--- title: | Component Sourcing description: Component Sourcing | --- [![supply chain solutions Component Sourcing International](https://blog.componentsourcing.com/hs-fs/hubfs/logo_new.png?width=512&height=198&name=logo_new.png "supply chain solutions Component Sourcing International")](https://www.componentsourcing.com/) ** # ** [Call Us!   (704) 843-9292](tel:704-843-9292)  ** [Newsletter Signup](https://info.componentsourcing.com/newsletter-signup-csi) # Topic: component sourcing [![Coronavirus Update COVID-19](https://blog.componentsourcing.com/hubfs/CORONAVIRUS%20UPDATE%20COVID-19-2.png) ](https://blog.componentsourcing.com/csi/covid-19-update) ## [COVID-19 Update](https://blog.componentsourcing.com/csi/covid-19-update) March 16, 2020 Last Wednesday, the World Health Organization finally defined the coronavirus outbreak as a pandemic.  Our team members are our top priority during this turbulent time, and CSI has issued guidelines to our team that follow the current CDC recommendations.  CSI also remains committed to our customers.  We will continue operations until such time as mandatory closures are recommended. We will remain open for business and will monitor the situation daily.   Please find below our company continuity plans with both our teams and customers in mind.  [Read More](https://blog.componentsourcing.com/csi/covid-19-update) [![Blog: What You Need To Know About Outsource Manufacturing](https://blog.componentsourcing.com/hubfs/CSI%20Industrial%20February%202020%20Blog%20Graphic%20v2.png) ](https://blog.componentsourcing.com/csi/what-you-need-to-know-about-outsource-manufacturing) ## [What You Need To Know About Outsource Manufacturing](https://blog.componentsourcing.com/csi/what-you-need-to-know-about-outsource-manufacturing) February 3, 2020 If you've come to this blog to learn about the ins and outs of outsource manufacturing, you've come to the right place. Outsource manufacturing is the process of hiring people or organizations outside of your company to manufacture parts and products, assemble parts into products, or to build entire products for you and your company. The biggest reason a company would consider outsourced manufacturing is to save money…in labor, overhead and production costs. [Read More](https://blog.componentsourcing.com/csi/what-you-need-to-know-about-outsource-manufacturing) [![CSI Blog #7 Graphic](https://blog.componentsourcing.com/hubfs/CSI%20Blog%20%237%20Graphic.png) ](https://blog.componentsourcing.com/csi/global-sourcing-whats-in-store-for-2020) ## [Global Sourcing - What's In Store For 2020?](https://blog.componentsourcing.com/csi/global-sourcing-whats-in-store-for-2020) January 10, 2020 Much has changed in the world of supply chain over the last decade as global sourcing solutions have evolved.  The election of President Trump and the trade war with China have certainly contributed to instability within the global sourcing world. The factors influencing changes in sourcing are in the fine lines between customer satisfaction and trying to understand where the various markets are heading.  The companies that will win in 2020 are the companies that continue to adapt and stay ahead of current trends while internally evolving for the future.  Below are our professional opinions on what you can expect in the world of global sourcing for 2020: [Read More](https://blog.componentsourcing.com/csi/global-sourcing-whats-in-store-for-2020) [![CSI Industrial Blog #6 Graphic](https://blog.componentsourcing.com/hubfs/CSI%20Industrial%20Blog%20%236%20Graphic.png) ](https://blog.componentsourcing.com/csi/6-best-practices-for-procurement-management) ## [6 Best Practices for Procurement Management](https://blog.componentsourcing.com/csi/6-best-practices-for-procurement-management) November 11, 2019 Many companies today are listing procurement management as their top purchasing priority since it makes up a large proportion of their overall spend.  At the same time, many of these same companies have fallen behind in regards to their procurement systems and need a complete revamp of their functions to keep up with business demands.  Below we outline 6 Best Practices to make sure your company's procurement management is up to date: [Read More](https://blog.componentsourcing.com/csi/6-best-practices-for-procurement-management) « ‹ [1](https://blog.componentsourcing.com/csi/tag/component-sourcing/page/1) [2](https://blog.componentsourcing.com/csi/tag/component-sourcing/page/2) [›](https://blog.componentsourcing.com/csi/tag/component-sourcing/page/2) [»](https://blog.componentsourcing.com/csi/tag/component-sourcing/page/2) ![CSI-Blog2](https://blog.componentsourcing.com/hubfs/images/backgrounds/CSI-Blog2.jpg) Let us help you with your latest project! 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CSI provides custom-crafted solutions for industries such as bearings manufacturers, gears manufacturers, sprockets manufacturers, stamping manufacturers and more.  We give you both the peace of mind and confidence that you will continue to lower manufacturing costs, while knowing your finished products will be of the utmost quality, at the best pricing the world has to offer. ### **FOLLOW OUR SOCIAL MEDIA PAGES!** --- [![CSI Bathware Logo](https://blog.componentsourcing.com/hubfs/CSI_April2019/images/Footer-Logo-CSI-Bathware-White-Transparent.png) ](https://www.csibathware.com/?__hstc=116802265.05b5e46022e257ca02dd1fdffdca8c72.1555930375557.1555938094614.1555991415967.3&__hssc=116802265.8.1555991415967&__hsfp=2151446153) [![Great Grabz Logo](https://blog.componentsourcing.com/hubfs/CSI_April2019/images/Footer-Logo-GreatGrabz-White-Transparen-1t.png) ](http://www.greatgrabz.com/?__hstc=116802265.05b5e46022e257ca02dd1fdffdca8c72.1555930375557.1555938094614.1555991415967.3&__hssc=116802265.8.1555991415967&__hsfp=2151446153) ### Questions, Quotes, Consultations? **Let's Start a Conversation**