sourcing

American  

[sawr-sing, sohr-] / ˈsɔr sɪŋ, ˈsoʊr- /

noun

Economics.

1. the buying of components of a product from an outside supplier, often one located abroad.

   Foreign sourcing in the auto industry has eliminated jobs.

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Etymology

Origin of sourcing

source + -ing ¹

Example Sentences

America’s critical minerals strategy is mostly defensive: stockpiling; allied sourcing, permitting reform.

From MarketWatch

The company has had issues designing its robots’ hands and forearms, as well as sourcing parts.

From MarketWatch

Both players lack the running power and finishing quality of Isak, so sourcing goals may be a concern for Liverpool.

From BBC

He also embarked on an ambitious and expensive programme to outfit the army with modern equipment, sourcing weapons and hardware from China, Russia and Israel.

From Barron's

Once exports become a geopolitical tool, trade partners diversify their sourcing both as insurance—food security is existential—and as a way to push back against unilateral rule changes.

From Barron's