Kick Start your career with India's best Management Institute

Categories
Jaipuria Indore Whats New

Simulation games. Case studies. Presentations. Discussions. Debates. 8 phenomenal classes on Supply Chain Logistics by Prof. Chajjed at Jaipuria, Indore

“All you need to do is divide in teams and craft paper boats to begin with”, said Prof. Dilip Chajjed to kickstart the 8 sessions’ module on Supply Chain Management at Jaipuria Institute of Management, Indore. Prof. Chajjed teaches in University of Illinois at Urbana Champaign and is the Executive Director of MS Programs at Department of Business Administration at UIUC. His one-week visit to Jaipuria, Indore had the PGDM students of Supply Chain Management undergo an interesting and intense learning experience.

The first day of the module saw Prof. Chajjed make students understand distribution processes and its challenges through paper boats and a case study on a German retailing division called Aldi. Students got in-depth understanding of value chain, product selection, product pricing and promotion, product quality, store operations, supply chain operations, purchasing, the back-office operations, international operations and competitors of Aldi.

The second day witnessed a simulation competition among the students wherein they had to play a Beer game. In a team of four, students were designated as producers, distributors, wholesalers and retailers so as to help them understand how intermediaries work for their own benefit and thus resulting in inefficient supply chain operations. It was followed by yet another exercise- a cupcake game. Students learnt the concept of overstocking and under stocking by the end of the session. In the words of Suyash Bhalerao, PGDM Class of 2019- “supply chain as a domain is intellectually stimulating however, the module made it even better for each one of us.”

Third day of the module was the day of discussing Zara from Harvard Business Review. “Empty racks at Zara don’t drive customers to other stores. Being out of stock in one item helps sell another,” remarks Prof. Chajjed while explaining the concept of bullwhip effect through which distribution channel forecasts supply channel inefficiencies to increase the response. The day ended with a discussion on ‘News Vendor Model’, which emphasized on deciding optimal order size and its tradeoffs.

The final day had two case studies- ‘Logistics of Mass Gathering: Kumbh Mela – Ujjain, India – 2016’ and ‘Halloran Metals,’ in store for students. While ‘Logistics of Mass Gathering: Kumbh Mela – Ujjain, India – 2016’, helped students understand the dynamics behind managing the fair efficiently it also helped them analyse it from projecting the percentage flow of pilgrims by an hour of the day, temporary facilities and transportation. They grasped the dimensions of demand and planning– the six entry points and temporal – a time of the day as concepts. Capacity planning, adaptive rerouting and moving queue models were also discussed. Later in the session, flexibility planning and case of ‘Halloran Metals’ was discussed. How Halloran Metals has been able to make profits in the steel industry of US was discussed with regards to various aspects like order winners, competition, marketing strategy, organizational structure and costs.

The 8 classes with Prof. Dilip Chajjed had Jaiuria Institute of management, indore’s students crack various mysteries behind logistics management and learnt from the popular turns and events of the 21st century.

Categories
Alumni Speak Jaipuria Lucknow

Making the most of the IMRB summer internship to make it to Redquanta in final placements, Eva of Jaipuria, Lucknow talks about her PGDM journey

When Eva returned from her Summer Internship with IMRB, she had a feeling of- “I think I learnt and performed as much as I could,” but little did Eva know then that her internship will help her convert a full time placements with Redquanta. Located in 517, Palm Springs Centre, Malad, Mumbai, Redquanta is a research, analytics, and consulting firm working with some of the premium companies of the country and the globe. They arrived at the Jaipuria Institute of Management, Lucknow campus in the month of February, 2018 and after a rigorous selection process picked Eva as one of their Project Managers. They found Eva’s SIP experience with IMRB extraordinarily in sync to the work that a Project Manager is expected to conduct at their company.

A typical day for Eva at the office sees her engrossed in client engagement and client retention activities. Other than that, she works around building questionnaires, audit guideline creation, to name a few. “These things, I had learnt at my SIP and had handled them in a more macro level,” exclaims the young girl enthusiastically. “You should never take your internship opportunity for granted- especially if you are a management student. The amount an internship makes you learn is unbelievably outstanding,” she adds. “IMRB is a giant in the field of market research, so getting the opportunity to work with them helped me learn a lot of things that are helpful now at Redquanta for me.”

It has been two and a half months for the Lucknow girl at her new office but like many of her friends, she misses her Jaipuria days. “We learnt a lot in the two years of our PGDM. While Class presentations helped us see through cases and instances with analytical skills, we networked with the industry professionals and alumni extensively. And your PGDM experience does not limit you to just education. You realize the power of deadlines, attendance and good habits when you are continuously under the grind,” says Eva who is now officially an alumni of Jaipuria Institute of Management, Lucknow.

From the out-start of her PGDM journey, she knew what she wanted from it- “I knew which domain interested me the most and am glad to see where I am today.” And why wouldn’t a girl with a precise vision like her won’t succeed anyway! After all, she was paving the path towards this since the beginning. “I was active in various clubs and committees of the B-school. The closest to my heart being – Media Relations Club where I was the Student Point of Contact for an entire year. I had a lot of responsibilities on me throughout the association. I absolutely leveraged all the opportunities to learn while heading the office of the committee.” While Eva could have simply selected to focus on academics and let the rest, take back seat, she chose to balance academic and extracurricular hand in hand. Result? A “happy ending” of PGDM!

Mobile Section