sourcing cost

[ˈsɔːrsɪŋ kɔːst]
nounpl: sourcing costs
custo de abastecimento
1. The total expense incurred in locating, acquiring, and obtaining raw materials, components, or products from suppliers
The company reduced its sourcing costs by 15% after renegotiating supplier contracts.
A empresa reduziu seus custos de abastecimento em 15% após renegociar contratos com fornecedores.
2. Expenses related to the procurement process including research, transportation, quality control, and supplier management
Effective supply chain management can significantly lower sourcing costs.
Uma gestão eficaz da cadeia de suprimentos pode reduzir significativamente os custos de abastecimento.
This term is widely used in Brazilian and Portuguese business contexts, particularly in manufacturing, retail, and supply chain management. In Brazil, companies increasingly focus on 'redução de custos de abastecimento' as a competitive strategy. The concept reflects global supply chain practices and is essential in discussions about operational efficiency and profitability.
Synonyms / Sinônimos
procurement costacquisition costsupply costpurchasing cost
Antonyms / Antônimos
cost reductioncost savings

Regional Variations

General Brazilian
custo de abastecimento
Most common term in Brazilian business Portuguese
São Paulo
custo de fornecimento
Alternative term used in São Paulo business circles
Portugal
custo de aprovisionamento
European Portuguese preference, more formal usage
General English
custo de aquisição de materiais
More literal translation used in technical documentation

Related Words

supply chainprocurementvendor managementlogistics costsupplierinventory cost

Related Idioms & Phrases

cut sourcing costs
optimize sourcing costs
control sourcing costs
source at the lowest cost
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