The trend is evident now. Since the harmonization of European regulatory standards and the convergence of prices will make the European market more transparent, the comparative cost advantage of having subsidiary units in multiple national markets is not as advantageous. In 1998, the Netherlands was voted by The Economist Intelligence Unit as the best place to do business - evidence to the high number of SSCs that have selected Holland as their primary site. These centers enable companies to lower costs of operations by gaining economies of scale and deliver more expedient service. Centralization of expertise and resources also allows companies to focus on new markets.
Companies centralizing operations can expect significant savings.
Based on our experience to date, we anticipate a much greater percentage. The team of consultants at NFIA can provide in-depth guidance on the various aspects of centralization. For centralization tips and tactics, contact the NFIA .