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Material Sourcing And Buying Strategies: A Special Report
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Being a ‘boundary function’,
the role of the sourcing function is to link the company`s business needs with the capabilities of external suppliers. For this linkage to provide real value supply must be able to interface with two very different worlds—the external world of the marketplace and suppliers and the internal world of business units, projects, and functions- and the perspectives and approaches of these two worlds can be very different.