Sections: Inner Blogs

Engineering companies need to dig deep and ensure that their outsourcing services partner comes with the necessary domain expertise and relevant field experience backed by a strong commitment towards process orientation and maturity. By creating a self-sustaining Center of Excellence (CoE) and clearly distinguishing roles and responsibilities, organizations can ensure process and delivery consistencies within

Oil and gas disasters tend to be catastrophic. Aging infrastructure and associated deterioration due to corrosion or other environmental factors, wave forces and other factors affect the structural integrity of rigs. Leakage results from failed infrastructure. Human/organization causes for oil and gas disasters such as errors or omissions during the design phase (faulty assessment of

Collaborative Innovation helps international organizations to solve critical issues of capacity and capability augmentation and cost optimization. More often than not, organizations seek engineering outsourcing as a collaborative option. Engineering outsourcing today has become more mature, with innovation driving the dynamics of every strategic outsourcing partnership. Pure-play sourcing relationships are slowly transforming into strategic partnerships

Multiple aspects collude together to ensure success when trying for a product or service break through in emerging markets. Here are six sure ways to understand and realize the fruits of your glocalization efforts: Know your Customers Emerging markets can be typically segmented into four: • Global customers: Customers who go for global brands and

As we ponder over the evolution of the global market place, global products and brands trying to tap into emerging markets had their eyes on targeted customers in a couple of selected segments. These customers were aspiring to buy global products in local markets, willing to pay the price at par with the global markets.

Innovation happens when an idea is implemented to create an impact. It has three elements: idea, implementation and impact. The impact is typically measured as either cost saving or an increase in revenue – both resulting in higher profits. Innovation in product companies (or OEM) is well understood and practiced. They have well established processes,

The emergence of competition (resulting in lower bill rates) as well as rising operational costs (wage, infrastructure, overheads) have put tremendous pressure on the margins of ESO companies. A popular method to retain/improve margins as well as to beat the competition is to improve productivity. Productivity initiatives are driven to reduce time taken to complete

There are several challenges faced by the ESO companies while attempting innovation. Challenge: Intellectual Property – Most of the work done by ESO’s is done directly for their customers on their products. Thus by default, they do not own the product. Any innovation that emerges as a result of the work carried out belongs to

ESO companies can take the following steps to grow up the value chain through innovation. LEAN/Six Sigma Most companies start their journey on process improvements through LEAN/Six-Sigma. This is a time tested method and has been adopted across all sectors. At QuEST, we started the journey in 2006-07. The Six-Sigma concept brought rigor in terms

The engineering services industry has evolved over the last 20 years in India. Currently there are approximately 6000 engineering services organizations in the country. Over this period, customer expectations and service offerings from suppliers have changed. After the success of IT outsourcing success, we saw many companies starting outsourcing their engineering efforts for various reasons: