Sourcing project team refers to the process of assembling a group of individuals with the necessary skills, expertise, and experience to manage and execute a sourcing project or initiative within an organization. This team typically includes representatives from various departments, such as procurement, operations, finance, and legal, who collaborate to identify sourcing needs, evaluate potential suppliers, negotiate contracts, and implement sourcing strategies. Their collective efforts contribute to effective sourcing and procurement outcomes, enabling the organization to acquire goods and services efficiently and effectively.