0 By: sneha Asked: 16/10/19In: Sourcing How to create a sourcing plan or strategy? 0 How to create a sourcing plan or strategy? approachsourcing planstrategy Share Facebook 1 Answer Voted Recent Harish Boddu Bangalore, India 8 Questions 9 Answers 0 Best Answers 39 Points View Profile Harish Boddu Added an answer on 22/10/19 at 10:49 am This answer was edited. Hi Sneha, Here is my answer to your question. Sourcing Strategy is a generic term that has widespread. So I would like to analyze with an example. Below are the scenarios for the same company in different positions located in Bengaluru. Scenario-1: A Payment Gateway Start-Up is looking to hire a Java Backend Developer with 5-8 Yrs of experience, should have strong experience in SQL & NoSQL background, the candidate should be from Tier-1 or Tier-2 Colleges and from anywhere in India. Start-Up experience is a must. Interview Type: Coding Assignment, Telephonic & Face-to-Face Interview. Scenario-2: A Payment Gateway Start-Up is looking to hire an Engineering Manager with 10-15 Yrs of experience, should have strong experience in B2B Product Development Background, the candidate should be from Tier-1 or Tier-2 Colleges and Bengaluru. At least last 2 experiences should be start-ups Interview Type: Coding Assignment, Explo Discussion, Telephonic & Face-to-Face Interview. Strategy for Scenario-1: Based on the Team Size, first map the Payment Gateway Companies in Bengaluru and also who are using a similar technical stack when compared to our company. Then find out the total number of team members actively working on this requirement. Let’s say two recruiters are working on this requirement, one should purely dedicated to the job portals that your company using and the other should be restricted to the Social media platforms at the initial search. Then exchange the sourcing activity vice-versa. For this requirement most of the time we can find through Job Portals alone no need for Social Media Platforms. Strategy for Scenario-2: As I told earlier, we need to find-out Payment Gateway Companies. Then need to find a similar technical stack that the companies are using. Here there is no need of multiple recruiters working as the pool size would be limited, one recruiter is enough and who should be dedicatedly working on this requirement and we have to depend on Social Media Platforms only as the candidates are not much interested in posting resumes in Job Portals as they don’t like getting too many calls. Strategy for Scenario-1 & Scenario-2 Interview Process: Find-out most optimum and cost-effective tool to organize the coding test and remaining things can be handled based on the communication you maintain with the candidate. Sourcing Strategies: Generally people worry about sourcing. It is very simple when you understand the requirement concept. When you are hiring for the position which is on an urgent basis: use job boards, GitHub, references, circle updates (like WhatsApp groups, LinkedIn Groups etc) When you are hiring for a position which has time but needs superb quality candidate: use LinkedIn, as in Indian industry people are not using updated Social media platforms. When you are hiring for functional roles (like Marketing, Finance, HR, Operations, etc): Find-out the relevant job board for this and use it to the optimum level. Right now with the level of experience I’ve gained so far, I could able to answer to the above level. If there is any mistake, I kindly request you or the members to correct me. Happy Recruiting Best, Harish 1 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp You must login to answer this question.