Udaipur, 26th March 2022: Indian Institute of Management Udaipur launched the second issue of its bi-annual IIMU Business Review Magazine today. The publication aims to make high-quality, impact-oriented research accessible to practitioners and provides insights from experts that are valuable for management professionals.
The second issue features articles in the field of Supply Chain Management (SCM) and expert views on the importance of efficient management of supply chains, how SCM will impact businesses and our lives in the future, and the transformations underway in SCM, including through new technologies.
In his editorial message, Prof Janat Shah, Director, IIM Udaipur, said, “IIMU’s goal is not just to increase the quantity of research but also to ensure its impact. The need for such a B-school magazine emanated from several technological and business advancements occurring at the global level that affecting managerial and business activities. The research adds to the knowledge which ultimately can be transferred to the world of practice. I hope this issue would bring the world of academic researchers and practitioners closer by showing how each can inspire and stimulate the other.”
Addressing the audience at the launch of the review magazine issue 2, the Chief Guest, Mr. Rajneesh Bansal, Vice President & Head Supply Chain Management, Adani Wilmar Limited, gave a presentation on the functioning of the supply chain management at Adani Wilmar. He said “Adani Wilmar has digitally transformed the entire supply chain and is possibly the first company in India to do so. The supply chain functions around the main component of SnOP (Sales and Operational Planning). Additional components are Sourcing, Logistics, and operations. Their database model has helped them achieve transparency and effective decision-making.
He also discussed the Macro Level Concerns in India’s Logistics space, where the average travel distance of a truck per day in India is 1/3rd that of what it is in a developed nation. He also shared his insights on how the warehouses in India are still seeing a shift towards modern infrastructure. Also, India’s logistics cost to GDP is 13-14 percent compared to developed countries, 9 percent.
The editorial member of the review magazine, Prof. Avijit Raychaudhuri in his speech said, “I am glad to share with everyone that the second issue of the IIMU Business Review Magazine is finally out after a tumultuous couple of years that rocked the world. The pandemic has skinned the sheen off businesses and revealed the importance of supply chain management to the entire world. However, the true depth and scale of prudent supply chain management is still far from being understood. The second issue of the magazine is therefore aptly focused on supply chains. This issue presents a compendium of expert opinions on the role that supply chain management will play in shaping the future of businesses, and also sheds light on the importance of digitalization for effective supply chain management in a post-covid world. Furthermore, it also contains a catalogue of research publications by the faculty at IIM Udaipur. Please enjoy this issue and stay tuned for the next, which will be focused on healthcare and released sometime in the second half of this year!”
The second issue encompasses industry interviews with Prof. Ananth Iyer, Senior Associate Dean, Susan Bulkeley Butler Chair in Operations Management, Krannert School of Management, Purdue University and Sahil Barua, Co-founder, Delhivery. The magazine also features a research paper titled ‘Rethinking Global Supply Chains In Post Covid-19 World’ by Tathagat Varma Senior Director, Strategy & Operations, Walmart Labs. The issue carries Prof. Avijit Raychaudhuri’s authored article titled ‘Role of Global Supply Chain Management in India’s Economic Recovery in a Post-Covid World’.
Besides, the issue also includes book briefs and reviews of popular authors and research insights from the papers of the B-School’s faculty which have been accepted by top global journals.
The launch held at the IIMU Campus was attended by the magazines’ Editorial Board members, faculty, staff, and students of IIM Udaipur.