{"id":110422,"date":"2025-05-20T10:56:48","date_gmt":"2025-05-20T10:56:48","guid":{"rendered":"https:\/\/aws.zycus.com\/glossary\/stgblog1\/what-is-sourcing-in-procurement"},"modified":"2026-02-12T04:44:21","modified_gmt":"2026-02-12T04:44:21","slug":"what-is-sourcing-in-procurement","status":"publish","type":"post","link":"https:\/\/staging.zycus.com\/glossary\/what-is-sourcing-in-procurement","title":{"rendered":"Sourcing in Procurement"},"content":{"rendered":"<p>Sourcing in Procurement is the strategic process of identifying, evaluating, and engaging suppliers to acquire goods and services necessary for business operations. This process focuses on finding the best value by balancing cost, quality, and risk considerations to meet the organization&#8217;s needs and objectives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sourcing in Procurement is the strategic process of identifying, evaluating, and engaging suppliers to acquire goods and services necessary for business operations. 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