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Single Sourcing: A Management Tool for the Quality Supplier
Author(s) -
Treleven Mark
Publication year - 1987
Publication title -
journal of purchasing and materials management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.75
H-Index - 92
eISSN - 1745-493X
pISSN - 0094-8594
DOI - 10.1111/j.1745-493x.1987.tb00176.x
Subject(s) - vendor , purchasing , business , strategic sourcing , quality (philosophy) , perspective (graphical) , marketing , industrial organization , supplier relationship management , process management , supply chain management , supply chain , computer science , strategic planning , philosophy , epistemology , strategic financial management , artificial intelligence
Single sourcing is a purchasing policy that purportedly can produce significant benefits for both parties involved. This article takes a close look at the pros and cons of single sourcing, particularly from the perspective of the vendor. It is important that buyers understand the factors that are likely to motivate a vendor to enter into this type of relationship. With this understanding, a buyer is better prepared to explore the possibility of single sourcing arrangements with selected vendors.