Comparing Single to Sole Sourcing

What is the difference and why use one over the other? Compare Sole Sourcing and Single Sourcing for Strategic Procurement

Single Source vs Sole Source Procurement:

What’s the Difference?  

If you are involved in procurement, you may have heard of the terms single source and sole source. Do you know what they mean and how they differ?

In this brief article, discover the definitions, advantages, and challenges s of each sourcing method to help you decide which one is best for your business.