Answer: True
Step-by-step explanation:
Strategic sourcing is defined as the planning process used in supply chain management of business through which supply channel is created for organization to source-search and purchase supplies at low cost from market.This plan helps in establishing beneficial relationship between buyer and supplier.
It can fulfill the requirement of supplies needed by organizational channels .it helps in success of organization along with benefits that cannot be achieved from just purchasing mechanism .
Thus, the statement given is true.