Supply Chain Analytics for Resilient Operations

After globalization, Indian organizations are striving very hard to sustain their competitiveness in the digital era. Post-Covid 19, supply chains are also facing a lot of disruptions. Supply chains should become resilient by digitizing their processes to overcome these disruptions. For digitization of processes, organizations are implementing emerging technologies such as big data analytics, artificial intelligence, blockchain technologies, the internet of things, etc. In this digitization process, organizations are facing many organizational and operational challenges. In the present context of a globalized market, the product life cycle has shortened due to the dynamic requirement of markets in terms of taste, durability, quality, flexibility, low price, etc. In the past, most organizations have tried to improve their individual operations for improving their individual performance by initiatives such as advanced manufacturing technologies applications, Just in time approach, lean manufacturing, quality management, etc. It has been observed that performance improvement in a particular organization of a value chain has saturated; therefore, it is urgently required to improve performance in terms of the complete value chain. Performance of whole value chain can be improved only after successful integration and coordination among different members of value chain by using emerging technologies. Nowadays, competition between individual organizations has been replaced by Competition among Supply Chains. The digitization of supply chains also plays a critical role in improving supply chains resilience.
In a global economy, to improve the competitiveness ranking of any country, minimization of waste in processes and efficient production systems are essential. It has been observed specifically in context of India that leakages in Public Distribution Systems, Waste in Food Sector, Losses in transportation sector, Lack of IT enabled systems, lack of world class product quality, processes inefficiencies, escalation of input resources cost; product rejections at buyer end, huge inventory stock, lack of process digitisation are major areas of concern. To tackle such challenges, each individual needs to be trained about applying emerging technologies and decision-making tools in supply chains. Therefore, knowledge and application of different decision making tools such as Multi criteria decision making tools, Linear programming, Decision tree, Descriptive and Predictive analytics is very important. For effective supply chain management in the digital age, accurate decision-making based on available data also plays an important role.

Programme Objective

This programme would assist participants

  • To develop understanding of key challenges in managing global supply chains and logistics across different sectors in the digital era.
  • To develop appropriate strategies for implementing emerging technologies such as AI, Blockchain, Big data analytics, Cloud computing, Internet of things in supply chains and logistics for resilient and sustainable operations
  • Building descriptive, predictive and prescriptive analytics in supply chain.
  • To understand application of Multicriteria decision making tools (MCDM), LINDO, SPSS and EXCEL for Supply Chain optimisation.

Contents

• Introduction of Supply Chain Analytics and Industry 4.0 revolution
• Application of Industry 4.0 Technologies and data driven innovations in Supply Chains
• Supply Chain Strategies for process digitization and supply chain resilience
• Decision making tools and techniques for optimizing supply chain networks
• Developing strategic leadership for resilient supply chains
• Behavioral and cultural issues in managing global supply chains
• Understanding concepts of Net zero economy, Circular economy, Climate neutrality, ESG practices
• Supply chains risks/disruptions/Resilience in the digital age
• Logistic and Network optimization for sustainable and resilient supply chains
• Suppliers Selection and distribution Strategies
• Procurement and Outsourcing Strategies in the era of Industry 4.0 and Net zero economy
• Challenges for Supply chains resilience in the digital age
• Bullwhip effect and supply chain coordination strategies in digital age
• Supply Contracts and Dynamic Pricing
• Frameworks for Sustainable Supply Chains in Circular Economy
• Use of MCDM, LINDO, EXCEL, SPSS for optimisation of Supply chains

Who Should Attend

This program will be useful for Executives and professionals involved in managing supply chain and logistic operations in their respective organisation across different sectors. It will be helpful for participants in making supply chains more efficient and responsive to dynamic market requirements.

Venue & Duration

The programme is scheduled during October 14-16, 2024 on a residential basis at MDI Gurgaon Campus, Mehrauli Road, Sukhrali, Gurugram. Accommodation for participants would be available at MDI Gurgaon Campus from the noon of October 13, 2024, to the forenoon of October 17, 2024.

Registration & Fees

Participants should be nominated by their organizations. The enclosed nomination form should be completed and returned with all the details. The fee of the program is Rs. 42,500/- (Rupees Forty Two Thousand Five Hundred only) per participant which includes a professional fee and all charges for boarding, lodging and supply of course materials during the programme. GST as applicable will be charged extra in addition to the programme fee. Payment should be made by Cheque/NEFT/RTGS.

Discount Policy
With a view to our long-term relationship with your esteemed organization, we are pleased to introduce the discount policy in a particular
programme. The discount will be observed in the following conditions: (discount applicable in NEPAL also)
• 10% Discount against 3-5 nominations
• 20% Discount against more than 5 nominations

Important Dates

The last date for receipt of nominations is October 02, 2024. The last date for withdrawal of nominations is October 04, 2024. Any withdrawal received after this date will be subject to deduction as per the Institute’s rules. However, substitution may be permitted.
Nominating organizations are advised to await confirmation of acceptance of nominations(s) before sending the participants to the programme venue.

For enquiry, please contact at [email protected] or +91-124-4560008.