The Centre of Supply Chain and Logistics Management (CSCLM) at Jindal Global Business School hosted the ISCEA Ptak Case Competition 2017 - India Global Rounds on Sunday, November 12.
The Ptak Prize Global Case Competition brings together students and young professionals from around the world to compete in the Ptak Prize Global Supply Chain Case Competition. This year’s competition was won by IIM Kashipur.
The International Supply Chain Education Alliance (ISCEA) annually awards the coveted Ptak Prize for Supply Chain Excellence in the name of Carol Ptak. Carol, currently a partner with the Demand Driven Institute and the Distinguished Executive in Residence, Pacific Lutheran University, is the originator of the concept of demand-driven manufacturing and is a leading authority in ERP and Supply Chain tools.
The inaugural session saw Dean Professor (Dr.) Tapan Kumar Panda welcoming the competitor teams, jury, and the participants. He spoke on how “technologies of the future are likely to aid agile and sustainable chains that increase the efficiency of the supply chain networks”. Professor (Dr.) Prem Vrat, Pro-Chancellor, Professor of Eminence and Chief Mentor, NORTHCAP University (formerly ITM University), Gurgaon, , delivered the keynote address and gave useful insights about “the multifaceted emerging fourth revolution Industrie4.0”. He pointed out “embedded system production technologies and smart production processes are likely to pave the way to a new technological age which will radically transform industry and production value chains and business models”.
The final session witnessed a lecture by Krishan K. Batra, President and CEO, Institute of Supply Management (India) on “The Power of a Blockchain-enabled Supply Chain“. He said: “Blockchain, although relatively early in its existence, has the potential to help digitize our supply chains. Its role is to automate transactions, ensure traceability, and address cybersecurity”. Dr. Batra also presided over the announcements of the winners along with certification handing ceremony.
Distinguished industry professionals in the supply chain industry, faculty members and students of Jindal Global Business School along with the participating students of the case competition attended the session.
The Ptak Prize
The Ptak Prize competition for the India Rounds started in early September 2017 and saw over 77 teams participate in India rounds from different colleges. The qualifiers from India were narrowed down to six teams a fews prior to the finals.
The India Live Finals comprised a presentation round by the six participating teams The teams were from IIM Bangalore, IIM Kashipur, NMIMS (Mumbai), SIOM (Nashik), NITIE (Mumbai), IIM Lucknow and IIT Delhi.
The panel of judges included Sandeep Chatterjee, Deloitte India and Advisory Board Chairman of International Supply Chain Education Alliance (ISCEA) India; Purushottam Khandelwal, BOSCH India; Abhishek P Rao (APR), Group Director-Varuna Integrated Logistics, Gurgaon; Professor (Dr.) Krishan K. Pandey and Program Director of Data Analytics; and Professor (Dr.) Saroj Koul Executive Director, Centre of Supply Chain & Logistics Management, Jindal Global Business School.
Indian Institute of Management Kashipur (Team The Northerners) won the round held at India. The team consisted of Suryansh Srivastava, Ruturajsinh Rana and Swarnim Solanki. They will be felicitated at SCTechShow2018 with a prize of $1000 in cash and gold medallions at the ISCEA Ptak Prize Awards function scheduled in February 2018.
Symbiosis Institute of Operations Management (Nashik) bagged the second spot in the India round.
These five participants, from the two top India teams, get a free global online training and certification as Certified Supply Chain Analyst, each worth $1100.
The event was supported by Octaphi - The Operations Management Club at JGBS and the ISCEA Campus Ambassador at JGU under the aegis of the CSCLM.