capability of microcontroller?
Sinking and sourcing current refers to current going into and out of the MCU (respectively)
What is one of the type sourcing software companies of 2013?
The Gartner company is one of the leading sourcing software companies of 2013. Gartner provides individual support and full upgrades for sourcing software.
What is direct sourcing?
Direct sourcing is a service that provides clients with candidates at a lower cost, while promoting the client's own brand in the marketplace. This type of sourcing has become the top recruiting priority.
