Sourcing from India - The Europe Perspective

Johan van Hamme, Managing Director of Clear Vantage and Cu-Factor made several presentations in Mumbai and Pune on “Sourcing from India – The EU Perspective” for audiences like Chemexcil, EECP India, Generation Next Business Consulting (GNBC) and BizXchange (The Times of India).

The same topic was also discussed during the Global Economic Summit at the Taj Mahal Palace & Tower in Mumbai in front of a huge international audience.

The objectives of the various meetings was to highlight mutual opportunities between India and Europe in terms of sourcing by paying attention on how to make the story successful from a process point-of-view. Strong emphasis was also given to the various business and cultural differences, and characteristics of the most important countries were highlighted.

The full story that was positively embraced by many Indian companies was built out of:

• The current economical situation in Europe on a country basis
• Business culture awareness and characteristics in the EU
• Requirements from EU buyers
• Recent changes due to the crisis in Europe
• Trends, pro’s and con’s per vertical and/or industry 
• Opportunities for Indian companies in terms of sourcing and/or investments

These strong guidelines developed thanks to strong sourcing and supply chain management experiences, will certainly support India in further constructing the “Business Bridge to Europe”.