Business A-Level
single and multiple sourcing
What single and multiple sourcing means in Business A-Level, as defined for AQA.
Definition of single and multiple sourcing
Check what you remember
Read the wording for your board, then hide it and explain single and multiple sourcing in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The choice between one supplier and several, judged by naming the specific risk the firm is exposed to if the supplier fails.
Topics that use single and multiple sourcing
- Making operational decisions to improve performance: managing inventory and supply chains (AQA A-Level)
Related terms
- capacity utilisation
- Core vs non-core activities
- effectiveness versus efficiency
- ethical sourcing
- holding cost versus stockout cost
- outsourcing
- producing to order
- re-order level and quantity
Using single and multiple sourcing in the exam
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