Insurance firms embrace outsourcing to cut costs

Hemmed in by regulatory changes and a potential squeeze in profitability, insurance companies are now increasingly looking to outsource many of their non-core functions to cut costs and remain competitive. ICICI Prudential, Max New York Life and HDFC Standard Life are among those who have initiated discussions to outsource some of their activities as focus [...]

Implementing MES, compliance, developing products and PLM

Here is a look at what we have coming up for you over the next couple months in the Manufacturing and Supply Chain sector from WTG Webinars.

The Supply Chain Strain Is Changing the Way Manufacturers Do Business

As growing demand boosts production in the second half of 2010, some companies will fail to meet output due to struggles in the supply chain.

Earnings season has shown industrial companies’ surging profits in the first half of the year and increased optimism for the months to come. Emerging market strength and stable raw material prices have helped the manufacturing boost.

Apollo on hunt for new supply chain partners

Property renovation specialist Apollo is looking to sign-up new subcontractors and manufacturers to its supply chain.

The refurbishment giant is hosting a series of supply chain events across the UK in a bid to attract new firms.

US bill would give FDA more powers to regulate supply chain

A bill designed to give the US Food and Drug Administration greater powers to oversee the pharmaceutical supply chain has been introduced by Colorado Senator Michael Bennett.

Walmart: “A decade until Indian supply chain up to scratch”

Us retail giant Walmart has admitted that potential supply chain issues could make any future expansion in India problematic – for as long as a decade.

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Retailers’ ambition for more control is clear

The extent to which supermarkets are trying to take more control over their fresh produce supply chains was underlined this week with Morrisons’ acquisition of Simply Fresh Foods.

The purchase strengthens Morrisons’ distribution capability with a profitable company that overcame a devastating fire in late 2006 to bounce back with new facilities and a strong bottom line last year.

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India targets more links in Africa’s food supply chain

Currently India is South Africa’s sixth-largest Asian trading partner, with total trade between the two countries reaching $4.4 billion in 2008, thanks to rise in both exports & imports of agriculture, food and technology based products.

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DHL’S £100M SCHOOL FOOD BILL TASTER

SUPPLY chain management firm DHL is whetting the Government’s appetite for budget cuts by claiming it could make £100million in savings from outsourcing food-buying operations for schools

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Railway industry to be told to put the brakes on its ‘unsustainable’ costs

Office of Rail Regulation study found Network Rail was 30% more expensive than German and French counterparts. Photograph: Luke Macgregor/Reuters The rail industry will be told it needs radical changes to its “unsustainable” cost structure when the government publishes the terms of an in-depth study into the sector’s strained finances this week. The former chairman [...]

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