Logistics outsourcing business to reach $90 mn by 2012

September 27th, 2009 NEW DELHI - The third party logistics (3PL) business in India is likely to reach $90 million by 2012 from $58 million now, as the model is fast catching up among the country's businessmen due to its cost advantage, an industry lobby report says. "Currently 3PL outsourcing among Indian companies is estimated at $58 million as 55 percent of them are outsourcing services like supply chain management and warehousing," the Associated Chambers of Commerce and Industry of India (Assocham) said in a paper.

March 24th, 2009 MELBOURNE - Bangalore-based software giant Infosys will pick up most of IBM Global Services' multi-million dollar applications support contract with Australian software giant Telstra, after the latter's deal with the former was scrapped following TELCO reducing its outsourcing partners from four to two. According to The Australian, the decision to shift from IBM to Infosys could result in hundreds of job losses locally and in Bangalore, where IBM operates outsourcing centres.

November 12th, 2005 Talent shortage will impede the development of China's outsourcing industry, despite the optimistic prediction on China's IT outsourcing industry in the coming ten years predicted Qu Zhonghua, a senior program manager of IBM China's Shenzhen branch, at the 11th Joint International Computer Conference (JICC 2005) held in southwest China's Chongqing Municipality. The rapid growth of the global outsourcing industry has provided opportunities for China's outsourcing industry in recent years, but the opportunities will not turn into successes if the country fails to provide sufficient qualified workforce, he said.

September 30th, 2009 NEW DELHI - More business process outsourcing (BPO) service providers in India will exit the market in coming years, as it is difficult for them to stay afloat in the current form due to the slowdown, according to a study released here Wednesday. "One-quarter of the top business process outsourcing (BPO) service providers will not exist as separate entities by 2012," said the study by IT research and advisory firm Gartner.

January 24th, 2004 Lets take a look at outsourcing from a global perspective. I have outsourced work and now provide outsourcing services.

September 9th, 2009 BEIJING - The Chinese government has pledged more aid from the country's financial institutions to boost its outsourcing industry, officials said Wednesday. In a statement posted on the website of the central bank Wednesday, the government urged the banks to develop more policies and credit products tailored for the outsourcing business, especially for firms in the 20 pilot cities for the industry, including Beijing, Tianjin, Chongqing and Shanghai.

June 25th, 2009 NOIDA - Birlasoft has been named among the top 10 best outsourcing service providers in Australia and New Zealand region, by the International Association of Outsourcing Professionals (IAOP), in their list 2009 Global Outsourcing 100. Birlasoft has been chosen by an independent panel of industry-recognized experts from business and academic institutions.

October 20th, 2005 Blogger Rajneesh thinks its funny to outsource homework to India. In reality homework do get outsourced to India rather frequently.

June 4th, 2007 All hell breaks loose! Imagine this: "Most of us are only pretending to work while secretly hoping the project gets canceled after you get fired by the board". Today's Dilbert is a bit of fresh air after days of stale Elbonian humor on outsourcing.

March 6th, 2009 I will start with the story straight up. Kimberley Swann, a 16-year-old girl from Clacton-On-Sea in Essex, began working as an office administrator for Ivell Marketing & Logistics at the beginning of February.

March 4th, 2009 WASHINGTON - A downturn in worldwide economy, Satyam's fraud case and the terrorist attacks in Mumbai and supply chain and shipping cost issues in China are causing US technology companies to pull back from the two traditional outsourcing locations. Citing these three global factors, an annual survey by BDO Seidman, LLP, one of America's leading accounting and consulting organizations, Tuesday suggested several technology firms would choose US as future outsourcing location over India and China.

July 29th, 2009 NEW DELHI - India's information technology and outsourcing industry is expected to grow over 7 percent this fiscal to log revenues of $64 billion with much faster expansion within the domestic market, a leading industry group said Wednesday. The National Association of Software and Service Companies (Nasscom) has forecast in its latest study that the software and outsourcing industry will log an export growth of 4-7 percent this fiscal to log $48-50 billion in revenues.

May 5th, 2009 BANGALORE - US President Barack Obama's announcement to end tax sops to those US firms outsourcing jobs to countries like India has come under flak from Phil Harkins, a leading US management expert and chief executive of Linkage Inc, a global firm specialising in leadership development 'What Obama is doing is just politics. It's the arrogance of the US to think creating jobs overseas will result in job losses back home.

February 2nd, 2009 WASHINGTON - China is unlikely to overtake India in outsourcing business anytime soon and it would take not one country but a lot of small ones to knock it off the top, according to a US expert. 'China is pretty far behind India and even places like the Philippines and Eastern Europe.

June 19th, 2009 As the world seeks to come out of the current economic downturn, the $2 billion Indian publishing industry is getting more organised and getting ready to take advantage of an expected surge in the outsourcing of publishing activities. Catering to the world's seventh largest book market overall, and third largest for books in English after the US and Britain, the Indian publishing industry has long been characterised by small players.