The American Production and Inventory Control Society, APICS, Supply Chain Case Competition for South and Western Asia has been won by students from IIT Kharagpur. Rohan Sewani and Rohit Sar were the winners from IIT Kharagpur and they solved a case for a toy manufacturing company.
The production amounts, capacities of each process of the manufacturing unit, also the layout of the factory, inventory distribution, inventory cycles, warehouse costs, operational expenditures, transportation etc, were the specifics which have been defined by the case.
The solution proposed by the IIT KGP team involved the following topics:
- Material Flow Optimization
- Inventory Optimization
- Overall Equipment Effectiveness
- and Material Yield
The case was supposed to be presented as a business case to the board of directors.
Eight teams from India with management students from IIMs, IIT Delhi, IIT Bombay, NMIMS and Delhi University were present for the regional finals for West and South Asia.
APICS which is known as the American Production and Inventory Control Society is the world’s leading professional body for end-to-end supply chain excellence.
(Image Courtesy: India Today)