Comparison of Sourcing Strategies Essay Example | Topics and Well Written Essays - 500 words

Comparison of Sourcing Strategies - Essay Example There are different factors that can be considered in terms of the determination of the effects and the understanding of the sourcing process.  Ã‚  One of the most important strategic advantages in terms of managing the supplier base is by having fewer and solid suppliers for the materials and services needed in operation.   In addition, it is important to consider that local suppliers can be given priority to be able to lessen the processes needed to be undertaken as well as periodically check the quality of the materials and services procured.In the complex interaction of the supplier and the organizations, supplier alliances are being established.   In cases wherein there are changes in the supplier alliances in terms of the support given to a particular provider, the main affected are is the supply chain.   This can be related to the importance of following the strategic allocation of sourcing services.   If a particular supplier failed to provide the materials or servi ce needed the whole process is disrupted and the end product cannot be achieved.  Ã‚  Based on the study undertaken then, sourcing can be considered as one of the inevitable development of the current era to be able to answer the demands of the international community in a variety of goods and services.   For that matter, the strategic decision-making process in relation to sourcing is needed to be undertaken to optimize the advantages and benefits that can be derived from the said concept and process.