XLRI’s OpsVision 2024 to Explore Retail and Sustainability Trends Today

Top industry leaders to discuss the future of retail supply chain and logistics

Key Points:

– Experts to discuss retail supply chain innovations and strategies.

– Sustainability in logistics to be highlighted by key industry leaders.

– XLRI Jamshedpur’s AXIOM organizes OpsVision 2024 with focus on operations.

JAMSHEDPUR – XLRI Jamshedpur is all set to host OpsVision 2024 on October 19, 2024.

This unique event will convene industry leaders from renowned companies to discuss the evolving landscape of operations, logistics, and supply chain management.

Organized by AXIOM, the operations committee of XLRI, the event aims to provide valuable insights into future trends in retail and sustainability in the supply chain.

The discussions will not only highlight the challenges faced by the industry but also underline the latest innovations driving efficiency and growth in the sector.

Focus on Retail Supply Chain

The first panel, titled “Navigating the Future of Retail Supply Chain,” will set the stage for discussions on the dynamic retail landscape.

With the rapid rise of e-commerce and shifting consumer expectations, companies are now looking for more resilient and flexible supply chains.

Retailers are increasingly focused on omnichannel strategies, integrating online and offline channels to offer seamless shopping experiences.

A key point of discussion will be the growing importance of last-mile delivery innovations, which are critical to customer satisfaction.

The panel will explore new solutions such as dark stores, micro-fulfillment centers, and hyperlocal delivery partnerships that are shaping the future of retail logistics.

The emphasis on sustainability will also be a central theme, with discussions on eco-friendly packaging, reverse logistics, and sourcing strategies that align with consumer preferences for greener products.

The first panel will feature:

– Akash Tiwary, Associate Director of Operations at Zepto

– Megha Bansal, Vice President of Supply Chain and Logistics at ONDC

– Akhil Phirani, Global Product Marketing Manager at Philips

These industry leaders will share their experiences and strategies on how their organizations are navigating these complex changes.

Driving Sustainability in Logistics and Supply Chain

The second panel will focus on “Driving Sustainability in Logistics and Supply Chain, which has become a priority for companies worldwide.

With increasing environmental regulations and pressure from consumers, businesses are adopting green supply chain initiatives to reduce their carbon footprints.

This session will explore sustainable technologies and practices that are reshaping the logistics landscape.

One of the key topics will be the circular economy, which encourages companies to reduce, reuse, and recycle materials in their operations.

The discussion will also cover the adoption of electric vehicles, alternative fuels, and energy-efficient logistics hubs as companies strive to meet their sustainability targets.

This panel will feature:

– Aditi Sharma, Vice President of Integrated Global Supply Chain at Schneider Electric

– Prabhhu Balasrinivasan, Vice President of Commercial at Flipkart

– Subrata Basak, Chief of Supply Chain & EPA Management at Tata Steel

These leaders will provide insights into how their respective organizations are implementing sustainable logistics solutions.

The Role of Digital Transformation

A major focus of OpsVision 2024 will be the digital transformation sweeping across the supply chain industry.

The final panel, “Digital Transformation in Supply Chain,” will dive into how companies are leveraging digital technologies like automation, AI, and blockchain to improve transparency, speed, and efficiency in their supply chain operations.

Industries that require precision and transparency, such as healthcare and manufacturing, are particularly focused on these innovations.

The use of Internet of Things (IoT) devices for real-time tracking, predictive analytics for demand forecasting, and digital twin technology for simulating scenarios in virtual environments will be highlighted.

Panelists will discuss how digital tools are transforming every step of the supply chain, from procurement to last-mile delivery.

Automation, in particular, is playing a pivotal role in reducing human intervention and improving operational efficiency.

With the rise of AI-powered solutions, warehouses are becoming more sophisticated, able to process orders faster and more accurately.

XLRI’s Role in Shaping Future Leaders

OpsVision 2024 is not just an opportunity for industry leaders to share their insights, but also a platform for XLRI students to gain firsthand knowledge of the challenges and opportunities in the supply chain industry.

The event is an integral part of XLRI’s Platinum Jubilee celebrations, marking the institution’s 75th year of excellence in management education.

XLRI, established in 1949, is India’s oldest B-school and has consistently been at the forefront of academic and industry collaboration.

With a strong focus on human resources, general management, and operations, the institution has earned a stellar reputation for producing leaders in the business world.

AXIOM, the operations committee at XLRI, has been organizing events such as OpsVision to bridge the gap between academia and industry.

The committee has also been recognized as India’s top club for Industrial and Operations Management by ISCEA.

In December 2023, AXIOM hosted the Annual International POMS Conference, which showcased 160 research presentations and featured expert panel discussions on topics relevant to the industry.

Networking and Knowledge Exchange

One of the key highlights of OpsVision 2024 is the networking opportunities it offers.

Students attending the event will have the chance to interact directly with industry professionals, gaining insights that go beyond the classroom.

This type of knowledge exchange is critical for students who are preparing to enter the workforce in the coming years.

The event also includes a discussion and feedback session, where students can ask questions and engage in meaningful dialogue with the speakers.

In addition to the panels, the event will conclude with a networking dinner, providing a more informal setting for further discussions and relationship-building.

According to the organizers, OpsVision 2024 is poised to be a landmark event for XLRI and its students, offering a comprehensive overview of the trends shaping the future of operations and supply chain management.

From the digital transformation of supply chains to the push for sustainability, the event will cover a broad range of topics that are critical to the industry’s future.

By bringing together leaders from companies like Zepto, Philips, Schneider Electric, Flipkart, and Tata Steel, OpsVision 2024 promises to deliver insights that will help students and professionals alike to navigate the complexities of modern supply chain management.