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Management in India
3 TRENDS DRIVING
Procurement and Supply Chain (P&SC) careers in India
are set for a long-term boom. We look at key trends that
will shape the industry in years to come.
TREND #1: E-commerce shows no sign of slowing down
Online shopping and mobile commerce is driving popularity of
third-party logistics and last-mile delivery vendors who provide
warehousing, transportation, inventory management, packaging,
delivery tracking and freight-forwarding services.
3PL vendors are providing cost-efficient, end-to-end delivery solutions
for everything from food, fashion, footwear, jewellery, beauty products,
groceries and electronics.
Gross B2C transactions from India’s mobile and online shopping boom
is estimated to top US$100 billion by 2020, a seven-fold increase*. B2B
transactions are expected to hit US$700 billion in the same period.
*Source: E-commerce in India: A game changer for the economy, 2016 study by Confederation of Indian industry
Sourcing and procurement activities
can be streamlined across regions
with better integration, resulting in
economies of scale.
Developing strategic relationships
with vendors is also key as they
directly impact the brand’s image.
Any service delivery issue could
harm the company’s reputation.
TREND #2: Driving operational efficiency
SERVICE DELIVERY MANAGER
The Lean Supply Chain concept empowers managers and people leaders to make
quick decisions across the entire organisation. This gives rise to matrix reporting
lines within traditional supply chain set-ups that reduces waste, maximises efficiency
and accelerates time to market.
TREND #3: Emergence of ‘Lean Supply Chain’ concept