Corporate Talk Session by for PGDM & MBA (2019-21)Batch by Mr.Biraj Patro, Vice President SALES Bagrrys India Limited
Department of Management at I.T.S, Mohan Nagar, Ghaziabad organized Corporate Talk on the topic “Changing Face of FMCG Distribution Model in India” for PGDM & MBA (2019-21)Batch.
Mr. Biraj shared that FMCG companies today are staring at a major disruption in their distribution model. Other than some basic technology very little changed over the decades. The primary reason for the lack of change is the more or less static retail environment we have seen –close to 90% of retail even today is dominated by General Trader in India, this was as high as 98% till a decade or so ago.
Mr. Patro emphasized that wider adoption of technology to track inventory & sales through the implementation of DMS and SFA. Launch and rapid growth of Modern Trade (MT) from 2000 onwards, followed by e- commerce in the last five years.
Mr. Patro has shared FMCG companies outsourcing their Sales Reps to third parties to reduce complexity for GT coverage. GST roll out in 2018, which for the first time allowed manufacturers to view India as ‘One Market’ and adapt their distribution networks accordingly.
Mr. Biraj explained MT’s growing strength of distributing to the GT channel is likely to also allow them to sell more of their private label products through that channel, directly competing with established FMCG brands and creating a bigger fight for shelf space in GT.
He concluded that even though this all may seem disruptive, it is likely to emerge as the most efficient model in the coming years, where disaggregation will lead to “disowning” a large of the distribution network, and lead to partnering with regional and national players to enable the most efficient and lowest ‘cost to serve’ distribution model for FMCG brands across all channels.
During his discussion, he shared his diverse experience with students. At the end of the corporate lecture, a special vote of thanks was given to him., , ,
On the 11th of October 2019, a webinar session on IPTSE hosted by ASSOCHAM was organized by Department of Management at I.T.S Ghaziabad, for PGDM First Year students.
The webinar featured Ms. Sheetal Chopra, Chair, ASSOCHAM IPR and General Manager, IPR Advocacy, BTEB IPR Policy, Ericsson, stating the importance of the intellectual property and how it can be protected. She discussed how in case of future ventures it can be accessed for the benefit of any business and how any individual who has a unique talent or idea can protect it so that it can’t be used or stolen for misuse.
The concept of ITSE (Intellectual Property Talent Search Examination) was used in the session so as to enlighten the students about this new emerging concept. As it is a very sensitive as well as relevant need in these times where everyone is trying to forge the ideas and implementation for their personal benefits regardless of the moral grounds it provides a scope for IP lawyersto come in and protect an individual or an institution vis-a-vis their ideas and intellectual caliber.
The importance of the IT in the business was also explained keeping the management profession in context demonstrating how proper knowledge and relevant certification may help management students to develop their skill set which in turn may benefit them in the protecting the assets of the business, while also enhancing their professional careers.
The segments like media and entertainment, biotechnology, pharma, fashion, sports as well as the technology industry are in dire need to hire the professionals for the same, and management students can also pursue the program as they have the requisite domain knowledge. The lecture also to helped in understanding how technology can be used to attract investors in the game.
The last part of the session was dedicated to show how becoming an IT lawyer can boost careers at a time when new businesses are emerging in the virtual world. The guidelines for ITSE (Intellectual Property Talent Search Examination) were also shared, starting from preparation to the final examination of ITSE.
It was a highly informative session which served as a timely eye opener for the students.
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A Report Department of Management at I.T.S Mohan Nagar, conducted Parivartan - The slum education program on 6th October 2019 covering the topics of some geometry basics, while also using the opportunity to commemorate the birth anniversary of the Father of the Nation.
The first session was about Maths - more specifically geometry. Ashish initiated the session talking about the Angles and Triangles. Prabhanshu discussed about the various types of angles like Acute, Right, Obtuse and the different categories of triangles based on their sides and angles. The experienced Atul assisted them in making the session more effective.
The second session was about storytelling. We had two topics to discuss with the children. The first topic was about Gandhi Jayanti. Ananya and Sudha took the lead and started talking about Mahatma Gandhi the person, his family background and his contribution towards the country specifically, as well as society in general. They also explained the effective and far reaching principles of Gandhiji like Ahinsa (Non-violence), Swachchhata (Sanitation) and Saadgi (Simplicity).
Last but not the least, it was the time to provide a background to the forthcoming Dussehra celebrations. Sukriti gave a brief about why we celebrate this holy occasion and inspired them with a message that "Truth and Virtues always Win."
Finally it was time to ring in the close of the day’s classes with the distribution of 'Mango Frooti' and 'Parle Eclairs' toffees among the children., , ,
Prof. Yachna Malhotra of I.T.S - Mohan Nagar conducted a training program on "Effective Communication and Business Etiquettes" at I.T.S Dental College,Murad Nagar for the staff members of Admission team, Registrar office and the OPD executives.
Participants were highly delighted to have such an opportunity to learn and add new set of skills and competencies so as to develop and enrich their capabilities as a successful professionals and to contribute the best possible to the students and hence the learning environment was highly interactive and resulted in deep routed team cohesiveness among the participants.
Initially to get connected with the participants, an ice breaking session was conducted to get affiliated with each other by introducing each other with sharing their feelings and disclosure of strengths and weaknesses so as to predict personality traits of the participants.
The training was a mix of both the slide show coupled with some interesting activities to sensitize the staff members for giving effective and quality service in general and making their interactions with students more polite, clear and result oriented.
An activity on Non-Verbal Communication (Guess Who?) was conducted among the participants to make them understand and demonstrate the importance of Body Language, Gestures and Facial Expressions in the process of effective communication. Participants were over whelmed with the outputs and experiences they had during the game. Again this was followed by Role Plays covering the situations from their day to day work routine in which all the members actively participated and understood the importance of professional etiquettes and how this can increase our efficiency and effectiveness at work place.
Prof. Yachna Malhotra offered thanks to all participants for their patient listening and active participation during the session. The essential arrangements and hospitality hosted by Manager Admissions was praise worthy., , ,
Chess Sports Association Ghaziabad rganized “I.T.S Cup UP Senior State Fide Rated Chess Championship- 2019” under the aegis of UP Chess Sports Association in I.T.S Mohan Nagar Ghaziabad sports complex from 4th October 2019 to 7th October, 2019.
More than 200 contestants from different districts of UP state are expected to participate in this Championship contest.
The Championship tournament was inaugurated by the chief guest Sh. Arpit Chadha, Vice Chairman, I.T.S -The Education Group & Vice President of Ghaziabad District Chess Association, Shri Charul Bhatnagar, General Secretary ( U.P.Chess Sports Association, Ghaziabad), Mr. Raj kumar (International Arbitrator), Sh.Yash Raj (Deputy Chief Arbitrator), Dr. Vidya Sekhri, Director (Management), Dr. Sunil Pandey, Director (IT), Prof. Nancy Sharma, Vice Principal(UG) and Dr. D.K.Pandey (Faculty Sports Coordinator) with ceremonial lamplighting to Goddess of Learning Maa Saraswati in I.T.S Sports Complex.
This Championship aimed for nurturing chess players at national and international level and promotion & development of chess in the state of U.P in all age groups.
Sh. Arpit Chadha, Vice Chairman- The I.T.S Group congratulated and expressed his best wishes to all participants for their active participation and encouraged them to excel in future. Dr. Vidya Sekhri, director (Management) emphasized on both the physical and mental development of the youth to achieve grand success in life and ensured to extend maximum possible support to promote sportsmanship in the region., , , , , ,
Faculty attended IInd National Conference on Management Innovations Infocomm Technology and Values- Changing paradigm in Business”
Faculty of Department of Management participated in IInd National Conference on Management Innovations Infocomm Technology and Values- Changing paradigm in Business” held on Friday, 04 October, 2019 at Maharaja Agrasen Institute of Technology Delhi.
Dr. Surendra Tiwari attended National Conference and presented his paper on “New gateways in Financial services through Blockchain”. Conference was intended to take stock of recent advances and development of knowledge bases and also the disruptions caused by latest advancements at the globally competitive environment that will decide the future directions to young researchers and practitioners.
Objective of conference was to help in sharing of experience and exchange of ideas, which will also foster National Collaboration. The Conference was of immense benefit to Researchers, Academicians, Industry and Participants from Technical Institutes, R&D organizations, Management and students working in the field of Management, Engineering, Law and Education.
Conference witnessed large number of academicians and professionals in the field of management along with their research papers., ,
One day workshop on “Intellectual Property Rights” was attended by Dr. Vivek Pachauri, Assistant Professor, I.T.S Mohan Nagar Ghaziabad on 1 October 2019
at AKTU, Sector 62, Noida Campus. The workshop focused upon creating awareness of IPR among faculty and Ph.D Scholars of AKTU and provide some important information on IPR and filing of patents. AKTU has its IPR policy and would like to facilitate Patent filing for the faculty and students of AKTU. Experts having expertise in IPR were the resource persons for this IPR workshop. The experts were Dr. K.S. Kardam ,former Sr. Joint controller of patents & Design (Patent office New Delhi), Mr. Yashwant , Patent Controller, Tifac. The workshop was coordinated by Dr. Dutta, Dean R & D AKTU. The resource persons further gave a deep insight about the benefits, process and sources for filing the patents. Overall It was a good learning from the workshop.
Department of Management at I.T.S - Mohan Nagar organized a Workshop to enhance the knowledge and practical exposure on the topic “Financial Modeling” for PGDM IV Trimester Finance specialization students on Saturday, September 28, 2019.
Prominent industry leader Mr. Kapil Kalra (National Head at L&T Infrastructure Finance Co Ltd) took up the workshop and introduced the basic concepts of Financial Modeling relevant to the current scenario to the Finance Specialization students of PGDM (2018-20) batch.
Students got the opportunity to know the concept of hard cost and soft cost, IDC (Interest during construction), project cost and DSCR (Debt Service Coverage Ratio) along with their practical application. Students also got chance to interact with the guest and cleared their relevant doubts and queries regarding the practical problems faced during equity valuation and others.
Dr. Anusha Aggarwal (Head of Finance Department) concluded the session with vote of thanks., , ,
Utthan, a CSR initiative of Department of Management at I.T.S - Mohan Nagar, Ghaziabad organized a session on how to save environment and earth for school students in the college campus. Student volunteers of management department explained the students different ways to save the environment and how pollution can be reduced.
In the first segment of the activity, students were taken to computer labs. In this, they were asked to prepare the posters on the given theme with the help of MS Paint which they have been learning so far. Many students made beautiful posters on the given theme using different tools of MS Paint.
In the second session, students presented their views on how to save the environment and their posters were shown to all in the auditorium. Students were also shown motivational videos for the same which they admired a lot.
Best presentations along with posters were awarded with gifts and prizes.
Dr. Nitin Saxena and Prof. Shilpi Rana, Faculty Coordinators of Utthan Club and Dr. Durba Roy, Head - CRC along with student volunteers felicitated the event by distributing Prizes to all the winners of the activity.
All the students were given refreshment at the end of the session.
Student Volunteers of MBA: Mansi, Aakash Gupta, Nitin, Zubair, Akash, Saumya, Anuj Pandey, Amisha, Ishita, Anjali, Vidhi, Sweta, Varnika and Varuni., , ,
On the 25th of September, 2019, Department of Management, I.T.S Mohan Nagar organized Industrial visit for PGDM First Year (2019-21) students to IMT Manesar, Gurugram of NBC Bearing Limited.
The group was received by Mr. Rahul Agarwal arranged for refreshments for the students. Then they were briefed about his role, followed by the history of the company and process of production. NBC BEARING LTD, has 4 plants (2 in Jaipur, 1 in Vadodara,1 in Gurugram. Mother plant of NBC Bearing is in Jaipur which was established in 1947 and the plant in Gurugram was established in 2006.
After this head of production unit conducted a production process visit in company for the students. Numbers of questions were put forward by students. These related to diverse areas like operations, production, supply chain, HR and marketing.
In the end Mr. Rahul Agarwal summarized the visit followed by the photo session. Visit was very useful from the management students p