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Webinar on Aligning Incentives in Supply Chains – A Practical Approach

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Webinar on Aligning Incentives in Supply Chains – A Practical Approach

June 20, 2020 @ 11:00 am - 12:00 pm

Overview: 
Supply chain Management (SCM) has always been an important area of research evident from a large number of research articles found in journals and books across the globe. Common people have started realising this suddenly in view of the outbreak of Corona Virus spreading across the Globe. Supply chains are getting disturbed/disrupted owing to the closure of factories, stoppage of transportation and hence supplies and distribution. Manufacturers and service providers are finding it extremely difficult even to maintain the services for essential goods.

The situation is slowly moving back to normal and organisations are gradually gearing up their production. In fact, it would be a war against time as well as cost. The professionals would find it really agonising maintaining a balance between impact on customers versus impact on the company. The presenter with the repertoire of practical examples, is of the opinion that it is high time that contracts are revisited to ensure seamless movement of materials across the supply chain. A disrupted supply chain would work well if its companies’ incentives are truly aligned/realigned – that is if the risks, costs and rewards of doing businesses are distributed fairly across the chain/network again in view of the changed scenario.

Key Takeaways:

 What is meant by alignment of incentives?
 How it is achieved?
 Global Optimisation
 Contracts for strategic items like Traditional, Buyback, Revenue sharing etc
 Contracts for non-strategic items like long term versus spot contract
 Real Life examples of Manufacturing companies.
 Way forward.

Presenter: Dr. Rabindranath Bhattacharya, Adjunct Professor, VGSoM, IIT Kharagpur.

Date: 20 June 2020 | Saturday | 11:00 am – 12:00 pm

Cost: This webinar will be free of cost for ISM-INDIA’s Members & will cost Rs. 500/- for Non-ISM Members. If you want to pay now Click Here.

Note:

  • This webinar will be of 60 minutes including 15 minutes for Q&A session.
  • In addition you can earn Continuing Education Hours (CEH’s) for CPSM Re-certification. Apply for CEH’s Certificate within 30 days.
  • This webinar will be beneficial to the procurement & supply chain professional as well as those who are new to our profession.

Register Now

Details

Date:
June 20, 2020
Time:
11:00 am - 12:00 pm
Event Tags:
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Website:
https://us02web.zoom.us/webinar/register/WN_PRoDxpMVTaeE8MSgj9JjIQ

Organizer

ISM-INDIA
Phone:
0124-4221353, +91 9971171220
Email:
riya.ramppal@ism-india.org
View Organizer Website

Venue

Online
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