The pace of change in Indian manufacturing industry has been blistering. The world is impressed with the acquisitions the Indian manufacturing companies are making across the world, the innovative products they are show-casing, cost & efficiency benchmark they are setting - each bringing out a hither-to unknown facet of Indian manufacturing. Thus, while selecting new vendors, organizations are treating value aspects as their top priority. While costs continue to be important, value aspects such as functional fitment of solutions, technical fitment from an law perspective as well as alignment to the organization needs take the utmost priority.
While response to business requirements comes to close second, the top most performance indicator for most finance professionals is the ability to deliver on time right from thought of conceptualizing an idea to timely execution.