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LINKEDIN LIVE The CPG and Retail GBS Market: Priorities, Opportunities, and Challenges View the event on LinkedIn, which was delivered live on Wednesday, November 1, 2023. Viwers will gain actionable insights, learn variations in GBS model adoption, and discover best practices to build future capabilities.
What’s Next for Retail & CPG GBS Organizations. Summary Retail and CPG GlobalBusinessServices (GBS) organizations have traditionally delivered cost-effective and consistent support services. VIRTUAL ROUNDTABLE | MEMBERSHIP EVENT. November 11, 2021 |. 8 AM CST | 9 AM EST | 2 PM GMT | 7:30 PM IST.
Retail and CPG GBS Success: Reimagining Operating and Governance Models. Summary As you are likely experiencing first-hand, retail and consumer packaged goods (CPG) GlobalBusinessServices (GBS) organizations have evolved from internal providers to strategic partners to the enterprise, driving operational and technological advancements.
Of this, close to 30,000 are working for third-party service providers across banking and financial services, retail, automobile, and healthcare. About 20,000 are employed in globalbusinessservice centres in Ukraine, and another 30,000 in Belarus and Russia for third-party services providers and GBS.
The dynamic global market and growth strategies targeting emerging markets have introduced new considerations for organizations. This evolving landscape prompts a re-evaluation of how services can be optimally delivered. This is where the choice between Shared Services and GlobalBusinessServices (GBS) becomes critical.
Other industries where specialized expertise in finance and accounting is highly valued include banking and financial services (BFS), media and entertainment, healthcare, retail and consumer packaged goods (CPG), and travel and logistics. Download a complementary abstract of the report.
Market volatility, uncertainty, complexity, and ambiguity are some of the factors forcing SSCs to pivot their business models to buffer them from future shocks. This highlights the dependency on these centers for cost optimization, process efficiencies and standardization, and large-scale digital transformation.
Who should attend: Buyers and providers of services Locations portfolio strategy professionals Leaders of workforce strategy CEOs and CXOs Global sourcing managers Vendor managers Raghav Agarwal Practice Director Prashray Kala Partner Ravneet Kaur Senior Analyst Related Content Market Vista : Q4 2022 | Report Key Issues for 2023: Rise Above Economic (..)
From an industry vertical perspective as well, we are seeing growth across most major segments including financial services, telecom, media & technology, retail and consumer goods, etc. Reach out to us to discuss this topic further with our expert analysts.
Over the years, the city has also attracted multiple Fortune 500 giants from aerospace, manufacturing, retailservices, pharmaceuticals, and professional services industry verticals. Hyderabad has traditionally been a stronghold for pharmaceutical enterprises. However, the city’s appeal has now expanded beyond this industry.
Our research into GlobalBusinessServices (GBS) organizations reveals a clear Evolution Trajectory, illustrating how the focus has shifted from narrow efficiency metrics to a broader emphasis on innovation and value generation. In this evolving landscape, productivity has transcended its traditional boundaries.
New business functions in the organization will be incubated and scaled in India, making the country a sandbox of breakthrough innovations. GlobalBusinessServices (GBS) has been a major trend across large companies. For D2C, companies need capabilities in mobile development, customer experience, and payments.
Consolidation works well for the GlobalBusinessServices (GBS) model within GCCS. It helps companies institutionalize key business functions for a multi-hub organizational structure.
But with automation becoming more pervasive and strategic, IT leaders are jointly owning automation charters along with the business. Additionally, with business and corporate functions being consolidated into GBS (GlobalBusinessServices), there is a renewed focus on process reimagination and technology infusion.
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