eyeforprocurement Announces the Launch of the 4th Low-Cost Country Sourcing Conference, Prague, the Czech Republic, 16-18 September 2008

eyeforprocurement 4th Low-Cost Country Sourcing conference is an event that will help procurement professionals to buck the economic slowdown trend and ensure that procurement cost remain stable.

London (PRWEB) April 21, 2008 -- For procurement professionals, the pressure is on. Rising commodity costs and tightening raw materials supply mean profit erosion or price hikes -- and loss of competitive advantage in a business climate that's growing tougher month by month. And Low-Cost Country Sourcing (LCCS) is now more important than ever. The latest eyeforprocurement Sourcing in Low-Cost Countries Survey of 185 procurement executives from manufacturers, retailers, and 3PLs in Europe, North America, and Asia reveals:

• Wage inflation in many low-cost regions, including China, India and Eastern Europe, is rising - by over 10% in some countries

•Material costs are going up across the board, especially in low-cost countries that are scrambling to build their infrastructure and global market offerings

It looks like, it's not going to get any easier for the next little while. The 4th Low-Cost Country Sourcing Conference a timely solution for everyone who is looking to protect the bottom line and triumph in the face of recession fears.

More than 200 delegates will gather in Prague on 16-18 September 2008 to get practical information and network with people who worked for years in various low-cost countries. All low-cost regions will be covered: China, India, Central & Eastern Europe, South-East Asia, Mexico, Latin America and Africa.

Example speakers include:

Novartis Pharma - Head of Sourcing, Global Sites - Sammy Rashed

DaimlerChrysler - Dir. for Strategy & Support, Procurement Mercedes-Benz -Gerd Schlaich

EADS - Head of Global Sourcing Network - Philippe Advani

Nokia - Director, Marketing Sourcing INS EMEA - Ismo Ojanen

Government of the Czech Republic - Commissioner of Minister Robert Szurman

Siemens - Head of Global Sourcing - Miroslav Pavlícek

L'Oreal - Purchasing Manager Sourcing Center DPGP - East Sourcing -Jerome Courtaigne

Georg Fischer Automotive Head of Purchasing Atul Malhotra

Consul General of Argent ine in Prague - Gustavo Horacio Luis Fazzari

Ambassador of Mexico in Prague - José Luis Bernal

Embassy of the People's Republic of China China Economic & Commercial Counsellor - Fei Yixiang

Ambassador of South Africa to Czech Republic - Nomsa Dube

Full speaker list is available at http://www.eyeforprocurement.com/lccs2008prague/speakers.shtml

Individuals interested in attending the 4th Low-Cost Country Sourcing conference are reminded that the early bird prices end on 23rd June 2008 - people can register at https://secure.firstconf.com/procurement/lccs2008prague/register.htm

For more information on the conference, see http://www.eyeforprocurement.com/lccs2008prague/ or contact Izabela Janecka at +44 (0) 20 7375 7564.

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