Supply chain integration is possible through disciplining of logistics management, which has advanced from warehousing and transportation to the boardrooms of successful companies across the world.
Globalization of economies has increased competitive pressure and has heightened customer expectations. Emerging manufacturing and supply chain technologies have a profound effect on the way organizations work and conduct their businesses. Organizations are focusing on supply chain and logistics process integration to bring efficiency, cost reduction, product visibility, and increase in productivity to add value to their services to customers and to gain competitive advantage. In this age of digital transformation-based competition, where manufacturing excellence and product innovations are no longer the sources of long-term competitive advantage, but the transformation of supply chain and logistics processes with adopting digital technologies. Today most global and national companies compete based on their logistics and supply chain digital innovation and adopting of fourth generation technologies. Since cost of distribution and logistics is a significant component of the total cost of operations, managers must understand the issues involved in logistics and supply chain management.
Supply chain integration is possible through disciplining of logistics management, which has advanced from warehousing and transportation to the boardrooms of successful companies across the world. Capabilities in Logistics supplement the supply chain operations. Efficiency and effectiveness of inventory movement across the supply chain depends on the capability of logistics management. Logistics has an important and a key role to play in customer service strategy of an organization. With the emergence of e-commerce, logistics operations have become more challenging than ever before because the competition is just a click away. Under these circumstances, supply chain and logistics mangers should understand the role of digital competencies and capabilities of their organizations to increase the sustainability in competitive world. Therefore, this course is specifically designed for experienced supply chain and logistics managers to enable digitalization of supply chain and logistics processes from a managerial perspective and equip them with ability to take decisions when faced with different situations in the corporate world.
To develop an understanding of the various supply chain and logistics processes
To develop and analyze the role of digital transformation of the supply chain and logistics processes.
To analyze the effectiveness of supply chain and logistics processes in digital age
To understand the roadmap for developing sustainable and industry 4.0 perspective of supply chain and logistics management
|Evaluation Component||Type (Individual/Group)||Weightage|
|End-Course Evaluation (end examination)||Individual||50%|
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Dr. Aalok Kumar has been awarded PhD in Operations Management from Department of Management Studies, Indian Institute of Technology (IIT) Roorkee, ...
Indian Institute of Management Visakhapatnam (IIMV) belongs to the prestigious IIM family of business schools. It is a new generation IIM, set up by the Government of India in September 2015. The Indian Institutes of Management Act 2017 declares IIMs as Institutions of National Importance, empowered to attain standards of global excellence in management, management research and allied areas of knowledge. IIM Visakhapatnam is located in its temporary, but state-of-the-art facility in the salubrious Andhra University campus in the ‘City of Destiny’, Visakhapatnam. The Institute has begun the process for building a permanent, full-fledged, word-class campus on approx. 230 acres of land in the (relative) vicinity of the upcoming green-field international airport, about 25 kilometers from the present (temporary/transit) campus. The first phase of the new facility is expected to be functional by 2021.
Strengths of IIM Visakhapatnam
The campus of the Institute is well-equipped with knowledge resources, teaching-learning aids and facilities. The student hostels are modern and well-furnished, providing excellent board, lodging facilities and amenities conducive to technology-enabled knowledge-pursuit and recreation. With students from about 20 states and union territories of India, the Institute reflects a truly national character.
Taking a significant lead among its contemporaries, the Institute conducted Management Development Programs for the Senior Executives of Central Public-Sector Enterprises and a Faculty Development Program (FDP) for the Management Professors from the Public Universities of AP.
The Institute is partnering with the Mentor in promoting entrepreneurship among the women in the region. Titled as Women Start-up Program 2018, the initiative is nurturing and building entrepreneurial skills in about 25 aspiring women-entrepreneurs, through mentoring, knowledge-support and incubation facilities. The Institute is therefore all set to play an important role in facilitating creative ideas of women, convert into successful innovations.
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