Bhubaneswar, 30th August 2015

X-Ops the Operations Committee of Xavier Institute of Management, Bhaubaneswar (XIMB), hosted its flagship event “Ashwamedh’ 15” here on Sunday. It is an annual national seminar, which brings together eminent personalities from diverse range of backgrounds, including academia, corporate, and the government sector.

IMG_5814

The theme of the conclave was “Gaining Competitive advantage through Operations and Supply Chain Management”. The eventsaw a congregation of leading names from different industries, namely, Mr. Vinay Singh Kushwaha, VP-Supply Chain, Britannia Industries Ltd; Mr. M.S Harinath, GM- Purchase, Mylan Laboratories Ltd; Mr. SoumyakantDwivedi, Manager-Supply Chain, Beckton-Dickinson; Mr. VS Ramesh, Associate VP- Business Excellence, Godrej And Boyce Mfg Co.; Mr. Baldeep Singh, VP-Operations, Snapdeal; Mr. SubhakarMahapatra, Associate GM-Adani Ports & SEZ Ltd. The panel discussion was moderated by Prof. WS William, Faculty Coordinator of X-Ops at XIMB.

11952802_933351246726699_152850274822223539_o

The ground for discussion was laid by Prof. Williams who put forth the relevance of the theme, Operations and Supply Chain Management being the core competency of an organization and its role in creating value to the customers. He also shared the evolution of Supply Chain Management right from the time of Ford in 1913 to the 1990s and thereafter. The first speaker of the event Mr. Vinay SinghKushwaha discussed about the operations and supply chain at Britannia Industries and the challenges faced by the food industry. He mentioned challenges such as low margin and low value density of food products and the distributed supply chain footprint. He also discussed about asset productivity, i.e. keeping the production capacity in tune with the demand which helps to maintain lower costs. The second speaker of the event, Mr. SoumyakantDwivedi, discussed how successful organizations rely on supply chain management to keep their goods and services flowing to the marketplace at competitive rates. He also highlighted the importance of collaboration to improve sense in demand and response in supply. Mr.Dwivedi while summing up quoted Colin Powell who said, “Endeavors succeed or fail because of people involved. Only by attracting the best people will you accomplish great deeds.”

The next speaker, Mr. Baldeep Singh talked about the latest trends in e-commerce and highlighted the key drivers of growth in this industry, such as the increase in options in the online mode vis-à-vis a physical store, the improved reach of the global brands to the customers and the convenience in the shopping time that is reduced.

Mr. VS Ramesh, through an interactive case of Godrej Securities services enlightened the audience on key issues like skew in demand, discounting, variability in demand and importance of effective dealer network. Subsequently, Mr. MS Harinath, explained how Indian Pharmaceutical companies are increasingly gaining recognition for their efficient delivery systems. He also mentioned some challenges faced by the industry such as the domination of distributers.The last speaker of the conclave, Mr. SubhakarMohapatra, citing examples of Ferrari and McDonalds, explained how they process deals with superior and standardized product quality throughout the world. He also cited the example of Indian Railways running in huge losses and stressed on operational excellence for achieving turnaround.The online journal of Xops, Ashwamedh ’15 was also launched by the speakers at the event.

This was followed by an interactive question and answer session between the panelists and the audience. It was a great learning experience for everyone present there. The conclave concluded with a vote of thanks by Prof. Arun Kumar Paul, Professor of Operations Management at XIMB.

Tags:

You might like reading:

IIM Bodh Gaya celebrates International Day of Yoga

With the aim to educate students about the benefits of yoga and incorporate a healthy lifestyle, IIM Bodh Gaya celebrated the International Day of Yoga on 21st June 2022. It marked the first offline event for the current academic year, and everyone participated with a lot of enthusiasm and vigour. The day saw massive participation from IPM, MBA, and Ph.D. […]

0 comments

India Vs Bharat : Digitally Divided

India and Bharat are the two names of the same nation, but there is a great divide between the two as both represent different parts of the name nation. There was always a big gap between the two and still it continues to be the same. India represents the rich and powerful who live in urban region and Bharat represents […]

0 comments
0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Follow us

©2010-2023 IdeasMakeMarket.com |Contact Us | T&C | Privacy Policy

 

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

or    

Forgot your details?

Create Account