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Industry experts share thoughts on innovation, challenges and solutions in supply chain management during Best Practices Exchange Meet at IIM Bangalore

The event, hosted by IIMB’s Supply Chain Management Centre, featured speakers from Intel, Logistics Partners of Toyota Motors, Citius Project Portfolio Consulting and IBM

18 December, 2017, Bengaluru: “These are exciting times for Supply Chain Management, the Government is also a facilitator with new measures like GST, so I foresee exciting projects and careers coming up in this area,” said Professor Amar Sapra, Chairperson, Supply Chain Management Centre and faculty in the Production & Operations Management area of IIMB. He was addressing participants at the Best Practices Exchange Meet held on December 15 (Friday) at the IIM Bangalore campus, hosted by the Supply Chain Management Centre (SCMC) of IIMB, along with the Supply Chain Practitioners Council (SCPC).

“The Supply Chain Management Centre at IIMB aims to facilitate interaction of the institute with industry. It organize events focussing on specific industries, hosts the Biennial Supply Chain Management Conference, and focusses on student projects,” he added.

Dr. Radha Krishna, Senior Strategic Supply Chain Program Manager at Intel, while discussing ‘Innovations in Supply Chain’, detailed his own organization’s RDM (Research, Development, Manufacturing) model and spoke about their Vision 2027 in terms of Supply Chain Management, their innovation roadmap that aims to ensure that initiatives translate into business value and produce bottom line results. “The focus is on looking into disruptions, transformation and solutions. The business model revolves around the need for channel partners, vendors and systems integrators”. He concluded by saying: “Logistics cost can be significantly brought down by supply chain solutions. However, knowledge base has to be built for the tool to provide the right recommendation. To sum it up – build, scale, leverage.”

M Shimomura, Managing Director, Transystem Logistics International Ltd. (TLI), Logistics Partners of Toyota Motors, took the audience through ‘Adopting the Toyota Way in Logistics Industry’. He pointed out that to be unique and competitive is the key to success in any industry. He said that his own organization focusses on three elements for operations, the most important of which is adopting ‘Safety First’, which has helped the company up its logistics score and get into the premium range. Second, TLI has started offering full range of maintenance services to own vehicles. “Thirdly, I ask all members to SMILE”, which he explained as: Safe Operations, Motivated People, Innovative Ideas, Learning Capabilities, and Excellent Services.

This was followed by a discussion on ‘Automation and Robotics in Procurement’ by Kishore Gupta, Associate Director – IBM Procurement Services, Global Delivery Centers. Kishore Gupta focused his speech on the ‘source to pay’ aspect of the supply chain management process. He detailed the scope and importance of automation of the complete procurement process of indirect spends categories, which covers from spend analysis, sourcing strategy to procurement to payments to suppliers. He said that IBM has developed software robots that function as a virtualized fulltime employee (FTE) that can manipulate, operate and orchestrate other applications, follow business rules, execute transactions and how cognitive computing dramatically transforms business processes through intelligence/automation. “Welcome to the 4th Industrial Revolution – the exponential age, where software is a very important disruptive force,” he told the audience.

A talk on ‘Construction Supply Chain’ was delivered by Dr. Sanjeev Aundhe, Founder, Citius Project Portfolio Consulting. Discussing innovations in supply chain in construction and real estate, Sanjiv Aundhe said: “The scope of procurement in real estate has expanded. From a support function, run by executives, it is now taking a strategic role in real estate organizations. However, even now it is highly skewed towards material procurement. True SCM, in the sense of integration and alignment of vendors and service providers with organizational objectives, is a long way off,” he lamented.

The Best Practices Exchange Meet & Supply Chain Practitioners' Council (SCPC) is a platform to bring together leading supply chain practitioners across industries to share best practices, showcase achievements and seek solutions to problems leveraging one another’s experience. The meet provided the opportunity for interaction between executives, students, academicians and researchers in related fields.

About Supply Chain Management Centre at IIMB: The SCMC is a major area of teaching and research at IIMB. It is a strategic multidisciplinary Centre of Excellence within IIMB dedicated to carrying out specialized theoretical and applied research on Supply Chain Management and to promote closer and enduring industry-institute collaboration. The Centre brings together practitioners from leading organizations, researchers from renowned research institutes and IIMB’s multi-disciplinary faculty to carry out specialized theoretical and applied research in Supply Chain Management, and works towards becoming an internationally recognized centre in the field.

Click here for the photo gallery.

The event, hosted by IIMB’s Supply Chain Management Centre, featured speakers from Intel, Logistics Partners of Toyota Motors, Citius Project Portfolio Consulting and IBM

18 December, 2017, Bengaluru: “These are exciting times for Supply Chain Management, the Government is also a facilitator with new measures like GST, so I foresee exciting projects and careers coming up in this area,” said Professor Amar Sapra, Chairperson, Supply Chain Management Centre and faculty in the Production & Operations Management area of IIMB. He was addressing participants at the Best Practices Exchange Meet held on December 15 (Friday) at the IIM Bangalore campus, hosted by the Supply Chain Management Centre (SCMC) of IIMB, along with the Supply Chain Practitioners Council (SCPC).

“The Supply Chain Management Centre at IIMB aims to facilitate interaction of the institute with industry. It organize events focussing on specific industries, hosts the Biennial Supply Chain Management Conference, and focusses on student projects,” he added.

Dr. Radha Krishna, Senior Strategic Supply Chain Program Manager at Intel, while discussing ‘Innovations in Supply Chain’, detailed his own organization’s RDM (Research, Development, Manufacturing) model and spoke about their Vision 2027 in terms of Supply Chain Management, their innovation roadmap that aims to ensure that initiatives translate into business value and produce bottom line results. “The focus is on looking into disruptions, transformation and solutions. The business model revolves around the need for channel partners, vendors and systems integrators”. He concluded by saying: “Logistics cost can be significantly brought down by supply chain solutions. However, knowledge base has to be built for the tool to provide the right recommendation. To sum it up – build, scale, leverage.”

M Shimomura, Managing Director, Transystem Logistics International Ltd. (TLI), Logistics Partners of Toyota Motors, took the audience through ‘Adopting the Toyota Way in Logistics Industry’. He pointed out that to be unique and competitive is the key to success in any industry. He said that his own organization focusses on three elements for operations, the most important of which is adopting ‘Safety First’, which has helped the company up its logistics score and get into the premium range. Second, TLI has started offering full range of maintenance services to own vehicles. “Thirdly, I ask all members to SMILE”, which he explained as: Safe Operations, Motivated People, Innovative Ideas, Learning Capabilities, and Excellent Services.

This was followed by a discussion on ‘Automation and Robotics in Procurement’ by Kishore Gupta, Associate Director – IBM Procurement Services, Global Delivery Centers. Kishore Gupta focused his speech on the ‘source to pay’ aspect of the supply chain management process. He detailed the scope and importance of automation of the complete procurement process of indirect spends categories, which covers from spend analysis, sourcing strategy to procurement to payments to suppliers. He said that IBM has developed software robots that function as a virtualized fulltime employee (FTE) that can manipulate, operate and orchestrate other applications, follow business rules, execute transactions and how cognitive computing dramatically transforms business processes through intelligence/automation. “Welcome to the 4th Industrial Revolution – the exponential age, where software is a very important disruptive force,” he told the audience.

A talk on ‘Construction Supply Chain’ was delivered by Dr. Sanjeev Aundhe, Founder, Citius Project Portfolio Consulting. Discussing innovations in supply chain in construction and real estate, Sanjiv Aundhe said: “The scope of procurement in real estate has expanded. From a support function, run by executives, it is now taking a strategic role in real estate organizations. However, even now it is highly skewed towards material procurement. True SCM, in the sense of integration and alignment of vendors and service providers with organizational objectives, is a long way off,” he lamented.

The Best Practices Exchange Meet & Supply Chain Practitioners' Council (SCPC) is a platform to bring together leading supply chain practitioners across industries to share best practices, showcase achievements and seek solutions to problems leveraging one another’s experience. The meet provided the opportunity for interaction between executives, students, academicians and researchers in related fields.

About Supply Chain Management Centre at IIMB: The SCMC is a major area of teaching and research at IIMB. It is a strategic multidisciplinary Centre of Excellence within IIMB dedicated to carrying out specialized theoretical and applied research on Supply Chain Management and to promote closer and enduring industry-institute collaboration. The Centre brings together practitioners from leading organizations, researchers from renowned research institutes and IIMB’s multi-disciplinary faculty to carry out specialized theoretical and applied research in Supply Chain Management, and works towards becoming an internationally recognized centre in the field.

Click here for the photo gallery.