Economy

What is sourcing? »Its definition and meaning

Anonim

Supply is an economic activity designed to satisfy the consumption needs of an economic unit in time, form and quality, such as a family, a company, which is especially applied when that economic subject is a city. When it comes to an army, it is usually called the intendant, and can be considered synonymous with supply.

The food supply of cities has always been the object of main attention by the authorities (municipal and state), particularly in the Old Regime, in which subsistence crises used to produce subsistence disturbances that could be politically manipulated.

At the economic level, sourcing is linked to logistics and the supply chain. This chain must anticipate consumer demand and guarantee the delivery of products to distributors, to avoid the depletion of units for sale. Curiously, some companies, especially manufacturers of electronic products, use the lack of stock as a point of sale, because to reach that point it is necessary to have had a lot of success with the proposal.

The supply process, therefore, covers all those activities that allow the identification and purchase of goods and services that a company or other entity needs to operate.

Supply chain management is responsible for establishing relationships between its various components and integrating activities so that its objectives can be met.

One of the basic functions of any organization is supply, since each of them depends, although to a greater or lesser extent, on materials and supplies from other companies. No organization is self-sufficient.

In addition, the person responsible for the supply must have a clear understanding of the role of an item in order to make a proper purchase.

The shortage scenarios are quite common in times of union conflicts with those sectors that precisely have the mission of providing something to a sector or community. For example, truckers are responsible for supplying and delivering supplies of all kinds to businesses and cities, while, when they are in a union conflict, their activity is affected and so much so that this has an effect, for example, the supermarkets that lack the products they generally transport in normal times.