Guest Lecture on “Implementing Supplier Relationship Management and Outsourcing in Post Covid Scenario” for PGDM students
I.T.S School of Management organized an online Guest Lecture on October 12, 2021, for the PGDM 2020-22
participants in the area of Supply Chain Management. The talk was delivered by esteemed guest, Mr. Ankur Thakur, Vice President, Procurement, Jamesway Chick Master Incubator Inc., Ontario, Canada on the topic “Implementing Supplier Relationship Management and Outsourcing Strategy in Post Covid Scenario”.
After the introduction session,Mr. Thakur initiated the lecture by discussing the impact of Covid-19 pandemic on supply chain through travel restrictions, trade wars, resources and capacity issues, unwillingness of people to work, rise in commodity prices, delayed delivery of products and discontinuity of supplies. He then discussed the concept of SRM (Supplier Relationship Management) as the systematic approach to evaluating vendors that supply goods, materials and services to an organization, determining each supplier's contribution to success and developing strategies to improve their performance. He further elaborated the topic by discussing the advantages and challenges in SRM.
Mr. Thakur, then deliberated on the concept of Supplier Segmentation and classified suppliers in four important categories, namely, Strategic: Core suppliers; Critical: strong contracts, managing legacy products; Bottleneck: regular supplier but problematic; Transactional: day to day, no maintenance. He then discussed the advantages of supplier segmentation.
Another important topic which was discussed was Outsourcing. He defined outsourcing and explained its various types primarily, Manufacturing, Logistics, Process specific, Professional, Projects, Help Desk and Off shoring. He then focused on Challenges & Risks of Outsourcing like Instability in current Covid & economical scenario, Job losses, Lack of control & flexibility, Project management & communication, Unforeseen financial risk and Language barrier.
Towards the end the guest explained how one size doesn’t fit all, cut & paste doesn’t supply with every industry and how important it is to take time for due diligence and respect the customer. He then took the questions from the participants and answered them to their satisfaction.
Lastly, a virtual plaque was presented to the guest as a token of gratitude on behalf of I.T.S School of Management. It was a very informative and enlightening session which was appreciated by all participants., , ,
Management faculty attended a one- week FDP, an Initiative of the Ministry of Electronics & Information Technology (MeitY), Government of India Electronics & ICT Academy, IIT Guwahati
Prof. Shilpi Vaish, Faculty of Department of Management at I.T.S Ghaziabad attended a one-week online Faculty Development Program on "Classroom Management Skills & Online Delivery Techniques" from 4 -9 October, 2021 .
This FDP was an Initiative of the Ministry of Electronics & Information Technology (MeitY), Government of India Electronics & ICT Academy IIT Guwahati, Assam, organized in Association with Government Model College, Kaziranga and was a 40 Hours of course for the per day timing of 10 am to 5 pm.
The online FDP witnessed participation from 50 selected Faculty members and PHD Research Scholars from across India. It aimed to impart training to a level where faculties will be benefited in terms of the teaching style, personality improvement, classroom delivery and help the faculties to create a strong mentor mentee relation required for overall development.
The topics and schedule covered are mentioned below:
4th October, 2021
· Inauguration Ceremony
· Introduction of Learning Management System
· Benefit of using Learning Management System
· Various Learning Management System tools available
· How to design your own Learning Management System
5th October, 2021
· Classroom Transaction, Pedagogical Approaches in Teaching in Higher Education
· Micro Teaching Techniques, Question paper setting and Evaluation patterns and Techniques
6th October, 2021
· Virtual Delivery Techniques
· Life Skills
7th October, 2021
· Mentoring Techniques, Career Counseling
· Attitude Crafting, Behavioral Skills
8th October, 2021
· Classroom delivery enhancement techniques
· Gratitude Attributes
9th October, 2021
· Project Work, Assessment, Case Studies
Continuous Monitoring and Assessment was conducted by E&ICT Academy IIT Guwahati. The weightage of the Assessment (100 Marks) as follows:
o Theory Assessment (MCQ/Descriptive) : 30 Marks
o Practical Assessment/Assignment/Activities : 40 Marks
o Classroom Attendance/Monitoring and Assignments : 30 Marks
On the basis of percentage, the certificate was awarded. All the resource persons were masters of their own field and seasoned trainers. This extremely informative FDP will help me in training participants with a variety of modules and different styles of conduct which can enhance their overall personality., , ,
Alumni talk on the topic “ENTREPRENEURSHIP- A PATH TO SELF RELIANCE”
I.T.S School of Management organized an Alumni Talk on October 08, 2021, Friday, for the PGDM 2021-23 participants.
The talk was delivered by Ms. Nupur Raheja, Founder, Good Living Business Systems, and Alumna of PGDM (2003-05) Batch on the topic “Entrepreneurship – A Path to Self- Reliance”.
The event commenced with Dr. D.K. Pandey, welcoming the guest speaker by offering plant sapling to her. He then addressed the students about the relevance of the topic and invited Ms. Nupur Raheja for sharing her experiences and knowledge.
Ms. Nupur Raheja shared her journey towards entrepreneurship with the participants. She highlighted the difference between Entrepreneurship and Business. Through a very interactive session, she deliberated seven steps of becoming an entrepreneur. She encouraged the students to find their skills using the Power of Three Circles. She gave examples of many well-known people and celebrities who became successful after their initial failures. She motivated the students to think freely, read and follow their passion.
Towards the end, Ms. Nupur Raheja took queries from the participants and answered them to their satisfaction. She was offered a memento as a token of gratitude and remembrance. The entire session was very informative and interactive., , ,
Workshop on “Investing and Trading in Stock Market” by Mr. Sachendra Patel (2011-13 Batch Alumnus)
As a part of Institute-Industry interaction and academic delivery prerequisite a workshop on Derivatives Market in India by Mr. Sachendra Patel, Managing Director – GSP Capital Pvt Ltd.
(2011-13 Batch Alumnus) on 8th October, 2021 was organized for the participants of PGDM -IV trimester, I.T.S School of Management .
Mr. Sachendra Patel has a rich experience of 8 years in the field of capital markets. His academic interest includes equity analysis, derivatives markets and mutual funds.
Mr. Sachendra Patel started his conversation with students by bringing in few hard facts about Indian economy; he spoke about the size of the Indian economy and the future ahead.
He discussed about how equity and derivative segment and how this is generating lot of interest especially after pandemic among traders and investors now a days. He said that instruments in this segment should be used as hedging tools but we surly can use them as trading tools as well.
Derivatives markets are driven by big players with financial power. These big players or HNIs who invest huge amount of money in the markets, but while investing they take the advantage of derivative segment to multiply their profits.
He also talked about the various types of margin requirement of derivatives market which can play a major role in changing the ROI of trader.
He also gave a brief overview of Mutual fund and Currency market. Session ended with a vote of thanks given by Participant.
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Online Faculty Development Programme on Data Analytics for Research and Publication
AICTE ATAL organized a 5-day FDP on “Data Analytics for research and Publication” from Oct 4th 2021 to Oct 8th 2021, which was hosted by IIM Vishakhapatnam.
Prof. Charul Agrawal and Prof Parul Gupta from Management Department, I.T.S Ghaziabad attended this 5-day FDP which was focussed on equipping the programme participants with the requisite knowledge for identifying the right research problem, selection of adequate data analysis techniques, application of those research techniques, and interpretation of results. The FDP witnessed overwhelming participation from more than 150 participants from all the corners of the country. All the sessions in FDP were well planned and structured so as to give a comprehensive view of the topic.
The sessions were taken by the Faculties of IIM Vishakhapatnam who were well equipped and presented the topics in an easy manner. The Resource persons shared many practical examples and gave hands on training on some statistical data packages.
The 5-day FDP was followed by a rigorous examination, on completion of which the participants were issued Certificates.,
The Oppo Makers –HR club organized an event “HEAR ROCK” for PGDM students.
The Oppo Makers –HR club of I.T.S school of management organized an event “HEAR ROCK” on 7th October, 2021 for PGDM 2021-2023
batch at Dronacharya Auditorium. The objective of the event was to check and build time management skills, concentration power and mindfulness of the participants. The event was about solving scrambled puzzle which was time bounded. Participants were judged on the basis of how accurately they assembled the scrambled puzzle within the given period of time.
Out of 15 teams, 3 teams were declared as winners:-
1. BLACK HAWKS
Certificates and gift vouchers were awarded to the 1st ,2nd and 3rdposition holders respectively by Director sir Prof. (Dr.) D.K Agrawal, Dr. Anusha Agarwal (PGP chairperson) and Dean Dr. V.N Bajpai . Certificate of participation was given to rest of the participants.
The event was ended by kind words of appreciation by Director Sir Prof. (Dr.) D.K Agrawal, , ,
Guest Lecture on “E- business and Internet Technology” for PGDM students.
I.T.S – School of Management organized a guest lecture on “E- business and Internet Technology” For PGDM (2020-22)
Batch by Mr. Anuj Tripathi, Director – Enterprise Business Development, Affle, Gurgaon) on 06th October, 2021. Dr. Anusha Agarwal Chairperson PGP welcomed the eminent guest speaker of the session by giving a plant sapling.
Mr Anuj Tripathi started the session by giving a brief introduction about his company Affle. Affle is a 16+ year’s old company whose headquarters is in Singapore. It is a listed company in India and till now it has 18 patents, 400+ team; and more than 1000+ applications have been developed by the company. He also mentioned that the company is working is several fields like Application Development, Mobile Advertising, Marketing Platforms, App Discovery and Proximity Marketing.
The speaker explained the importance of business plan, how business plan helps in retaining the top-level talent and how it helps in increasing the profit of the company.
He also explained how market research helps in strategy formation , deep understanding of preferences and buying pattern of customers, identifying the opportunities & Ideas, identifying the problem in existing business models. Then Speech analytics solution and consumer modeling was discussed.
Brand experience was discussed, in which he explained how to give human experience to audience and how to form long term strategy.
At the end Prof. Lokesh Upreti proposed a vote of thanks to Mr. Anuj Tripathi and expressed his gratitude by presenting him plaque on behalf of I.T.S School of Management., , ,
Guest Lecture by Mr. Abhishek Pradhan, Retention Head - Mortgages at Standard Chartered Bank, India for PGDM 2020-22 Batch
I.T.S School of Management organized an Online Guest Lecture on "Mortgage Based Lending" for participants of PGDM 2020- 22 batch on 01st October, 2021.
The Key Speaker of the session, Mr. Abhishek Pradhan is Retention Head for Mortgages at Standard Chartered Bank, India.
The speaker started with building a base in regards to the banking system in India, NBFCs and then discussed about the Housing Finance companies. He explained the whole process of checking the credit worthiness and how it is being checked by the banks.
Sir also discussed about the current market scenario of the home loan sector in India by relating it with the 2008 financial crisis along with that how credit rating agencies and credit bureaus plays a significant role in whole lending process.
At last, there was a discussion on disbursement and advance disbursement criteria’s, what are basic things required for the application of a home loan.
Towards the end of the session, few questions were taken from the participants and Prof. (Dr.) Vidya Sekhri presented a virtual plaque to the guest of honour as a token of gratitude and remembrance.
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Management faculty attended a one- week FDP on “Data Analytics: Tools & Techniques”.
Dr. Gurpreet Kaur, the Faculty of Management Department, I.T.S Ghaziabad, attended a five days Virtual FDP on ‘Data Analytics: Tools & Techniques’ from September 20-24, 2021 organized by the School of Management Studies (SMS), University of Hyderabad (UoH).
The online FDP witnessed participation from 80 selected Faculty members from across India. The resource persons of the program were mainly from the University of Hyderabad. The details of the topics covered are mentioned below-
· Introduction to Data analytics
· Analytics and Algorithms
· Data visualization: Graphs & Charts
· Measurement and Scaling
· Concepts of Probability
· Choice of the right statistical technique for data analysis
This FDP followed a peer-learning approach. It was a highly interactive and intensive program that included daily quizzes and an exam for final assessment based on which the certificate was awarded. This was a great learning experience for Dr. Gurpreet Kaur which would help her in the teaching-learning process in the field of data analytics., , ,
Guest lecture by Prof. Neha Purushottam for PGDM (2020-22)
I. T. S School of Management organised a guest lecture on virtual platform for the participants of PGDM (2020-22) Batch on 29th September, 2021
to supplement classroom learning with Global perspective. Professor Neha Purushottam from Graduate School of Business Leadership, University of South Africa interacted with young minds on a pertinent issue of “Consumer Ageism and Sustainable Marketing”. Prof Neha is a prolific researcher and academician with major interest in the areas of Sustainability Marketing, Sustainable Consumer Behaviour and practices, SDG 12 (Sustainable Consumption and Production) and SDG 4 (Quality Education). She is also actively associated with professional associations like PRME Climate Change Working Group, Sustainable marketing special interest group (SIG) of American Marketing Association (USA), International Academy of African Business and Development (IAABD), Canada.
In her address to the participants, Prof Neha said that sustainable Marketing strategies are unavoidable for the businesses of 21st century. She said that the world’s population is ageing: older persons are increasing in number and make up a growing share of the population in virtually every country with India as an exception. This phenomenon has implications for almost all sectors of society, including product and services. The demand for goods and services such as housing, transportation and social protection is changing leading to organisations equipping themselves for the economic and social shifts associated with an ageing population in tune with fulfilling the pledge of the 2030 Agenda for Sustainable Development.
Towards the end of session, Dr V N Bajpai presented a vote of thanks to the speaker for valuable time and sharing her words of wisdom with the participants. It was really an interesting and informative session with lots of food for thought for participants with inquisitive minds., , ,