SPJIMR hosts Operations Conclave 2013 on Managing Risks & Sustaining High Performance in Supply Chain Operations
| January 21,2013 11:51 am IST
SPJIMR, Mumbai, January 19, 2013 – ‘Managing Risks & Sustaining High Performance in Supply Chain’ was the theme for the Operations Conclave today at S. P.
Jain Institute of Management & Research, Mumbai, as part of the annual SPJIMR Academic Conclave (SAC). The SPJIMR Academic Conclave (SAC) is a platform for fostering business and aimed at academia integration exclusively at corporate organizations.
Dr. Sesha Iyer, Director, SPJIMR inaugurated the event following which Prof. Umesh Bahadur, Head Operations Management, SPJIMR, presented the introductory speech and welcomed the eminent speakers and guests. The winners of intra-college case study competition organized in association with CSCMP then presented their case revolving around the theme of the conclave.
The keynote speaker for the conclave was Prof. David J. Closs, the John H McConnell chaired professor of Business Administration & Chairperson, Department of Supply Chain Management, Michigan State University. His presentation, ‘Evolution of Supply Chain’ dealt with the trends impacting supply chain decisions in India and how a good supply chain should address effective and efficient management of physical assets, expertise and intellectual capital. He said that the supply chain managers today have the evolving responsibility of managing risks and securities as the supply chain dynamics are constantly changing.
The keynote address was followed by a presentation by Dr.R.K.Sinha, COO (SCM, Manufacturing & IT), Godrej Consumer Products Ltd. on ‘reflexive high performance supply chains’. He discussed the ways of embedding concepts of reflex action into supply chain to minimize chaos and maintain balance. Mr. Hemant Sikka, Chief Purchase Officer, Auto and Farm sector, Mahindra & Mahindra then talked about managing risks and sustaining high performance in the supply chain in the automotive sector in his interactive presentation. Dr. K. Ganesh, Knowledge Specialist, McKinsey & Company, India gave valuable insights on the various technology shifts in the twenty-first century supply chains and how they were coping with the accelerating pace of technology and innovation. The last presentation for the day was given by Mr. Rakesh Jaruhar, IPS, Advisor CRPF, Special Director General CRPF (Retd.). He explained the nuances of supply chain in context to the Central Reserve Police Force (CRPF) and the police department as a whole. His interactive session with a touch of humor was well received by the audience.
The speakers were followed by a panel discussion on ‘How Indian companies can manage risks and sustain during this time of globalization’, moderated by Mr. Nikhil Inamdar, NDTV Profit. The discussion focused on how globalization has exposed companies to new risks but created new opportunities, and ways in which a company’s responsiveness to changing economic, social, and environmental land-scape can potentially create growth opportunities and sharpen its competitive edge with associated risks that have to be managed. The panel consisted of the keynote speaker Prof. David Closs, principal speakers Dr.R.K.Sinha, Mr. Hemant Sikka, Mr. Rakesh Jaruhar, Dr. K. Ganesh and Prof. Umesh Bahadur. Prof. Bahadur said that the Indian companies are gearing up due to competition, seconded by Mr. Hemant Sikka that it’s not the competition of the original equipment manufacturers (OEMs) but a competition of the supply chains of OEMs. The panel agreed to Prof. Closs’s statement that the organizations are dramatically looking for CSR and environment friendly activities as a part of sustainability initiatives.