IBM to open supply chain research center in China

Filed in archive News on March 18, 2008

A short but interesting news from Triangle Business Journal: IBM opens a supply chain research center in China.

IBM said Thursday that it is opening a supply-chain research center in China to help companies figure out how best to deliver products worldwide.

Big Blue made the announcement at a supply-chain summit this week. The company is opening the research center in Beijing because China has one of the world's fastest growing economies and supplies huge amounts of exports to the rest of the world, IBM said.

Global services, which includes IBM's supply chain business, is the company's fastest-growing division by sales. Revenue from the division grew 13 percent to just over $18 billion in 2007, the company said in its most recent earnings report.