neoIT | Global Offshoring Advisors | Offshore Outsourcing Consulting and Program Governance


	October 2002 Issue

Welcome to the October issue of neoIT’s Sourcing Alert. This month’s articles focus on offshore sourcing strategies and the global shift in how companies approach services spend management.

neoIT is witnessing a portfolio approach to outsourcing. Companies are diversifying to manage risks and optimize their opportunities. Their diversified portfolio includes on-site, on shore, near shore, and offshore sourcing strategies. As neoIT witnessed the change, we too adjusted to offer flexible solutions, leveraging Offshore Expertise, Managed Sourcing Solutions and Technology to deliver sourcing ROI to our customers.

Sourcing Articles

	Offshore Outsourcing: Dive Right In (sponsored by Ross Research)
	Offshore outsourcing has become a way of life for many of the top decision makers in corporate America, many of whom have gained recognition and advancement for introducing this remarkable alternative to their companies and saving millions of dollars. Imagine potentially having saved 50% of your IT costs in 2001!

	Outsourcing's Next Wave (sponsored by FirmBuilder)
	Business changes come as waves gathering shape, gaining energy and momentum, then crashing across the companies that find themselves in their path. Those companies that anticipate and react quickly to these waves of change can often rise with the tide; those that don't are often crushed by the impact.

	India beats China in quality services (sponsored by CIOL)
	A lot has been debated about the capabilities of the Chinese software companies to present a competition for the Indian IT companies, but it seems that India Inc. has an upper edge when it comes to the quality of software services.

Industry Research and Case Studies

Strategic Sourcing
	Outsourcing Report Boosts Corporate Strategy: 80 Metrics Support Findings
	Industry leading companies boost revenue-driving initiatives with domestic and international outsourcing. Line 56, an online business journal, reports that Ingersoll Rand will increase sourcing to select countries by 500% -- a move that saves $200 million. According to a new report from business intelligence firm Cutting Edge Information, 89% of survey respondents agreed that outsourcing has become a critical strategic tool.

	Sultans of the Supply Chain
	It used to be enough to be a best-of-breed manufacturer in SCM. But with shrinking revenues and more players in the SCM space, the battle for supremacy is heating up.

Special Events

	The 2002 Sourcing Leadership Conference
	October 15-18, 2002 Orlando, Florida The 2002 Sourcing Leadership Conference brings together a number of the world's leading sourcing management practitioners and most noted advisors to share ideas and best practices. Sessions feature an extensive agenda of Strategic Sourcing sessions, in-depth IT outsourcing and BPO sessions, including focusing on advanced relationship management and the "hot" area of Offshore Outsourcing, and numerous opportunities for both facilitated and unstructured delegate networking. *Be sure to attend the Services eSourcing Session, Wednesday, October 16, with neoIT CEO, Atul Vashistha, Gartner analyst, Ted Kempf and neoIT customer, Lucent Technologies.

	BangaloreIT 2002
	October 28 – November 1, 2002 Bangalore, India The annual event BangaloreIT 2002 is one of Asia's biggest IT and telecom events. The event features a tradeshow, multi-forum conferences and unique networking opportunities.

	Sourcing Knowledge Center

	Visit the Sourcing Knowledge Center to learn more about offshore strategy, services sourcing technology and how your company can improve its sourcing processes. You will find reports written by respected industry analysts, offshore articles from around the Web, and other important resources, such as sourcing newsletters and presentations.

	Resources

	The Sourcing Interests Group Outsourcing, strategic sourcing, eCommerce and procurement best practices D&B.
	Institute for Supply Management Advancing the purchasing and supply management profession through education and development.

	neoIT in the News

	ZDNet India Business, August 2002 BPO: Shopping Around for Indian IT services.
	Atlanta Business Chronicle, August 2002 Ready, Aim, Fire: A look at the art of responding to RFPs.
	Siliconindia, August 2002 neoIT broadens offshore reach.

Opinion Poll

What are your biggest perceived challenges with offshore sourcing?

	Geographic stability
	Intellectual property risks
	Cultural differences
	Poor infrastructure
	Quality of delivery

View Results

Learn more about neoIT.

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