MetaCog Solutions recently participated in a supply chain conference held on June 3rd, 2015 at Atlanta, Georgia, U.S.A.
Titled The 4th Annual India’s Supply Chain: Markets and Opportunities Conference (ISCMOC), this conference was organized by USA India Initiatives, Inc. (USIII), the Georgia Tech Center for International Business Education & Research (CIBER) and Georgia College, with the support of the Georgia Department of Economic Development, the U.S. Commercial Service, the Metro Atlanta Chamber of Commerce, and Confederation of Indian Industries (CII), alongside various other sponsoring companies.
The main aim of the conference was to discuss issues related to the Indian supply chain market, and identify opportunities for business partnerships, investment and collaboration between India and USA. This conference provided a forum where several stakeholders such as businesses, consultants and academics could understand and utilize the opportunities presented by the globalization of India’s supply chain.
Key addresses were made by eminent speakers such as Honourable Judy Rising Reinke, Deputy Director General of the U.S. and Foreign Commercial Service (US&FCS), U.S. Department of Commerce; Mr. Abhay Paranjape, Director, Lockheed Martin, Atlanta, USA; Honourable R. Srinivasan, Consul General of India (Acting), Consulate General of India, Atlanta and Mr. Sulumar Narsimhan, Sr. VP, Reliance Industries Ltd. India, among others.
MetaCog Solutions was represented by Mr. Madhusudan, Advisor, MetaCog Solutions, who presented the company’s perspectives with respect to SCM in the session Innovations in IT and Supply Chain Leveraging Technologies.
Contextualizing India’s current trends in the supply chain industry, Mr. Madhusudan identified a set of industries with the largest amount of skills gap- namely, the sectors of infrastructure, automotive, construction, textiles, transportation and logistics, and organized retail.
He emphasised that the gaps in SCM in these sectors are multi-fold and primarily find root in the absence of an innovative, formal education in SCM, particularly the lack of resources for skilling the workforce at the bottom of the pyramid.
He also pointed out that there are four key components for the efficient working of a supply chain- infrastructure, software solutions, work practice and skilled people. MetaCog Solutions focuses on the most crucial of these – skilling people who work at the Operations level.
In addition, Mr. Madhusudan spoke about the benefits of the Indian Prime Minister’s initiative Make in India for industries. This scheme targets a 12-14% growth in the manufacturing sector, and aims to create 100 million additional jobs, primarily lower level jobs. Therefore, encouraging investment into SCM is important to spur growth in the manufacturing sector.
All companies and individual names listed above are extracted from the event flyer. For more information about the summit, please refer to: http://www.usaindiabusinesssummit.com/index.php