Words / M / Business

multisourcing

noun/ˈmʌltiˌsɔːsɪŋ/

C2CEFR level
75/100Rarity: rare
TechnicalRegister

Buying the same input from several suppliers to reduce dependence on any one of them.

The plant adopted a multisourcing strategy so that a single strike could not halt production.

Topic: Operations & supply chain in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Operations & supply chain