Operations and Supply Chain Management has always been one of the core functions of any organization. With operations becoming the powerhouse for efficiency in industry, operations managers are now expected not only to be cost efficient and productive, but also bear strategic responsibilities. Operations continuum discusses the latest issues faced by today’s operations executives and how they have managed to tackle and learn from them.The event is a platform for knowledge sharing, and aims to raise curiosity among the participants regarding specific aspects of business from an operations perspective. The event has been well received in the past by the delegates from the industry and the various b-schools. The event continues to grow this year moving strength to strength in a bid to become a well-recognized operations event in the b-school circuit. Operations Continuum 2012 Operations Continuum 2012 will be organized on 2nd September, 2012 with a theme that reflects the current trends and challenges in the field of Operations. The Operations Continuum 2012 will see a series of lectures and panel discussions centered on the theme: “Reshaping your Supply Chain to manage Volatility” Volatility is the new norm for supply chain operations, and continuing economic uncertainty is affecting demand by driving shorter capital investment cycles and tighter inventories. Businesses are entering a new era in which volatility is a systemic condition, rapid oscillation is a business constant, and recovery down time is an outmoded concept. Traditional supply chain management models break down or, at best, bend under the strain of the unknown and the unexpected. In a global economy with access to almost every service or technology in any corner of the world, every organization is looking forward to spread its wings not only from the distribution side, but sourcing and manufacturing aspect as well. We live in a world where even the largest shoemaker doesn't make them but only designs and sells them; a computer seller only assembles the components outsourced from almost every part of the world. When Toyota brought in the concept of lean and just –in-time, outsourcing became a part of an economical means of manufacturing in the countries with cheap labor and modern supply chain trying to make the system even more agile. Supply chain was being pushed far beyond its limits. It’s important for an organization to realize that stretching it far too much might bring it to its breaking point and even make the finest of the business strategies fail. It might do more harm than good, cutting not only your revenue and market share, but making the company even more vulnerable. Even a minute failure can put company’s credibility at stake, posing a potential threat to the company’s entire business processes, costing the company millions of dollars and years to revive and get back in shape. Indicated below are the suggested and non-restrictive sub-themes for the seminar. • Supply Chain in Emerging Economies • Greening the Supply Chain • Fugal Innovation in Supply Chain Management • Supply Chain Risk Management in Global Economy • Lean and Six Sigma – An Approach to Organizational Excellence • Importance of leveraging Information Technology to manage Supply Chain Risk • Indian Logistics the way Forward: Challenges and Opportunities • Trends in Reverse Supply Chain/Reverse Logistics • Moving from Sales and Operations to Integrated Business Planning Operations Continuum 2012 will bring together a host of industry experts in operations domain who will provide insights into how people can adapt to the new market realities while efficiently managing the operations of their organizations. Venue : FC Kohli Auditorium, Kresit, IIT Bombay Schedule : 2 September 2012 For further details, Contact:
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