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Outsourcing News : Article

InformationWeek 500: Cost-Sensitive Consumer Goods Firms Look To Outsourcing

Among 22 industry sectors in the InformationWeek 500, the consumer-goods category came in third in terms of the percentage of respondents planning to pursue new global opportunities this year.

The leading strategies for doing so among consumer-goods companies in the InformationWeek 500 are reengineering applications (91%), improving data integration (86%), and increasing automation (71%). Nearly a fifth of consumer-goods companies are outsourcing IT operations either offshore or domestically.

Though outsourcing didn't rank high, it continues to have appeal in the consumer-goods sector, where companies are particularly sensitive to costs. Among 21 industry sectors in the InformationWeek 500, the consumer-goods category ranked third, behind hospitality and travel and metals and natural resources, in percentage of respondents planning to pursue new global opportunities this year. Twenty-nine percent of consumer-goods companies expect to do so.

Consumer-goods companies mare setting their sights on optimizing business efficiency.

Read entire article on Information Week

Posted: Tuesday, September 18, 2007

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