sourcing

Definitions

The process of identifying, evaluating, and engaging suppliers to acquire goods or services.

The act of obtaining or tracing the origin of something, such as materials, information, or candidates for employment.

Examples

The company is currently sourcing sustainable materials from local suppliers.

Sourcing high-quality talent is the most critical part of our recruitment strategy.

We spent several months sourcing the rare components needed for the prototype.

Synonyms

procuring obtaining acquiring securing supplying provisioning gathering

Antonyms

distributing selling vending discarding spending releasing divesting