Scenario of Supply Chain Management

Scenario of Supply Chain Management for ICTE Manufacturing

“We are Living in Globalize World, in disordered Manner”

Supply Chain Management is Solution for Sustainable globalization in well ordered manner. The Information Communication Technology and Electronics(ICTE) is world largest and fastest growing industry. The role of ICTE in Supply Chain Management is meta-resource solution to India’s economic growth and GDP. It provides Investment solution, revenue creator, Employment generation and creating sustainable system.

Currently, ICTE manufacturing accounts 10% of overall manufacturing turnover. By India 2020, manufacturing ESDM sector involves turnover USD400, involving investment USD100 and employment generation to 28 Millions. Therefore SCM for ICTE Manufacturing is thrust area to be focused.

SCM demands- Capability (Technology, Quality) and Viability (Value, Cost). The Capability can meet through factors.

• VELOCITY  : Global JIT, ‘Time to Market’, Dynamic footprint
• SCALE : high volume manufacturing to increasing demands
• Sustainable Eco-System : Saving of 6M (Man, Machine ,Material ,Method ,Measurement , Mother Earth)

Viability can meet through proper Taxation System, Infrastructure and Labour Laws in country. Future prospective of SCM for ICTE Manufacturing plays High Value Addition in cornerstone to succeed the ‘MAKE IN INDIA’ policy.