Supply chain management is one of crucial areas for any organisation. It has a major role to play in the success and hence growth of the company. Speaking on the same, Abhishek Jain, Chief Executive Officer and Managing Director, PPAP Automotive Ltd. says, "An efficient supply chain is one of the basic foundations to ensure competitiveness of an organisation. Our company supplies over 500 different products and over 150,000 pieces every day to our various customers spread across the country. We have to ensure that each of these pieces are defect free."
Additionally, robust supply chain can help addressing the customer demand. Commenting on it, Jasmeet Singh, Head - Corporate Communications and External Relations, JCB India Ltd. says, "With the ever changing dynamics of the market, it is essential for manufacturers to establish a robust and localised supply chain base. Today, customers are looking for products that offer value for money without compromising on the quality. A strong local supply chain base enables the manufacturer to offer world class quality products and maintain greater control of supplies, deliveries and also costs. A local supply chain also enables percolation of technology and global best practices down to the last level thereby improving processes and quality, both of which are critical in achieving efficiency."
"Moreover, the small and medium scale enterprises not only form the backbone of the supply chain of large businesses, but also play a pivotal role in Government's ambitious Make in India programme. They are integral in realising the vision of designing and creating in India and are increasingly becoming a hub for engineering and designing," Singh adds.
Describing efficient supply chain management, Hansraj Budhiraja, CEO, AB Sea Container explains, "Supply chain management is very important, not only to ensure maximised profits but also to gain edge over the competition. Supply chain is a systematic approach towards proper planning and execution of manufacturing of any product."
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