Professional Supply Chain Management Coming Of Age In India
The new emerging buzzword for India is ‘Supply Chain Management’. This is because the country is undergoing an all time boom, in its retail sector. In present times, a good and efficient retail system, requires an effective supply chain management system. This helps to decide what products to buy and from where; what to buy and also what to sell and at what price. i2 Technologies, the NASDAQ listed supply chain leader, says, India will play a focal role, in the domain of SCM. For i2 Technologies, India represents familiar domains. This is because 700 people of its total worldwide workforce of 2000, is based in India, chiefly in Bangalore. Also half its global consulting and R&D work, is conducted in India. As per i2 Technologies, India will continue to be its high growth drivers. Ndtvprofit.com reports:
As modern retail becomes big in India and the domestic companies go global, they will have to ensure that their operations are seamless and cost efficient. The supply chain management leaders can well offer them a hand with the task.
Read More: Supply Chain Management Set to Boom in India
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