IIM-B to host 'India Sourcing Summit-2008'

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Bangalore, Nov 23 (UNI) In the backdrop of India emerging as the hub of global sourcing, Indian Institute of Management-Bangalore (IIM-B) will host 'India Sourcing Summit-2008' (ISS-2008) on February eight and nine next year.

About 150 top business leaders from world over, including corporate leaders, chief executives and academia and researchers from China, Europe, the US apart from India would attend the conference. The Summit was being organised jointly by IIM-B, the International Management Network and Supply Management Institute (SMI).

Talking to newspersons here today, Conference Secretary Mr Constantin Blome, an IIMB visiting professor and a top official from SMI, said sourcing and supply management had become decisive factors for ongoing growth of India's economy.

In view of this, the organising committee had decided to theme the conference as 'India as an emerging hub of global sourcing', which showed the strategic importance of the country for MNCs in almost every industry.

The topics of the summit would include sourcing in the areas of IT services, retail, R and D, engineering services, pharma, automotive and logistics.

''ISS is a knowledge event and not a trade fair or exhibition and it include formats like key note speeches, panel discussions and workshops,'' Dr Blome said.

Dr B Mahadevan, IIMB professor specilising in sourcing and supply management, said supply heterogenity was happening in India and this would result in hyper growth in global industries in different fields sourcing from the country.

''Supply chains and its bottlenecks will have to be studied carefully for India to emerge as the leader in global sourcing and this event will help the industry in streamlining the future programmes,'' he added.

The first meeting of the Advisory Board of ISS, which includes top officials from both Indian companies and MNCs, was held here today.

UNI

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