The 3rd Annual Warehouse & Logistic Excellence Awards 2022, organized and hosted by Quantic India which was scheduled on 15th December at Hotel Holiday Inn.
With the supply chain industry experiencing significant changes, the rate of adaptation of all operations is difficult to measure at each step of the process. The task has gotten increasingly convoluted from the time of inventory management, sustainable product development and post-pandemic demand forecasting complexity.
The key highlights of the panel discussion:
- The panellists discussed the complexity of the supply chain and how it has changed over the past decade. They discuss the impact of e-commerce and retail on the supply chain, and how geography has become a more complex factor. They also mentioned how customers’ behaviour and expectations have changed, and how product proliferation has increased.
- The panel discussed the ways businesses can mitigate supply chain disruptions in the future. They also discussed the ways to reduce risk and improve resilience, and talk about how applied analytics and machine learning are playing a role in this.
- The experts talks over how a supply chain disruption can be mitigated by understanding the severity of the incidence, mapping it accordingly, and employing resistance or recovery or a combination of the two. He also mentions how a company was “in a VUCA world” until 2019, when they realized they were in an extreme pandemic situation and began to address the issues.
- The panel conversed the challenges of managing a complex supply chain, and discusses how RF is here to stay. They also offer three takeaways for businesses to reset expectations with customers and suppliers.
- The leaders provided an overview of the importance of demand planning and forecasting in a supply chain, as well as some practical examples.
- How machines and people will be needed to manage the situations, and how a hybrid approach is the best way to solve the problem.
- The panellists discussed about the importance of having a machine-driven approach to solving problems, especially those that are more mundane in nature. They discuss the benefits of digitization and machine learning, and how they can help companies save time and address demand volatility.
- The experts discussed the importance of people and machines working together in a supply chain, and how people make the difference in managing situations. They also shared an example of how a changing world will eventually extinguish resources, and how people need to be responsible in how they use these resources.
- The panellists conversed how their experience in supply chain management has helped them in their current roles. They discussed the importance of transparency and visibility in order to improve accountability and communication within an organization. They also discussed the importance of implementing flexible and adaptive supply chain processes in order to respond to volatility in the market.
- The moderator discusses about the importance of sustainability in supply chains and how circular packaging can help to achieve it. He also mentions the importance of tracking carbon emissions and developing a zero-emission supply chain.
- The moderator states some of the efforts that L’Oreal and Garnier have made to improve their sustainability practices. These efforts include developing more sustainable packaging, employing people in villages, and recycling materials.
Our Expert Moderator: Arif A Siddiqui: Director, Coin Consulting
Our Eminent Panellists:
- Sandeep Kulkarni : Chief Supply Chain Officer, Tata CLiQ
- Harmeet Singh Kapoor : AGM Supply Chain Ecommerce, L’Oréal
- Vickram Srivastava : Head of Planning – Global Supply Chain, SUN PHARMA
- Ashish Choudhary : Vice President – Operations & Supply Chain, Everest Industries Limited
- Shantkumar Jagadi : Vice President Procurement, Polycab India Limited
- Gaurav Talwar : DGM Of Material Planning & Replenishment, Sapphire Foods India Ltd.
- Rajshree Bazaari : Director Of Supply Chain Strategy, Unilever
The session was extremely valuable, as we gained insights from industry experts. The panel Provided an excellent chance to experience their inspiring stories and learn from their own Successes.
