Featured Blog Posts – November 2011 Archive (6)

Offshoring has emerged as a very powerful business helping the economy of many countries. Several countries are realizing its importance after the success of India and China and are developing infrastructure and technology to attract foreign investors. Offshoring is basically a relocation of business processes of a certain company from one country to another. Cost reduction is usually the primary objective but there can be other reasons also. After the liberalization and globalization…

In a session straight out of SSON China - Suzhou Conference, Langdon Wu, Head of Sourcing & Procurement, Asia for Thomson Reuters explains the common challenges in process re-engineering & outsourcing. He also talks about the untapped opportunities and tells us why shared services and outsourcing in China is only going to get bigger.

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Undeniably, outsourcing has really benefited the receiving countries. Countries like India, China, Bulgaria, etc have developed their infrastructure tremendously to match up with the outsourced projects. The employment scenario has also been better for these countries. However, it is not that only these countries have benefited from outsourcing, the foreign investors are also very happy to outsource and work. It is a mutual thing which has benefited both the provider and receiver. There may…

India remains one of the most favored outsourcing destinations in the world. The western countries are increasingly willing to outsource jobs to countries like India, Indonesia, China and Bulgaria. The reasons are very clear, companies get cost benefits and control over the project. But the most important question is: Why India? And How India managed to top the list of outsourcing locations for western giants? Actually, India offers quality, a better infrastructure, liberal policies for…