Global Services
November 06, 2009
"Managing Forex Risk in Offshoring"
By Pratibha Verma
David Rutchik is the sole quoted resource in this article about the impacts of currency fluctuations in offshore transactions. David Rutchik, Partner at Pace Harmon says, "Many procurement and IT buyers are usually less familiar with foreign exchange issues and they therefore avoid them. Some feel content with their savings that come through labor arbitrage and is traditionally available in dollars. Apart from this, lack of internal treasury groups' involvement in these types of transactions also discourages companies to keep track of currency fluctuations.”
Pace Harmon’s insights regarding technology trends, complex transactions, and supplier management issues are frequently quoted in leading industry journals.
