Supply Chain Management Blog

The Birth of Pick-Up Stores

One of the biggest values delivered by the eCommerce companies is the last-mile connectivity. The term last-mile connectivity refers to the movement of products from a fulfilment centre or delivery hub to the end consumer. Last-mile connectivity established by the eCommerce companies introduced a lot of convenience to the customer, but at the same time posed many challenges.

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My Story of Periodic Inventory Auditing

Not very long ago, in the early 90’s, I was working for a large engineering firm in Chennai. I played multiple hats such as Layout Designer, Coordination with PPC and Inventory Management. Once in a year, that is during the first week of April the whole factory comes to a halt for couple of days. It is not that we didn’t had orders, but it was for inventory counting. 

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Predictive Shipment

Predictive shipment refers to shipping products to your customers even before they have placed the order to you. I would say even the customers have not realised the need for the product or made any purchase decision. This is made possible with the advancement in the business analytics. 

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Call for Leaders Talk

IISCM has launched a program titled “Leaders Talk” to help dissemination of supply chain knowledge and expertise within the the community. You can share your professional experience, industry insights, career guidance, trends, standards, challenges, lessons learned and understanding of a concept pertaining to supply chain and allied fields in the form of an article.

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Enterprise Inventory Policy (EIP)

Enterprise Inventory Policy (EIP) defines both the aggregate-level and the item-level inventory management. Each and every organisation that deals with inventory must have EIP and it shall be reviewed on an annual basis. EIP is a policy document that shall be agreed upon mainly between the CFO and COO as well as by leaders of New Product Development, Marketing, Sales, Procurement etc. This provides a framework within which all the above leaders are expected to operate and ensure best customer service with a focus on optimum inventory level.

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What, Why and How of Inventory Auditing?

Inventory auditing is the process of reconciliation between the quantities of physical inventory and the quantities of logical inventory. Here physical inventory refers to the inventory we have on-hand, hence also known as on-hand inventory. And logical inventory refers to the inventory we have on the books or in your ERP or in your system. 

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Amity University, Noida

Amity University, Noida is a private research university located in Uttar Pradesh, India. It was established in 2005 by an Act of the State Legislature of Uttar Pradesh. The university is a part of Amity Education Group and has campuses in India, Dubai, Singapore, China, Mauritius, London and New York.

Please Visit: Amity University, Noida

Program: MBA (Supply Chain Management)

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Symbiosis Centre for Management and Human Resource Development [SCMHRD], Pune

SYMBIOSIS CENTRE FOR MANAGEMENT & HUMAN RESOURCE DEVELOPMENT (SCMHRD) is a premier institute honing world class leaders and entrepreneurs. Established in 1993, SCMHRD's MBA program is one of the most prestigious programs in India.

SCMHRD specializes in producing quality talent in the fields of HR, Marketing, Finance, Operations, Infrastructure Development and Management and Business Analytics. The institute believes that wholesome knowledge can be gained through experience and practical learning. Hence the intense academic curriculum is designed such that it prepares students to deliver their best.

Please Visit: SCMHRD, Pune

Program: Operations & Supply Chain Management

The optimal design of a supply chain is both an important and complex decision. It is important, because it can have a powerful impact on the total supply-chain cost and customer service. Besides, this is not a decision that a company can revisit repeatedly: once a supply-chain is designed, and in place, it is difficult to change it soon after.

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National Institute of Industrial Engineering [NITIE], Mumbai

Indian Institute of Management Ahmedabad is a public business school located in Ahmedabad, Gujarat, India. Established in 1961, the institute offers post graduate diploma programmes in management and agri-business management, a fellowship programme and a number of executive training programmes.

Please Visit: NITIE, Mumbai

Program: Center for Supply Chain Management (CSCM)

As management issues extend beyond the boundaries of the organization, companies today are increasingly realizing that it is the effective and end-to-end management of their supply chains that helps them compete for both survival and success. Supply chain management (SCM) is an inter-disciplinary field that deals with enabling the creation and effective delivery of goods and services to the end-consumers.

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Shailesh J. Mehta School of Management [SJMSOM IIT], Bombay

Shailesh J. Mehta School of Management is a public business school and part of Indian Institute of Technology Bombay. SJMSOM was established in 1995.

Please Visit: SJMSOM IIT, Bombay

Program: Perceptions in Supply Chain Management

SCM is of course, the management of flow of goods from supplier to transporter to production department to sales and eventually to customer. The objective of SCM is to reduce overall costs by introducing effective coordination and cooperation across echelons. Several sophisticated analytical tools and optimization software solutions exist in the marketplace and academic journals to help organizations meet this objective. However, this research submits that each department lives in its own Departmental Thought World (DTW) and views reality differently, and accordingly the managers input biased data into tools/models, thereby rendering the tools useless.

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Association For Supply Chain Management (ASCM), USA