Question: I. Videos: Difference between Sourcing and Procurement https://www.youtube.com/watch?v=c6tsNGhpBPY Procurement vs Purchasing https://www.youtube.com/watch?v=Hsq-oqlLP0A (1) What is the role of sourcing, purchasing and procurement in supply chains

I. Videos: Difference between Sourcing and Procurement https://www.youtube.com/watch?v=c6tsNGhpBPY Procurement vs Purchasing https://www.youtube.com/watch?v=Hsq-oqlLP0A

(1) What is the role of sourcing, purchasing and procurement in supply chains and how that can lead to further improvements? (2) What are the main characteristics of good sourcing? Explain. (3) Is the role of sourcing, Procurement, and purchasing different in different industries? Discuss.

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