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Purchasing vs Sourcing - What's the difference?

purchasing | sourcing |

As verbs the difference between purchasing and sourcing

is that purchasing is present participle of lang=en while sourcing is present participle of lang=en.

As nouns the difference between purchasing and sourcing

is that purchasing is the act of making a purchase while sourcing is the supply of resources needed by a business process.

purchasing

English

Verb

(head)
  • Noun

    (en noun)
  • The act of making a purchase.
  • * 1936 , James Arthur Fulton, Our economic nationalism: its purpose and importance (page 84)
  • As our exports and imports are now nearly in balance, it is assumed that such bargaining, if agreed to, would induce the debtor nations to greatly increase their purchasings from us

    sourcing

    English

    Verb

    (head)
  • Noun

    (-)
  • (chiefly, US) The supply of resources needed by a business process.
  • Derived terms

    * insourcing * outsourcing

    Anagrams

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