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OUR KNOWLEDGE PARTNER
Club Kaizen is privileged to have The International Supply Chain Education Alliance (ISCEA, USA) as the Knowledge Partner from Lakshya’s 24th edition.
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To be a single source f or Total Supply Chain Knowledge through Education, Certif ication, and Recognition is the mission of ISCEA. Many workshops/events are conducted by ISCEA to improve the knowledge of manufacturing and service industry professionals.
ISCEA provides a platf orm to explore leadership potential to the aspiring leaders in the supply chain industry while developing the skill sets and knowledge desired by co rporations, through SCNext (ISCEA Young Supply Chain Prof essional Association).
Some of the internationally recognized certif ication programs developed by ISCEA include-
1. Certif ied Supply Chain Analyst (CSCA). 2. Certif ied Demand Driven Planner (CDDP). 3. Supply Chain Case Competition.
To know more about ISCEA, visit http://www.iscea.net/india.
We look f orward to working with ISCEA in spreading knowledge and reaching greater heights together.
EDITOR’S LETTER
“"With Evolution, Changes happen in every part of the world every day, every time."”
Welcome to the thirtieth edition of “LAKSHYA”, our monthly supplement designed f or people who dare to think above the average and believe in connecting the dots. In an age where technology has taken over every sphere, information is abundant and data is omnipresent, we have planned to bring to you a collection of thoughtf ully created and caref ully craf ted pieces of work by some bright aspiring minds of ICFAI Business School, Hyderabad on the current trends and receiving close review in the f ield of Operations Management and their relevance in dif ferent industries.
From the ninth edition, we created a new segment, ‘The Corporate Angle’ where article will be f eatured f rom prominent business leaders which will enlighten minds of young managers and business enthusiasts. IBS Hyderabad and Club Kaizen express a sign of gratitude to all corporate leaders for taking out time and scripting their thoughts f or our magazine.
We have introduced 'Faculties Insight’ from the eighteenth edition, where the articles will be featured f rom experienced f aculties f rom all over the world that will shed light on the minds of young managers and business enthusiasts. Club Kaizen is gratef ul to all f aculties f or taking time out and writing their thoughts f or our publication. We hope that you like this issue and please let us know if there are any subjects, you'd look f orward to be addressed in upcoming editions. Please write to us and become a part of this discussion.
Email ID: kaizenclub.ibs@gmail.com
LVS SAI CHARAN JOINT SECRETARY – KORE Kaizen – IBS Hyderabad Batch 2019-21
CONTENTS
S. NO. TITLE PAGE NO.
1
2
3
4
5
6
7 From the Mentor’s Desk
Disruption of Online Education
Operations and Marketing
Shifting to a New Normal: An Insider Story
Impact of Big Data in India
Going Lean
Business Operational Sustainability 5
6
8
10
12
16
19
8 Women in Economics- Debunk, Disrupt & Diversify 22
9
10
11 IOT in Operations Management
World Class Manufacturing
Earned Value Analysis 24
27
29
From the Mentor’s Desk
In the era of competition, it is imperative f or students to be prepared f or the ever-changing business environment. Knowledge creation plays an important role to learn to tackle the dynamic nature of business.
I appreciate and congratulate the initiative of club KAIZEN for bridging the gap between corporate world and academia through LAKSHYA which is an excellent platf orm where industry practitioners, academicians and researchers can share their knowledge and experience, acting as a beacon guiding students to reach their goal.
My best wishes to club KAIZEN in their endeavour of knowledge creation through LAKSHYA.
