Mitigating Risks for Outsourcing Buyers in Today’s Emerging Offshore Markets

Tweet

Back in the 1990s when offshoring was new, India was a new, emerging market. Outsourcing buyers had to assess the economic, political, infrastructure, weather, social and exchange rate risks in determining if the labor arbitrage was really worth it. “Emerging markets will continue to be a driver for outsourcing growth,” observes Kurt Cavano, vice chairman of GT Nexus, a cloud-based network for global trade and supply chain management. “The new business paradigm is about taking advantages of these ever-changing global trade options anywhere in the world, creating an agile supply network and responsibly delivering quality goods and services at the lowest possible cost.”