Lecture 12

Time to Recover (TTR) & Time to Survive (TTS) - Harvard Business Review

Traditional methods for managing supply chain risk rely on knowing the likelihood of occurrence and the magnitude of impact for every potential event that could materially disrupt a firm’s operations. For common supply-chain disruptions—poor supplier performance, forecast errors, transportation breakdowns, and so on—those methods work very well, using historical data to quantify the level of risk.

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EY : How Supply chains can leverage Generative AI

GenAI creates new content, such as numerical data, images, text, audio or video, based on data on which it has been trained. Recent advances make it simpler to use and realize value from, but the technology isn’t new. Already around 40% of supply chain organizations are investing in GenAI, focusing on knowledge management applications.

Zalando: A digital foundation for fashion supply chain success

By 2021 Zalando had become Europe’s largest pure player in online fashion. But the road to success had not always been smooth. Back in 2014, six years after it was founded, the Germany-based company was at a crossroads. With an impending initial public offering (IPO) and investors looking for results, the company was nowhere near being profitable. Zalando realized that to achieve profitability and market leadership, it would have to leverage advanced technology and develop a data-driven supply chain. So, with the innovative spirit of a start-up, it embraced the challenge of building internal digital tools and competencies to drive supply chain efficiencies.

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Key Research Issues in Supply Chain & Logistics Management: 2030

The research report highlights the research issues that need to be pondered over by the Logistics community till 2030. It focuses on different aspects of Logistics in India. It investigates the differnt opportunities and challgenges of Supply Chain in India. It also investigates global and industrial problems in order to build a ressillient supply chain.

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Supplier Risk Management

For procurement leaders, the pursuit of cost savings is often thwarted by supplier risks that can proliferate along the way. Between global public health crises, economic uncertainty, geopolitical conflicts, and natural disasters, supply chain disruptions have a real impact on the bottom line. To minimize losses, supply chain leaders must take steps to build capabilities that can help their organizations anticipate, sense, and respond to unexpected changes. To maximize gains, they must build connected, digital supply networks that can evolve alongside shifting business priorities

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Renaissance of Indian Manufacturing Sector

The manufacturing sector is one of the quintessential components to balance employment generation, economic growth, and environmental sustainability. Due to that, it is admitted as the backbone of the country’s economy as it offers a significant contribution to GDP and job creation. Globalization further influences it by the driving forces of outsourcing and distributed manufacturing with technological advancements. However, the decreasing share in GDP and shrinking employment from the manufacturing sector has become concerning predicaments.

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