IIFT launched its Energy, Operations & Manufacturing Cell as the hub for energy and operations interest at the campus. The cell provides the platform for the interaction of students, faculty, alumni, business leaders and researchers. Various initiatives are undertaken to ensure the seamless transfer of knowledge and to tackle the challenges posed globally to these sectors.
On this occasion said, Mr. R.K. Mitra, Deputy Registrar, IIFT “Our major focus is on getting the insight in business strategy as well as the intersection of these fields with investment banking, private equity and consulting. The goal of EOM cell is to utilize the knowledge and efforts of today’s business leaders to create the executives, entrepreneurs and policymakers of tomorrow.”
The launch included the discussion on “Optimizing the Globalized Supply Chain – The Era of Revitalized Command”.
According to Mr. Girish Anantharaman, Associate Director & Plant Manager, P&G India, “The kind of culture shown by IIFT is truly phenomenal and exceptional in nature. Optimal supply chain is very important to an organization as it deals with both consumer as well as business needs.”
“We need to create value through the supply chain but product development is equally important as supply chains to drive businesses. Also investors place greater importance to value creation than to value delivery”, said Mr.Suneel Aiyar, Leader: Supply Chain Consulting, Pricewaterhousecoopers
Mr. Saurabh Mehrotra, Head of Supply Chain (Cash and Carry) at Bharti WalMart Pvt. Ltd., threw light upon creating resilience in the supply chain like resilience to emergencies, demand & weather conditions.
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The session was also addressed by the dignitaries from other renowned organizations such as; Mr. Sunil Rekhi, CFO, Renault-Nissan India; & Mr. Ganesan Ramachandran, Head - SCM Practice, Accenture Management Consulting. They shared their respective experiences with the professors and the students.
The launch ceremony concluded with the moderator Capt. Sarabjit Butalia predicting a bright future for India only if it manages its supply chain well. This can be done with more effective government policies wavering off the high interstate taxes and more investments in infrastructure.
This initiative from IIFT will be very helpful in giving the right path to the budding managers and being a government institute it will provide GOI with the research solutions in energy, operations and manufacturing department.