Valuations, title and settlement, document management, property preservation and. Multi sourcing versus single sourcing multi sourcing versus single sourcing in the 2. It does not mean writing it and then copying and pasting it into another source, or. When evaluating the use of global sourcing and single vendor sourcing, many procurement managers have become very concerned about their risk exposure and are seeking options to mitigate risk. The 5 principles of single sourcing in technical documentation. Multiple sourcing vs single sourcing linkedin slideshare. There is a way to singlesource using ms word 2007 and later. Single sourcing article about single sourcing by the. Single sourcing decisions are usually made at strategic and top management level where purchasing and supply managers need to determine whether and how much value single source relationships add leenders et al. Singlesourcing article about singlesourcing by the free. The biggest problem with the existing literature is that nearly all of it is theoretical in nature. Benefits and risks of single sourcing scm supply chain.
Approach and implementation of single sourcing group 6. It can make working with complex documentation much more efficient. According to the hackett group s key issues study conducted in 2012, mitigating supply chain risk has been identified by 77% of supply chain executives. Unfortunately, the literature has lagged behind the. Hackos, rockley, ament are, to a significant extent, the existing authorities in theoretical singlesourcing and information design. I needed to modularize documents chunks, assemble modules in varying orders across multiple documents. Mar 26, 2010 it is on multiple sourcing vs single sourcing. There is a way to single source using ms word 2007 and later. For example, the source text could be written in a word processor and converted to a variety of different formats such as pdf, html and xml. Then there is a third option of multiple suppliers providing an inventory item. Most books on single sourcing contain advice about planning, managing, and creating modular. Less commitment through suppliers when supplier hopping is frequent. Quality category this is the area that many managers recognize as the prime reason for moving toward single sourcing.
Single and multiple sourcing are the more frequently discussed approaches in supply risk management khan et al. Single sourcing is more than mechanical document conversion. Impact of modern economic theory on policy and empirical research. Higher cost when not bulk buying thorough one single supplier. Although it is often confused with the process of converting paperbased documents into online formats, single sourcing is a writing strategy that enables technical writers to develop centralized information modules, then map them to distinct audiences and media. Singlesource is a nationwide service provider to many of the largest loan origination, servicing, and secondary entities. Pdf choosing between single and multiple sourcing based on. For technical writers, single sourcing means modular writing and information mapping. Choosing between single and multiple sourcing based on supplier default risk.
Multiple sourcing is the purchasing policy of using two or more or even many suppliers to purchase certain components, products, product groups or services. Single sourcing versus multiple sourcing single sourcing versus multiple sourcing inderst, roman 20080301 00. Its also a broad and complex area that is difficult to do justice. Singlesourcing also eliminates duplicate work and facilitates the reuse of existing information, which. Single versus multiple supplier sourcing strategies gerard j. Singlesourcing article about singlesourcing by the.
Single sourcing has become increasingly practiced today. Single sourcing, a powerful approach in a stable environment, can amplify a firms exposure to risk e. Vakharia b a department of finance and quantitative analysis, college of business administration, georgia southern university, statesboro, ga 304608151, united states. It allows one document to be used in different kinds of formats, thereby increasing the usability of the documentation.
Singlesource publishing is most often understood as the creation of one source document in an authoring tool and converting that document into different file formats or human languages or both multiple times with minimal effort. Multiple sourcing in single and multiechelon inventory systems. Single sourcing financial definition of single sourcing. Single sourcing versus multiple sourcing, the rand journal. This paradigm shift is illustrated in the four levels of single sourcing. In publishing single sourcing is defined as the usage of one solitary document to create several other documents. Single versus multiple supplier sourcing strategies. A real options approach article pdf available in journal of purchasing and supply management 161. Note that single sourcing means writing information once and using it many times. Additionally, if the single source goes out of business, it can leave the company in a bind, especially if there are delays in lining up new suppliers. Pros and cons of dual sourcing in procurement supplychain.
The decision to sole source an item, particularly for manufacturing has many benefits and risks to be considered. Single sourcing vs multiple sourcing pdf whether a company chooses to multi source or to single source will have an impact. What it is what it is not focused on the total cost of ownership tco incorporating. Assuming approaches to supply side risk may take the form of sourcing from a single supplier, source, or geopolitical area, often employed to obtain lower supply costs inderst 2008.
Pdf choosing between single and multiple sourcing based. However the risk analysis of both these approaches follows stereotypes. This section describes the different characteristics of single sourcing and multi sourcing. A correct evaluation from a risk management perspective is needed. Multiple sourcing, however, presents higher costs due to the management of more than one supplier. How to modularize using microsoft word as a single.
Benefits sole sourcing provides multiple benefits for an organization. Multiple sourcing in single and multiechelon inventory. In practice, it most often refers to a framemaker file set with conditional text which, when the conditions are set appropriately, allows you to create variants of the original document e. Historically, single sourcing contracts were lengthy engagements, at times lasting as long as 15 years. Hackos, rockley, ament are, to a significant extent, the existing authorities in theoretical single sourcing and information design. Apr 29, 2008 resources for anyone getting started with a new single sourcing project. Sole sourcing definition single sourcing refers to a situation in which a company within a certain category with clear intent buys from just one supplier. What are disadvantages of using multiple sourcing strategies.
Primary disadvantages of single sourcing include supplier control in bargaining, limited opportunities for the lowest price and limited product diversity. Key advantages of multiple sourcing when compared to single sourcing include. The term single sourcing is used to describe where an inventory item is provided by one supplier. Building modular documentation by kurt ament this is one of the only books that attempts to bridge the gap between the singlesourcing theorists and the technology developers. Sole sourcing, on the other hand, is a situation in which a company within a certain category buys, due to external circumstances, from one, monopolist supplier van. The first definition, creating multiple outputs from one source, is supported by a flare feature called conditionality. In contrast, if buyers bid, then single sourcing is chosen if it erodes the value of suppliers outside option.
Introduction over the last two decades, a growing literature in economics has emerged that studies, both theoretically and empirically, optimal procurement practices. Jan, 2016 single sourcing and reuse in technical documentation is getting more and more widespread these days. When you use single sourcing, all topics can be assembled and published by using the files topics in a single repository. How to modularize using microsoft word as a single sourcing. Folks starting single sourcing projects are faced with insufficient resources. Describe multi sourcing and single sourcing models. Apr 24, 2011 approach and implementation of single sourcing group 6. Rather than copying and pasting between documents, you can be more efficient since all content authors can choose the required topics from the repository and then assemble and publish the topics as needed. Microsoft word as more and more software projects become webfriendly and the number of document delivery formats increases, the ability to generate multiple versions of documentation in. Single sourcing is also known as single source publishing because it uses a sole resource for using and reusing information. Single sourcing definition gabler wirtschaftslexikon. Single sourcing definition in the cambridge english. Singlesourcing definitions linkedin learning, formerly. Kurzfristige preiszugestandnisse wurden langfristigen vorteilen einer lieferantenentwicklung vorgezogen.
The user can use this single paper or document in different formats to create manual or online texts or papers. Single sourcing vs multiple sourcing pdf whether a company chooses to multisource or to single source will have an impact. Resources for singlesourcing projects singlesourcing. Single sourcing article about single sourcing by the free. Single sourcing and reuse in technical documentation is getting more and more widespread these days. Single sourcing also eliminates duplicate work and facilitates the reuse of existing information, which. However, in recent years single sourced deals have shortened in duration, with most falling within a range of three to seven years for the initial term. Practice of using one supply source without a competitive bidding process for a justifiable reason.
Dual sourcing as its name implies is where two suppliers provide an inventory item. This enables the firm to cut costs as homesourced workers are hired as independent contractors and not as regular employees. The singlesourcing triangle singlesourcing solutions. Presented by shefali srivastav, samarth gulati of fmg18a, fore school of management slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Building modular documentation by kurt ament this is one of the only books that attempts to bridge the gap between the single sourcing theorists and the technology developers. Engpasse bei ausfall lieferanten geringere preise durch hoheres. Single sourcing different items within the same family from separate vendors is another approach to technological access risk aversion. A practice wherein firms outsource to peoples homes instead of hiring regular personnel. Sole sourcing in purchasing sole sourcing take place when only one supplier for the required item is available, whereas with single sourcing a particular supplier is purposefully chosen by the buying organisation, even when other suppliers are available larson and kulchitsky, 1998. Single sourcing means you can create one source of content and either a extract subsets of the content to create different outputs for different audiences or b use chunks of the content in multiple places in multiple projects. The process of producing multiple outputs from one single source of information.
Our wide range of product and service offerings can be summarized by 5 main lines of business. Tutorial summary addresses the changing face of technology. Singlesourcing is the use of a single document to produce other forms of documents, such as manuals and online help. Single sourcing the customer chooses a single supplier to provide the entire set of services that it wishes to outsource, and relies on that supplier to carry responsibility for the outsourced services throughout the. Single sourcing definition in the cambridge english dictionary. Single sourcing lets you create one source of content and either a extract subsets of the content to create different outputs for different audiences or b reuse chunks of the content in multiple places in multiple projects. Single sourcing versus multiple sourcing request pdf. Whether single or multiple sourcing reduces the risk, is disputed. The first definition, creating multiple outputs from one source, is supported by a robohelp feature called conditionality. Nov 11, 2004 for many companies, sourcing decisions can be some of the most strategic in the organization.
Apr 24, 20 single sourcing is the use of a single document to produce other forms of documents, such as manuals and online help. Not simple to facilitate quality assurance procedures while many suppliers exist. Multichannel publishing can either be seen as synonymous with singlesource publishing, or similar in that there is one source document but the process itself results in more than a mere reproduction of that source. What are the disadvantages of using multiple sourcing strategies. Resources for anyone getting started with a new single sourcing project. See sourcing, lean manufacturing, approved supplier, supply base reduction. In a sem inal paper anton and yao 1989 have shown that sole source procurement or single sourcing is more advantageous than a split award or multiple sourcing. It is often opted for with the purpose of reducing material costs.
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