IIMB’s Supply Chain Management Centre hosts industry leaders at Best Practices Exchange Meet on May 17

Bangalore: The Best Practices Exchange Annual Meet 2019, organized by the Supply Chain Management Centre, a Centre of Excellence at IIMB, here today, was well attended by practicing SCM professionals, domain experts and business leaders from various industry sectors, along with academia from Universities, business schools and the ASC Centre & College (Army).

The inaugural talk, delivered by Prof. Gopal Naik, Dean Faculty at IIMB, emphasized the merits of regularly sharing best practices by various industry sectors.

Prof. Jitamitra Desai, Chair, SCM Centre at IIMB, in his welcome address, highlighted the fact that the centre was committed to research, duly supported by world-class faculty and research scholars.

Shantanu Preetam, Sr. Director of Engineering – Supply Chain, Walmart Labs, explained how supply chain at Walmart had moved from being an ‘enabler’ to a ‘service for creating value’.

Sudhanshu Singh, Country Director – Supply Chain, Dell Technologies, listed the initiatives at Dell in terms of people, assets, smart logistics and circular economy. “These are front runners for sustainability in the supply chain and corporate social responsibility,” he said.

Anuj Jain, Sr. Manager Finance – SCO, Bharat Petroleum Corporation Ltd., said: “Mitigating risks in the energy supply chain at BPCL with turbulent crude oil prices is a priority managed through a Supply Chain Optimization cell, to ensure continuity of the Oil lifeline.”

Satish Kumar S, Lead – Transport Solutions, TVS Supply Chain Solutions, presented a case study depicting end-to-end aftermarket supply chain of Auto components on a technology platform, and brought out the nuances of optimizing the metrics related to order fulfilment, distribution network and inventory.

Karthikeyan Krishnan, Director – Customer Support, Manhattan Associates, spoke of how retail trends compelling a paradigm shift from a ‘product’ to a ‘service’ mindset is a given to ensure high quality customer experience for the retail industry.

Prakash K Pattanayak, Dy. General Manager – Integrated Margin Management, Hindustan Petroleum Corporation Ltd., described how an interesting discussion arising from the Goods & Services Tax (GST), a destination-based consumption tax on certain petroleum products, had brought out the opportunities which far outweigh the challenges, during the implementation journey.