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What is "near-sourcing"?

What is "near-sourcing"?

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Answer #2

Near-sourcing-

Placement of the functioning and operations allied with the sales nearer/ closer to the point where end products/ final/ finished goods are to be sold.

It tends to make the supply chain leaner.

Cost cutting, shorter supply chain and better monitoring and control are the foremost advantages allied with "Near sourcing".

Bringing production and operations and procurements related facets closer to consumer markets has been proven more beneficial and with least possible lacunas.

answered by: anonymous
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