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Difference between Global Sourcing Rule(with Org Assignment) and Local Rule

Hi All,

Just wanted to understand that since Oracle allows us to create Global Sourcing Rule and assign it at Organization level, why it provided the option to create local sourcing rule. What I will not be able to achieve if i use these 2 approaches and how will they differ from each other.
1. Global Rule and Assignment at Org
2. Local Rule

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