The Xavier Institute of Management, Bhubaneswar’s (XIMB) Operation Committee, X-Ops, organised their flagship event and annual business conclave ‘Ashwamedh 2019’ on the theme ‘Driving Global Supply Chain Management through Innovation’ here on Sunday.
The aim of the event organised by the XIMB was to gain perspective on how the business world is evolving and how supply chain management is changing to adapt to Industry 4.0.
Raymond Ltd DGM (Strategy and Supply Chain Management) Sunil Bharadwaj as first speaker spoke about the need for a self-sustaining model of supply chain management, and also the need to implement the principles of design thinking and change management in the workplace.
He insightfully stated that, “Supply Chain Management is about visibility, velocity, and variability”.
Legrand Supply Chain and Business Transformation Country Head Satpal Singh, the second speaker, talked about how innovation in supply chain management should not be just for the sake of innovation. He also stated that the focal point of supply chain is to take care of the customer and advised the companies that they must self-disrupt, so that others cannot do the same to them.
PATH Supply Chain Programme Deputy Director Nikhil Kush suggested that supply chain management is too narrow a term, and that we should look at value chain management as an overarching concept.
As the only panel member from the public sector, he differentiated between supply chain management in the private and public sector and stated that, “The goal of Supply Chain in the public sector is maximum coverage – to move from curative to preventive solutions”.
A Q and A session was also held where the students asked insightful and inquisitive questions to the speakers. The annual magazine of X-Ops ‘Ashwamedh’ was released on the occasion. Among others, XIMB Supply Chain Management Prof Bikram Kumar Bahinipati and student coordinator Ankita Rath were present.