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The art & science of management needs to catch up with sustainability: Clockspeed 2.0

31st May, 2022

Clockspeed 2.0 was successfully conducted on 29 May, 2022. The whole one day event was packed with a series of Guest Lecture sessions, interactive panel discussions, exciting case competitions, and keynote addresses by an eclectically assembled list of industry leaders and Supply Chain practitioners. Around 280-300 participants were a part of the sessions. XLRI’s ExPGDM’s ClockSpeed 2.0 aims to serve as a platform for sharing best industry practices for overcoming disruptions in the supply chain.

The Conclave started with an Inaugural Address by Dr. Tata L. Raghu Ram, Chairperson of Father Arrupe Centre for Ecology & Sustainability and Associate Professor of Strategic Management at XLRI Jamshedpur. He discussed the challenges that managers face while trying to integrate sustainability into supply chains - is there value or will there be conflicts? Can the conflicts be resolved and reconciled to achieve greater broader sustainability objectives at the global level? After a thorough discussion, he concluded stating that “The art and science of management has to catch up with sustainability - beyond compliance is the way forward.”

It was followed by the Chief Guest Address by Mr. Prashant Yadav, Affiliate Professor of Technology and Operations Management, INSEAD on Musings on Supply Chains that Save Lives and Improve Sustainability. He discussed stating that, “Sustainability in supply chains is an emerging but challenging era. Supply chain progress is highly uneven across individual consumption products vs social benefit products. Modern supply chains are highly interconnected & global.” The session was then followed by Mr. Ranjan Sinha, Chief Group Shipping, Tata Steel on the topic: “Volatility, Uncertainty, Complexity & Ambiguity: How to best position people, processes and technology to define supply chain vision for 2025 and beyond.”

The first panel discussion was moderated by Dr. Bijaya K Mangaraj, Professor – Production, Operations and Decision Sciences, XLRI Jamshedpur.The topic of the session was ‘Do Supply Chains run the risk of Disruption due to ESG concerns?’ This eclectic panel comprised of Mr. Jasmeet Singh Marwah, Vice President, Moglix, Mr. Naresh Babu Gutta, Director- Business Finance and Procurement, Snapdeal, Mr. Arvind Singh Rana, Partner, Vector Consulting Group, Ms. Richa Pant, Founder, Harmony Inc.

This was followed by a second panel discussion on the topic: ‘Can Digital accelerate our Journey to Net Zero?’ moderated by Dr. Sayan Mukherjee, Assistant Professor – Production, Operations and Decision Sciences, XLRI Jamshedpur. This panel featured Mr. Somnath Chatterjee, Vice President - Head of Procurement & Logistics, ITC Limited, Mr. Shailen Shukla, Chief Logistics Officer, MHAO (Mohamed Hareb Al Otaiba) Group, Ms. Neha Parekh, Head of Logistics, Godrej Consumer Products Ltd., Mr. Preet M S Saroa, VP and Head, Supply Chain and Procurement, Thyssenkrupp.

The next session featured a Keynote Address by Mr. Shubhrangsu Dutta, Director- Femcare Supply Chain, Procter & Gamble on the topic ‘Supply Chain Resilience’. This session covered critical insights on the core elements of building resilience within supply chains across the board. This session was followed by the last panel on the Topic: ‘Will Sustainability bind Leaders, Customers and Investors to seek long-term Value?’. It was moderated by Dr. Abhishek Chakraborty, Associate Professor – Production, Operations and Decision Sciences, XLRI Jamshedpur.

This panel featured dynamic leaders including Mr. Niraj N Ambani, Group President- Supply Chain, Reliance Industries Limited, Mr. Pradeep Jadhav, Co-Founder & Director, Thoucentric and Mr. Saibal Kumar Nag, Asst. Vice President (Supply Chain Modernization), Bennett Coleman and Co. Ltd. (Times Group). This session was followed by a session by Mr. Yogesh Sarin, Director- Supply Chain, Dell Technologies on Supply Chain Transformations. The session shared insights on the core drivers of transformation in Supply chains and the vital role of analytics, digitalization and resilience in attaining operational excellence while driving sustainability.

Unlocking ESG within Supply Chain was the next session, led by Mr. Daryl Watkins, Senior Director- Supply Chain, GEP Worldwide USA, discussing the topic ESG within the Supply Chain. The grand event concluded with a vote of thanks by Ms. Anam Gwaliori, General Secretary, Placement Committee summarizing the whole session.