Thursday, December 04, 2008
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KNOWLEDGE MANAGEMENT TAGS
"Strategic Sourcing", "Outsourcing"
Infosys focuses on procurement
Infosys BPO, the business process outsourcing subsidiary of consultancy and IT services company Infosys, has reorganised its procurement business to meet the demands of growing business opportunities in the market.
In a bid to differentiate itself from its competition, Infosys BPO's restructuring will include the provision of end-to-end solutions across the entire "Source-to-Pay" cycle to address changes in the sourcing and procurement industry.
The division will now provide e-procurement, supplier management, contract management, strategic sourcing, and spend management services.
"With the dynamic changes occurring in the procurement market, there is a need to realign to create a model that can meet the new challenges of our strategic direction, increased customer expectations, and higher levels of competition," said Ravi Panchanadan, Infosys BPO's head of sourcing and procurement.
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