Operations Club, IIM Calcutta

Unveiling the new logo of "OpLean - The Operations Club Of IIM Calcutta"🎉✨

Operations Club is glad to bring one of its kind event, , that brings hands-on learning sessions and ex*****on together. Future Business Managers, this is an opportunity to learn from some of the best industry experts about Business Analytics but also get a chance to apply the skills to real-world data.
SilverNeuron consulting works with businesses to solve their pressing pains and problems using digital technologies like , ML, IoT, , , , and others.

Silver Neuron Consulting will be taking a workshop on business analytics, followed by a 2-round competition to apply the learning and give paid internship opportunities.
The details of the workshop can be found in the link:

https://lnkd.in/g7CerE2

Hello MBA1s,

First of all, thank you for your warm response. We got 108 registrations for Ops-tackle Trivia. Hope you enjoyed the quiz.

The competition was fierce and these three have emerged victorious. Presenting to you the Operations Geniuses of IIM Calcutta.

Winner: Abhishek Chaudhary
First Runner Up: Pranavkumar Shende
Second Runner Up: Nitesh Goyal

Congratulations to all the winners :)

Hello MBA1s,

Take a short break from your busy and hectic schedule and test your operations knowledge with a short and interesting quiz. Grab the boasting right of being the Ops Genius of the campus.

Fill the form before 20:30 PM, 18th September, and attempt a short quiz of 30 minutes. Results will be declared on the same day.

We know that you are tight on time but we promise you that it will be worth your time.

https://forms.gle/KjEsUeNrJK5xzxj98

Although blockchain technology is increasingly inching into mainstream business, it still remains a relatively under-rated driver of Digital Transformation, when it comes to adoption in the Indian manufacturing sector.

Mr P. Satish Kumar, from the current PGPEX VLM batch, shares his perspective on the reluctance of the Indian manufacturing industry to adopt the game-changing Blockchain technology, and how it could cost them dearly in the long run.

Checkout the article here:

Operations Club, IIM Calcutta posted on LinkedIn Although Blockchain technology is increasingly inching into mainstream business, it still remains a relatively under-rated driver of Transformation...

Operations Club , IIM Calcutta, in collaboration with IIM A, B & L , is delighted to invite Mr. Hari T.N for the inaugural session of Inter B-School guest speaker series. Hari is the Head HR at Bigbasket, and an alumnus of IIM Calcutta.

Date - 23rd Aug 2020
Time - 2:00- 3:00 PM
Topic- "How to make a Career in Operations management"

Brief about Mr.Hari T.N :

An IIT-IIM alum, Hari spent the first eleven years of his career in various engineering and project management roles, and the next seventeen years in Human Resources. He has been a part of the Management Team at multiple start-ups/scale-ups and helped shape four successful exits in different industries:

Daksh – A BPO Company acquired by IBM
Virtusa – An IT Services Company that listed on NASDAQ
Amba Research – An Investment Research Company acquired by Moodys
TaxiForSure – A Taxi Aggregation Company that merged with Ola

He co-authored 'Cut the Crap and Jargon – Lessons from the Startup Trenches' (published by Penguin) and 'Cutting the Gordian Knot – India’s Quest for Prosperity' (published by Bloomsbury).

Follow us on:
https://www.linkedin.com/company/operations-club-iim-calcutta

The great Indian battle had its euphoric moment with the entry of JioMart, which has a strong backing of industry giants as Google, Facebook & Microsoft. The competition was already fierce with the world's largest e-commerce company, Amazon vying, for market supremacy with the world's largest retailer, Walmart

Flipkart, a thirteen-year young startup, has virtually written the rules for e-commerce in a country where gaining customer confidence was way more challenging than selling the product.Founded by two IIT grads, Sachin Bansal & Binny Bansal, the firm has been successful in providing wings to the culture of internet entrepreneurship in the Indian Technology Ecosystem. Over the years, many former Flipkart executives have gone on to start successful independent ventures as udaan.com, cure.fit, Suki and RUNNR.

Flipkart is valued at $24.9 Billion and has recently acquired Wal-Mart India Private Limited, which operates the “Best Price” wholesale business. The move would strengthen Flipkart's foothold in the B2B and B2C segment, as the entity launched a division named Flipkart Wholesale, a new digital marketplace aimed at transforming the Kirana retail ecosystem in India.

The buzz question is: How early can Flipkart realize its ambition of launching an IPO and reach the coveted $100 Billion valuation mark?

Read the full article: " Flipkart: The torch bearer of Indian ecommerce industry" here

Operations Club, IIM Calcutta posted on LinkedIn The Indian battle had its euphoric moment with the entry of JioMart, which has strong backing of industry giants as Google, Facebook & Microsoft...

Reliance Retail and Dmart ( Avenue Supermart Limited.) are the two major players in the Indian organised Food & Grocery market with a combined market share of over 50%. F&G constitutes around 2/3rds of Indian Retail Market. Reliance Retail’s revenues stood at Rs. 1.62 lakh cr for FY20 & DMart’s revenues stood at 1.3 lakh cr. The launch of JioMart Update in over 200 cities and acquisition of Future Group are interesting developments.

DMart boasts an inventory TAT of 30 days, against an industry avg of 70. It stocks 25% fewer SKUs than Reliance Retail. DMart’s operational cost stands at mere 7% of revenue and Reliance Retail is at 9%. DMart’s Everyday Low Price inspired from Walmart worked really well. DMart pays its suppliers immediately in contrast to 37 days by Reliance Retail allowing DMart to negotiate a better margin. Benefits (6-7%) are passed onto consumers. Dmart also plans its store locations strategically. 3-4 stores are within a 10km radius infusing economies of scale in procurement.

On the other hand, Reliance Retail’s strategy has been about leveraging scale for profits. Relentless expansion has led Reliance Retail to foray into tier 2-3-4 towns where it is offering EDLP.

Who will win India’s retail war?

Find the full read here:

Operations Club, IIM Calcutta posted on LinkedIn Reliance Retail and Dmart ( Avenue Supermart Limited.) are the two major players in the Indian organised Food & Grocery market with a combined market share...