EVENT RECAP
SIOM ICOSCM
Decoding Next Generation Supply Chains The recently held edition of SIOM, Nashik’s ICOSCM was a revelation in not only bringing the next generations of operations & supply chain onto a single platform from across the country, it also offered innovative ways of dealing with the change and how supply chain can be a great enabler for businesses to tide through tough times. Through this platform, SIOM provided an insightful display of extensive knowledge from across the globe. A report…
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HE COVID-19 aftermath has resulted in companies facing the ultimate challenge in operations and supply chain management. With over two years under the pandemic and the respite seems to be nowhere in sight, it is quite clear for businesses that a newer or an evolved form of supply chain is required to meet the demand. The fact that supply chain management itself has become an instrument for competitive advantage reiterates the need for better and smarter supply chains. The growing impact of big data, arrival of economically disruptive technologies, increased volatility of business environment, increasing customer base are few of the trends, which are driving the need for smarter supply chains. Therefore, the need of the hour for business is the evolution of smarter and sustainable consumer centric supply chain. Next generation supply chain will be more data driven and will redefine the way leadership thinks about supply chain management. This drives the necessity for more academic and scholarly work on the theme “Next Generation Supply Chains: Closed loop, Humanitarian & Technology driven” for which the recently held International Conference on Supply Chain Management (ICOSCM) by Symbiosis Institute of Operation Management (SIOM) proved to be a great platform.
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This year’s edition, which was held digitally, provided an efficient platform for academicians, research scholars, and other stakeholders to put in their perspectives and ideas on the current supply chain scenario. The main objective of this conference was to intrigue deeper insights into the challenges and innovations that are taking place in the next generation of the supply chain.
Dr. Vandana Sonwaney, SIOM Director and Programme Convener, highlighted, “Operations management has always been a challenging and exciting effort owing to its turbulent and uncertain nature. The Covid-19 pandemic has forced companies to evolve and find more innovative techniques to restructure and manage their supply chains to alleviate the challenges for businesses across the globe. There is a need for an extensive and exhaustive display of scholarly work from the
greatest and accomplished minds under the gamut of Operations Management. Based on this very philosophy, we are extremely elated to have garnered a strong response for this year’s edition of ICOSCM 2022. I am sure the innovative ideas presented in the form of research papers by students from across the country will prove an ignition point for the supply chain renaissance in the country. We are confident that initiatives like these by SIOM will aid the industry in taking the right steps in this ‘New Normal.’
On his part, Dr. Ramkrishna Manatkar, ICOSCM Co-Convener, stated, “The after-effects of Covid-19 have made businesses realize that an evolved and sustainable customercentric supply chain is the need of the hour. There is also a need to leverage data to achieve more efficiency in the supply chain. Staying true to the current
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