Information Management sourcing refers to the process of acquiring and managing data and information resources to support organizational needs. It involves identifying, selecting, and integrating various information sources—such as databases, software tools, and cloud services—while ensuring data quality, security, and compliance. Effective sourcing strategies enable organizations to maximize the value of their information assets, enhance decision-making, and improve operational efficiency. Ultimately, it aims to align information resources with business objectives and user requirements.
Logistics' components are the foll:- 1. Sourcing and procurement 2.Manufacturing 3.Distribution 4.Storage and warehousing 5.Information systems and management 6.Customer service
There are books and articles written about sourcing. A good place to find this information would be a library or a bookstore. People also use social sites as a form of sourcing and this may be a good place to find out and learn about it.
A sourcing input refers to the information, materials, or resources necessary for the procurement process in supply chain management. It includes specifications, supplier details, market analysis, and cost estimates that help organizations identify and select suitable suppliers for their needs. Effective sourcing inputs are crucial for making informed decisions and ensuring that the procurement aligns with the company's strategic goals.
Supply Chain Management encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management activities
The fundamental of global sourcing is acquiring of product or services from the global market. It helps to expose the company's products or services in the global market. Global sourcing includes various activities like sourcing, procurement, supply chain management etc.
1) international purchasing 2) global sourcing 3) Global supply management
Supply chain management
Procurement is concerned with the overall gathering of resources while purchasing and logistics is defined as a business planning framework for the management of material, service, information and capital flows. It includes the increasingly complex information, communication and control systems required in today's business environment.
management information system
useful management information
Information Management is the gathering, storage, and distribution of Information. This can just as easily be done with a sheet of paper when the Information size is small. When the Management of Information is complicated by factors such as the amount of Information then Technology is more likely to simplify the Information Management task
out sourcing