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Bits & bytes Supply
chain professionals will gather in Chandigarh later this year to discuss how to keep pace with India's rapid industrial growth that requires greater efficiency in movement of materials and services. Infrastructure, farm products, pharmaceuticals and auto components would be the focus areas of the meet — NATCOM 2007 — to be organised by Indian Institute of Materials Management (IIMM) from November 30-December 1. The size of India's supply chain industry, which takes care of the physical and virtual movement of materials and services from raw material stage to finished product to the end-consumer, is pegged at Rs 1,50,000 crore and its expansion is expected to mirror the rapid economic growth. "The profession of materials and supply chain management plays a major role in the nation's development. Eighty per cent of finances in new government, public and private sector projects, as well as, running industries are managed and spent by (supply chain) professionals," IIMM said in a statement issued in new Delhi recently. The national convention will also act as a platform for technical discussions on upcoming industries like retail and technology like radio-frequency identification, commonly known as RFID, used for tracking goods in transit. Over 1,000 professionals, including industrialists, management academicians and international delegates, would share their experiences at the two-day convention, said IIMM, which offers, among others, an MBA programme in materials management and has about 7,000 students across the country. — PTI Professionals’ interface
with MBA students Various successful entrepreneurs and professionals intereacted with the 10th batch of the MBA students at the Centre for Management Training and Research in Chandigarh recently to guide them about optimising their skills for future career challenges. The alumni included Gaurav Vatsayan, Country Head-Singapore, Reliance Mutual Funds & Hedge Fund, Vinay Sareen, Regional Manager, Millipore India Limited, and an entrepreneur Ajay Vashishth, besides Puneet Vatsayan, co-founder and director of Mobera Systems, and Dinesh Kumar, a business trainer. Apart from sharing their personal success stories, the speakers emphasised the need for the younger generation to be multi-skilled, be aware of their strengths and weaknesses, stay focussed on their goals, always giving preference to the jobs that offer skill enhancement instead of lucrative salary packages. Learning is a life-long process and in the changing work environment, and emerging business eco-systems, new skill sets shall always be in much greater demand, said Vipin Dewan, Director CMTR.
— TNS
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