Operations And Supply Chain Management

With the liberalisation and opening up of the economy our country was thrown into a global system from its traditionally insular and self-reliant stance. Again with the new millennium, enabling technologies, especially information technology have created a whole new realm of virtual reality, which has changed many paradigms of how business is conducted globally. India also faces the task of not only integrating itself with the rest of the world, but more importantly, of understanding future global trends to work towards finding a place among the leading economies. Countries like India can ill-afford any wastage in the industrial sector because of the resource constraints. Unfortunately, the productivity is a major concern in developing nations.