Operations Continuum 2014 was organized on 2nd August 2014.
The Continuum saw a series of lectures centered on the theme: Supply
Chain transformation: Supporting growth through innovative and responsive
strategies.
Our
first speaker for the day, Mr R
Radhakrishnan, General Manager, Information Systems (Functional), Hindustan
Petroleum Corporation Ltd. addressed the following topic: Leveraging Business
Intelligence for Supply and Operations. He started the talk by explaining about the functional and technical departments of Information Systems at HPCL. He
then talked about the history of the Information Technology department at HPCL,
and how it evolved. Mr. Radhakrishnan then talked in detail about the
petroleum industry in India. He provided valuable information regarding the
industry. Next, he spoke about the Supply Chain
Management in an Oil Industry. He began with an overview of the supply chain in the oil industry. He concluded by giving a final take on Business
Intelligence by stating “We should move from IT literacy to data literacy”.
Our second speaker for the day, Prof. Jayendran
Venkateswaran, Assistant Professor, Industrial Engineering & Operations
Research, IIT Bombay, delivered a
talk on Localization of Solar Energy
through Local Assembly, Sale and Usage. He begun his session by elaborating on
why utilization of Solar Energy is important. He highlighted the problem of
electricity in the rural areas. Without electricity, studying at night becomes
a problem for students. As he mentioned, there is no lack of talent in those
areas but it is the education which these people lack. He then moved on to the
concept behind the Solar Urja Lamp project - to solve the issue of studying
without electricity and enable every student to get educated & lead a better
life. He stated that the solar lamps are assembled locally thereby involving
local people in all aspects, which will be the key to the success of this
project.
The third session was focused on the discussion of latest trends
in Product traceability by Mr. Ravi
Ranjan, Regional Head, Supply Chain Management, Pidilite Industries Limited. He
started the talk by defining Product traceability as the ability to trace the
product history, location or application of an item by means of documented
recorded identification. He then
explained the concept of Product traceability and its applications. He said
that Radio Frequency Identification and Barcode are two common methods used for
Product traceability. Next, he moved on to explain Vendor Management System (VMS),
which is a software tool, often web-based, that acts as a mechanism for the
business to manage orders and staff. Typical features of a VMS application
include order distribution, consolidated billing and significant enhancements
in reporting capability that outperforms manual systems and processes.
The
fourth session was delivered by Mr. Vikas
Sarangdhar, Director, Supply Chain, Gartner Inc. on Impact of Digital
Business on Global Supply Chains. He started the talk by quoting the previous
speaker’s example and stating how technology was an advantage to Zara as well as Amazon. He then talked about the
Gartner Supply Chain Business Layers which they use for their research and
advisory. Then he explained the
evolution of Internet through the years from 1990 and predicted 2030 as the
year of Digital Business. He then focused on the change that was brought in
Supply Chain due to the changing demand cycle. Speaking
about the threats posed by the competitors, Mr. Sarangdhar explained that new
players can come from any sector in the market making it difficult to determine
the source of next threat. He concluded that the Supply Chain is now being
viewed as a demand driven value network. He ended with statement “The Future is
Now.”
The
fifth talk for the day was delivered by Ms.
Yojana Motiwale, Assistant General Manager (Purchase), A.W. Faber - Castell (India) Pvt. Ltd., on Green
supply chain management. She started the talk by stating that Green Supply
Chain is something which all Indian companies must try to implement in their
organisation. Later she discussed the benefits of Green Supply Chain
Management which include sustainability, low costs, product differentiation,
competitive advantage, risk reduction adhering to regulations and an overall
improved product quality. She also gave us the examples of companies which have
implemented Green supply chain management in their operations. Thereafter, she
discussed the challenges that India and Indian companies face to implement
Green supply chain management. She concluded by saying that "Green
Supply chain management is the key towards the sustainable growth and secured
future”.
The sixth session was delivered
by Mr. Atul Prakash, Vice President,
Manufacturing Godrej Industries Limited, on the topic: Sustainability in
Manufacturing- A Business Opportunity. Mr.
Atul Started his presentation with a thought provoking video named “Light Bulb
Conspiracy”, which depicted the necessity of sustainable manufacturing for a
healthy development in future years. The deliberation of reducing lifetime of
light bulb from 2500 to 1000 hours in the 1920s, change of the everlasting
Nylon stockings to fragile one; were some of the prime examples depicted in the
video which urged consumers to go for newer products only according to the
need. He also explained about the opportunities for sustainable manufacturing
by emphasizing on four themes. The themes were, Openness to Ideas,
Collaboration, Leadership and Resource efficiency, which are required at this
juncture for the effective growth of manufacturing industries.
The
last session for the day was given by Mr.
Amar N Jha, Vice President, Retail Petroleum, Reliance Industries Limited.
The talk was centred around the Oil and Gas Supply Chain, the challenges being
faced by them and also the steps taken to overcome them. He first touched upon
the recent trends in Supply Chain Management(S.C.M.) which is moving from
manufacturing driven to customer driven. The needs of the customer are
changing with time. High transparency in quality and quantity, time consciousness,
increased level of product and service delivery, better fuel and engine
performance are some of the requirements of the modern customer. The design of
RIL caters to these demands by electronic method of calibration, remote pricing
change, printed bill, Tank Monitoring System, Specialized TT lock and
monitoring system and key management system. The
session concluded with an interactive session where Mr. Jha catered to
individual questions from the students.
The continuum ended with a vote of thanks by the student
co-ordinator for the Operations club. Operations continuum 2014, which saw a
perfect blend of stalwarts from industry and academia, was a great learning
experience for all the students of Shailesh J. Mehta School of Management, IIT
Bombay.
written by,
Opera - The Operations Club
SJMSoM'15
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