The Supply Chain Summit 2015 – A Success Story

SKEIN, the Supply Chain and Operations Club of IIM Udaipur in collaboration with State Bank of India successfully conducted The Supply Chain Summit’15, second edition of the annual Supply Chain Symposium on 14th February, 2015. The clubs and committees of IIMU give ample opportunities to its students to master the tapestry of learning and holistic development while getting hands on experience in organizing events. SKIEN’s constant endeavor remains imparting the students of IIMU the latest knowledge from the World of Supply Chain. It is an initiative to bring together Supply Chain enthusiasts from academia, the local community and industry alike and provide a platform where global leaders can share their opinions and views on supply chain through engagement in panel discussions and thus provide valuable insights to the students.

Stage Pic

The event flagged off with an opening speech from Prof. Janat Shah Director, IIMU who presented his vision for the institute with strong emphasis on research, analysis and entrepreneurship. The umbrella theme for this Supply Chain Summit 2015 was “From Apple to Apple – Supply Chain Transformation”, aptly developed around the global Supply Chain evolving activities and the prominent opportunities in the sector in future. The theme throws light on the transformation that took place from selling of apples in grocery stores to developing and implementing innovative supply chain technologies in companies such as Apple Inc.

The run-up to the event saw numerous online and on-campus competitions being held, with teams from the best B-schools across the country joining the event for battling their knowledge out in the arena in front of the judges.

Panel 1 close up

The event saw two important panel discussions between eminent corporate leaders. The first panel discussion with the sub-theme, “Make in India: How Supply Chain can help achieve the Dream” had panelists Mr. Ajay Jhalani – Head Supply Chain (CHEP India Pvt. Ltd.) , Mr. Chandramohan Gupta – Director Supply Chain (Coca Cola – India and SW Asia),  Mr. Shyamal Chatterjee – Head India Operations (Tupperware) , and Mr. Vinal Kabra -Global Supply Manager (Apple Inc., California). The vast experience these professionals had helped in an engaging and enriching discussion with various strata of Supply Chain management touched upon like Sustainability of Make in India, Importance of Analytics in the field of Supply Chain, protecting the margins in businesses, amalgamation of frontend and backend processes, and problems pertaining to warehousing and storage of food in India. The panel mentioned that roughly 12-14% of India’s GDP goes into logistics and similarly 80% of the price of the product also comprises of supply chain. They also threw light on the importance of new managers coming into the industry and the expectation from them. The speakers discussed about plethora of issues ranging from integration with suppliers, Squeezing of working capital & its profitability, Accurate Demand aggregation, and enhancement in Cold Chain infrastructure.

Panel 2 Close Up

The second panel discussion revolved around the sub-theme, “E-Commerce in India: Competitive Advantage through Innovations in Supply Chain” with the panelists Mr. Hrishikesh Pore – Head Grocery Online (My247Market.com – A TATA Enterprise) , Mr. Navneet Rai – Co-founder (Tolexo) and Mr. Jayant Mahto – VP Operations (Firstcry.com). The panel discussed about how e-commerce has brought the once backend process of a business i.e supply chain to front end. They discussed the dilemma of maintaining a site that offers products both perishable and nonperishable products.  The panel discussion was mainly interaction driven with students asking questions specifically related to e-commerce industry as well as companies that the panelists are representing. The panelists also discussed the benefits of e-commerce as compared to the traditional method of shopping offline.

Audience

The event ended with a felicitation of the speakers and a vote of thanks. The Supply Chain Summit’15 was a resounding success with speakers and participants alike, appreciating the seamless organization of the entire event and the insights they gained through the discussions.

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IIM Udaipur students join the conference at National University of Singapore (NUS)

Globalization has touched the lives of almost all of us in India here. At IIM Udaipur, the opportunities to interact at the global scale are immense as global immersion is one the key pillars of the firm foundation of the Institute. The vision shared by Director Dr. Janat Shah is charted responsibly by the students and thus helps in developing globally competent managers.

Each year more than 50 % of the batch receives the International exposure through foreign summer placements, Student Exchange Programme and International Business Programme. Over the years, global inclusion has helped the institute to develop healthy relationships with some of the top rated institutes across the globe.

Adding to the list, College of Alice and Peter Tan, National University of Singapore (NUS) invited students from Indian Institute of Management, Udaipur (IIMU) to join the two day student conference in Singapore and present their views on the topic “Making the difference through community engagement”.

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The students from the second year of PGP batch of 2013-2015 expressed their keen interest in joining the conference. As a part of Phase 1, the students submitted the abstract of their analysis on the Community Engagement Models based on collaboration between Non-Profit and For-Profit organizations. The task involved rigorous research and challenge to convert bulk of information into brief, understandable and presentable form.

In the second phase, the group of students travelled Singapore to join two days Symposium organized by CAPT, NUS. The group presented their detailed study of the sample model adopted by SELCO Solar Pvt. Ltd. in community engagement activities. The study involved ground work done by SELCO Solar in understanding needs of the community and the role played by SELCO Incubation Centre in development of local entrepreneurs of Odisha, Assam and Meghalaya who are working in the solar sector. The audience to the presentation included students from other parts of the globe such as Philippines, Singapore, China and Myanmar.

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The event formatted through panel discussion where the delegates exchanged views on various topics such as Creating healthier communities, engagement with seniors, challenging inequality and engaging communities with social enterprises.

The students from IIMU along with other delegates also paid a social visit to the underprivileged community in Singapore and noticed the initiatives taken by the government for the development of the deprived. The experience thus gained, helped students to broaden their perspective and also to inculcate the best practices exchanged during their visit.

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IIM Udaipur considers global immersion to be one of the cornerstones of its success. The students are given opportunities to explore their hidden abilities and are assumed complete freedom to take up the challenge individually and responsibly.

IIM Udaipur student representatives

Kumar Kaushal | Rohit Mishra | Anupam Mandal | Nischal Naidu | Sanjay Sharma | Akanksha Tirkey

Arth – Samvaad 2014 concludes amidst piquant discussions, applauds and cheers!

Finomina The Finance Club of IIM Udaipur successfully organized Arth Samvaad 2014, the second edition of its annual Finance Symposium on 25th January, 2014. The clubs and committees of IIMU give ample opportunities to its students to master the tapestry of learning and holistic development while getting hands on experience in organizing events. Finomina’s constant endeavor remains imparting to the students of IIMU, the latest knowledge from the world of finance. In light of the recent economic complexities and the challenges faced by corporates in financial management, a host of speakers, all leaders in multiple financial services organizations were invited for the symposium.

Panel discussion

The event flagged off with an opening speech from Prof. Janat Shah Director, IIMU who presented his vision for the institute with strong emphasis on research, analysis and entrepreneurship. The umbrella theme for Arth-Samvaad 2014 was Financial Management Cues for the Future, aptly developed around global financial chaos and prominent future opportunities in the sector. The Chief Guest of the event, Mr. V S Sundaresan, Chief General Manager, SEBI efficiently deliberated on the topic progressing through the performance of financial markets in leaps and bounds and how SEBI’s focus has been around Products, Processes and Participants.

Prof. Janat Shah has always been a driving force motivating his students. And IIMU students witnessed a sheer moment of this construct when the Chief Guest was joined by the Keynote Speaker of the event, Mr. Satya Narayanan R, FounderChairman, Career Launcher. Mr. Satya Narayanan R has been a student of Prof. Janat Shah at IIM Bangalore and his entrepreneurial success in leading Career Launcher to the helm among the Educational Services companies of India shows the prominence with which Prof. Janat Shah champions the transformation of his students exalting all of them with his vision. Mr. Satya Narayanan R discussed about the role capital markets can play in influencing the masses and the values like paying back to the society which should lead the businesses.

The event saw two important panel discussions between eminent corporate leaders. The first panel discussion with the sub-theme, “Corporate FinanceDoes Practice Meet Theory?” had panelists Mr. V Srinivasa Rangan, Executive Director, HDFC, Mr. Sourav Mallik, Senior Executive Director and HeadMergers & Acquisitions, Kotak Investment Banking and Mr. Srinivas Baratam, MD, Kriscore Financial Advisors. The discussion was moderated by PGP student, Dhiraj Kumar. The vast experience of these professionals nurtured an engaging and enriching the discussion with various aspects of corporate finance touched upon like conservatism, valuation to the shareholders, gaps between theory and the dynamic world of practice, debt, equity and the challenges of expected returns in the market. The finance enthusiasts of IIMU were equally excited to be in the audience and the panelists instantly struck a chord to inspire the students as role models with their innovative talks, delivering complex financial jargons in a light manner keeping everyone in splits.

The precursors of the final day event were competitions under the title Vitt-Sangram, the Pan India Debate Challenge, Quiz Competition and Article Writing Contest. The participants from leading B-School joined the team from IIM Udaipur for battling their knowledge out in the arena in front of the judges.

The second panel discussion revolved around the sub-theme, “Capital Markets in India: Infancy, Early Adulthood or Mature?” with the panelists Mr. Sandip Sabharwal, Investment Advisor and a Star Fund Manager, Mr. Amit Thawani, Executive Director, Nomura Financial Advisory & Securities (India) and Mr. Imtaiyazur Rahman, Group President & CFO, UTI AMC with the discussion being moderated by PGP student, Naimish Shah. The speakers discussed about the market size of Indian Capital Markets, Mutual Funds, IPO and the effect of GAAR on the Capital Markets.

With the winners

Finomina’s stride to deepen the financial acumen of the students of IIMU culminated on a promissory note with the launch of the 4th edition of Arthaarth, the Quarterly Magazine of Finomina. The speakers insistence on getting the foundation and clarity of concepts in theory right before practise left the students motivated. And the institute’s infrastructure with sophisticated Bloomberg Terminals leaves no stone unturned in shaping the best finance leaders of tomorrow. The event concluded with a vote of thanks and prize distribution to the winning teams from IIM Udaipur and SIBM Pune of the Debate Challenge, as well as a token of gratitude expressed for the event sponsors, Union Bank of India and Indian Bank.

The other participating teams were IIFT Kolkata and IMT Hyderabad. The winners of Article Challenge were IIM Bangalore and IIM Udaipur. And the Quiz Competition was won by IMT Ghaziabad, NMIMS and IIM Udaipur.