The selection of suppliers,design of supplier contracts,product design collaboration,procurement of material,and evaluation of supplier performance are a part of

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Sourcing encompasses the entire process of selecting suppliers, designing contracts, collaborating on product design, procuring materials, and evaluating supplier performance. It involves strategic decisions on where and how to procure goods and services needed by the organization.

The Selection of Suppliers,design of Supplier Contracts,product Design Collaboration,procurement of Material,and