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.
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