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Forecasting trends of SCM excellence at ET Edge Supply Chain Management & Logistics Summit 2015

Shri Kalraj Mishra, Hon'ble Minister of MSME, Govt of India_1INVC NEWS Mumbai, Tackling the current trends and issues relevant to developing the prospects of supply chain in India, the second edition of the ET Edge Supply Chain Management & Logistics Summit 2015 has explored new opportunities on “Streamlining Supply Chain Process” within this growing economy that boasts to be the 5th largest supply chain network of the world. With participation from distinguished thought leaders from the industry, the forum has yet again been a promising platform for discussions and exchange of ideas on key aspects. ET Edge, an initiative of The Economic Times has been founded to empower multiple sectors, industries and segments through the dispersion of critical business knowledge through strategically developed conferences and summits.

Hosted at the Grand Hyatt on 18th June, the ET Edge Supply Chain Management & Logistics Summit 2015 proved to be an ideal platform that acknowledged the tremendous potential which India has in store, aligned with the government’s agenda of turning the country into a manufacturing hub of the world. A crucial address on the sector was convened by Shri Kalraj Mishra, Hon'ble Minister of MSME, Govt of India, followed by multiple Panel discussions on:

  • Transforming the Indian SCM system: Creating solutions for next generation businesses
  • Distinguishing Future Trends of Supply Chain - 3PL, 4PL, Green Supply Chain

Parallel Sessions:

  • Solution & Innovation Box- SCM model for Safe & Efficient Movement of Heavy, Over dimensional and module equipment
  • Omni channel experience for Pharma & FMCG, developing a muti-channel SC Module in Pharma & FMCG
  • Digital revolution in Supply Chain E-commerce/ Retail; expanding E-commerce / Retail Supply Chain through ubiquitous empowerment

The overall summit discussions also escalated to Supply Chain Management for specialized sectors such as Pharma & FMCG Sector, Heavy Engineering & E – Commerce / Retail.

The keynote address by Shri Kalraj Mishra, Hon’ble minister of MSME, Govt. of India, provided critical insights at the summit and his views were, “Make in Indiais a commitment, not a slogan, to boosting the spirit of entrepreneurship. Skill development has to be given a boost for this across the nation and once this happens, innovation and opportunities will be aplenty in the tiniest of villages as well. We have the potential to be the best even in a global marketplace and the Economic Times Supply Chain Management & Logistics Summit is a step in that direction.”

Making the opening remarks, Rishi Kapoor, Sector Head, Times Conferences Limited - BCCL,said, “We once again explore the new meaning of supply chain excellence with industry visionaries at the 2nd edition of the summit. The response has been encouraging and the dialogue amongst leaders aims to push past traditional boundaries, drive innovation, and uncover new sources of value for the enterprises. The vital evaluation and new value paths for specific sectors will help businesses to achieve future success.”

R S Subramanian, SVP & Country Manager, DHL Express India said, “In the last decade or so we have seen severe constraints in airport infrastructure on the cargo side. For us, every delay is criminal. The big liberalization in ports has not made as much of a difference on the cargo side either. We need facilities that allow for efficiency. Our customers are at the cutting edge of doing e-commerce, but the enablers actually doing the last mile and who need to drive the industry are still working on manual mode.”

The summit centered on the theme “Streamlining Supply Chain Process” was attended by eminent speakers like Shri Kalraj Mishra, Hon’ble minister of MSME, Govt. of India, Neerja Bansal, Deputy Chairman, JNPT, R S Subramanian, SVP & Country Manager, DHL Express India, Dr. R K Sinha, COO, Operations & Mktg, Godrej Consumer Products, Sanjay Sharma, ED Supply Chain, Hindustan Coca Cola and many more.

After the summit, Shri Anant Geete, Hon’be Minister Heavy Industries & Public Enterprises acknowledged the efforts of the Hon'ble Ministers of Transport Shri Diwakar Raote, Govt. of Maharashtra, Ramalinga Reddy, Govt. of Karnataka,  Vijaykumar Rupani, Govt. of Gujarat &  G S Bali, Govt. of Himachal Pradesh. Followed by the recognising the various industries part of the SCM Sector - Pharma, Heavy industries, E-comm, retail etc.

The Chief Guest of the felicitation ceremony was Shri Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra, talking about the logistics and supply chain sector he said, “The key to success for the 'Make in India' plan is a developed logistics and supply chain management system that will support the growth of the economy. Owing to India’s demography and young population along with a strong infrastructure and SCM, there is a huge potential to make the country a global factory hub for manufacturing. In Maharashtra, we are currently working on infrastructure and will be soon coming up with the biggest port after 30 years in Dahanu. Constant efforts are being streamlined to develop new logistics hubs across the state with the help of private sector and the Govt. of India and SCM & Logistics are integral for the State’s development plans for a seamless network. The summit dialogue today has been encouraging and we hope to make strong partnerships that will help us realise our common dream of a developed India by the year 2020.”

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