Project Abstract

Project Overview

<p> </p><div><p><strong>LITERATURE REVIEW</strong></p><p>2.0 &nbsp; &nbsp; <strong>Introduction</strong></p><p>This chapter will attempts to some comments and opinions of the various &nbsp; authors as contained in the books, newspaper, magazine, journal etc in reflection to the subject matter “impact of material sourcing on the profitability in an organization”.</p><p>2.1 &nbsp; &nbsp; <strong>Definition of Sourcing (Material Sourcing)</strong></p><p>According to Hassan (2010) define sourcing as a purchasing procedure through which buyers, sales, survey and evaluate suppliers and determine policies relating to those who will most suitable meet the requirement of the organization (p. 99).</p><p>Lysons and Farington (2006) define sourcing as the process of identifying, select and developing suppliers key purchasing activities. Sourcing can be either tactical and operational or strategic buds (p. 367).</p><p>2.2 &nbsp; &nbsp; <strong>Sourcing Policies/Decision</strong></p><p></p></div><h3></h3><br> <br><p></p>