Enum: SourcingStrategyEnum

Sourcing strategy approaches

URI: valuesets:SourcingStrategyEnum

Permissible Values

Value	Meaning	Description
SINGLE_SOURCING	None	Deliberate use of one supplier for strategic reasons
MULTIPLE_SOURCING	None	Use of multiple suppliers for risk mitigation
DUAL_SOURCING	None	Use of two suppliers for balance of risk and efficiency
GLOBAL_SOURCING	None	Worldwide sourcing for best value
DOMESTIC_SOURCING	None	Sourcing within domestic market
NEAR_SOURCING	None	Sourcing from nearby geographic regions
VERTICAL_INTEGRATION	None	Internal production instead of external sourcing
OUTSOURCING	None	External sourcing of non-core activities
INSOURCING	None	Bringing previously outsourced activities internal
CONSORTIUM_SOURCING	None	Collaborative sourcing with other organizations

Slots

Name	Description
sourcing_strategy	Sourcing strategy approach

Identifier and Mapping Information

Schema Source

• from schema: https://w3id.org/linkml/valuesets

LinkML Source

name: SourcingStrategyEnum
description: Sourcing strategy approaches
from_schema: https://w3id.org/linkml/valuesets
rank: 1000
permissible_values:
  SINGLE_SOURCING:
    text: SINGLE_SOURCING
    description: Deliberate use of one supplier for strategic reasons
    annotations:
      suppliers:
        tag: suppliers
        value: single supplier
      strategic:
        tag: strategic
        value: strategic decision
      partnership:
        tag: partnership
        value: close partnership
      risk:
        tag: risk
        value: supply concentration risk
      benefits:
        tag: benefits
        value: economies of scale
    title: Single Sourcing
  MULTIPLE_SOURCING:
    text: MULTIPLE_SOURCING
    description: Use of multiple suppliers for risk mitigation
    annotations:
      suppliers:
        tag: suppliers
        value: multiple suppliers
      risk_mitigation:
        tag: risk_mitigation
        value: supply risk mitigation
      competition:
        tag: competition
        value: supplier competition
      flexibility:
        tag: flexibility
        value: sourcing flexibility
      management:
        tag: management
        value: complex supplier management
    title: Multiple Sourcing
  DUAL_SOURCING:
    text: DUAL_SOURCING
    description: Use of two suppliers for balance of risk and efficiency
    annotations:
      suppliers:
        tag: suppliers
        value: two suppliers
      balance:
        tag: balance
        value: risk and efficiency balance
      backup:
        tag: backup
        value: backup supply capability
      competition:
        tag: competition
        value: limited competition
      management:
        tag: management
        value: manageable complexity
    title: Dual Sourcing
  GLOBAL_SOURCING:
    text: GLOBAL_SOURCING
    description: Worldwide sourcing for best value
    annotations:
      geographic:
        tag: geographic
        value: global geographic scope
      cost:
        tag: cost
        value: cost optimization
      capability:
        tag: capability
        value: access to capabilities
      complexity:
        tag: complexity
        value: increased complexity
      risk:
        tag: risk
        value: global supply risks
    title: Global Sourcing
  DOMESTIC_SOURCING:
    text: DOMESTIC_SOURCING
    description: Sourcing within domestic market
    annotations:
      geographic:
        tag: geographic
        value: domestic market only
      proximity:
        tag: proximity
        value: geographic proximity
      responsiveness:
        tag: responsiveness
        value: local responsiveness
      compliance:
        tag: compliance
        value: regulatory compliance
      support:
        tag: support
        value: domestic economy support
    title: Domestic Sourcing
  NEAR_SOURCING:
    text: NEAR_SOURCING
    description: Sourcing from nearby geographic regions
    annotations:
      geographic:
        tag: geographic
        value: nearby regions
      balance:
        tag: balance
        value: cost and proximity balance
      risk:
        tag: risk
        value: reduced supply chain risk
      responsiveness:
        tag: responsiveness
        value: improved responsiveness
      cost:
        tag: cost
        value: moderate cost advantage
    title: Near Sourcing
  VERTICAL_INTEGRATION:
    text: VERTICAL_INTEGRATION
    description: Internal production instead of external sourcing
    annotations:
      internal:
        tag: internal
        value: internal production
      control:
        tag: control
        value: direct control
      capability:
        tag: capability
        value: internal capability development
      investment:
        tag: investment
        value: significant investment
      flexibility:
        tag: flexibility
        value: reduced flexibility
    title: Vertical Integration
  OUTSOURCING:
    text: OUTSOURCING
    description: External sourcing of non-core activities
    annotations:
      external:
        tag: external
        value: external providers
      focus:
        tag: focus
        value: core competency focus
      cost:
        tag: cost
        value: cost optimization
      expertise:
        tag: expertise
        value: access to expertise
      dependency:
        tag: dependency
        value: external dependency
    title: Outsourcing
  INSOURCING:
    text: INSOURCING
    description: Bringing previously outsourced activities internal
    annotations:
      internal:
        tag: internal
        value: bring activities internal
      control:
        tag: control
        value: increased control
      capability:
        tag: capability
        value: internal capability building
      cost:
        tag: cost
        value: potential cost increase
      strategic:
        tag: strategic
        value: strategic importance
    title: Insourcing
  CONSORTIUM_SOURCING:
    text: CONSORTIUM_SOURCING
    description: Collaborative sourcing with other organizations
    annotations:
      collaboration:
        tag: collaboration
        value: multi-organization collaboration
      leverage:
        tag: leverage
        value: increased buying leverage
      cost:
        tag: cost
        value: cost reduction through scale
      complexity:
        tag: complexity
        value: coordination complexity
      relationships:
        tag: relationships
        value: multi-party relationships
    title: Consortium Sourcing