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Comp sourcing refers to the process of identifying, evaluating, and selecting suppliers or vendors to provide goods and services for a company. It involves conducting market research, analyzing potential suppliers, negotiating contracts, and managing supplier relationships.The goal of comp sourcing is to find suppliers who can provide high-quality products or services at competitive prices. This can help companies reduce costs, improve product quality and reliability, and enhance their overall competitiveness in the market.Some common comp sourcing strategies include global sourcing, where companies search for suppliers worldwide to take advantage of cost differences, and strategic sourcing, which focuses on building long-term partnerships with key suppliers.Effective comp sourcing requires strong analytical skills, negotiation abilities, and a deep understanding of the company's needs. It also involves ongoing monitoring and evaluation of supplier performance to ensure that they continue to meet expectations.

The primary products of the company's main sources.