volume
from the desk of
Vinaya Varma Vice President, buyjunction
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march, 2013
2012 has been a rather gloomy year. While Europe slipped into a double dipped recession, the US witnessed a further slump in its markets. India too was plagued with its own share of economic problems like rising inflation and imports, along with a falling rate of industrial output which in turn slowed India’s growth rate and added to the increasing current account deficit. All these factors have had a negative impact on business confidence and operating margins.
With the second issue of buyjunction connect we try and bring to you a synopsis of current industry trends, market analysis and an overview of what to expect in Q4, 2012. The issue offers tactical advice which should help you understand the key focus areas for your procurement needs, given the existing market situation. The newsletter also captures a few of buyjunction’s success stories in some core procurement categories that we specialise in. We hope that this newsletter will help you understand how we add value to our client’s businesses through innovation and in-depth analysis of their requirements.We only strive to create win-win deals foryou.
www.mjunction.in www.buyjunction.in
corporate office mjunction Services Limited Godrej Waterside Tower – I, 3rd Floor, Plot No. 5, Block – DP Sector – V, Salt Lake City, Kolkata – 700091, WB, India Tel: +91 33 6610 6100 Fax: +91 33 6610 6187/ 6179 / +91 33 6601 1719 / 1720
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To survive and to register growth and profit, an increasing number of businesses are now looking at optimising their operations to achieve maximum efficiency by outsourcing certain functions to specialist organisations. buyjunction’s array of procurement services aim at delivering immediate, measurable results that can lead to guaranteed savings and significant positive impact on profitability by freeing up the client’s bandwidth.
mjunction is the largest ecommerce company in India. It is a 50:50 venture promoted by the Steel Authority of India Limited (SAIL) and TATA Steel.
anirban.sarkar@mjunction.in tapas.chakraborty@mjunction.in
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registered office TATA Centre, 43 Jawaharlal Nehru Road, Kolkata 700 071 Tel: +91 33 6610 6100, 2288 2606 Fax: +91 33 2288 2078
Regards,
Vinaya Varma, Vice President, buyjunction 1