Purchasing vs Sourcing - What's the difference?
purchasing | sourcing |
The act of making a purchase.
* 1936 , James Arthur Fulton, Our economic nationalism: its purpose and importance (page 84)
(chiefly, US) The supply of resources needed by a business process.
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)- 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