Indian Institute of Management Jammu had the privilege to host Dr. Rakesh Sinha, Founder and CEO of Reflexive Supply Chain Solutions for the 75th webinar of its Nav Samvaad series.
The session started with an interesting discussion on the problems arising from the current supply chain system. He spoke about the universal consumer needs and emphasized what has not changed in the last 10 years rather than what has changed. Following this, he shared his thoughts on three consumer needs which are On-shelf availability, Freshness, and Assortment. Along with it, he shed detailed light on Forecasting and Agile Supply Chain. Towards the end he shared three learnings which are to ‘Use signals for supply actions’, ‘Stock should be of small-batch size’ and there should be ‘Frequent supplies’.
On behalf of the Indian Institute of Management Jammu, we extend our heartfelt gratitude to Dr. Rakesh Sinha for an extremely enlightening and insightful session.