#63: Supply Chain Tech is Here to Stay

About Lalit Das:

Lalit Das is a Founder and CEO of SS Supply Chain Solutions Pvt Ltd (3SC).  He worked in the various segments of the Supply Chain Domain and Manufacturing & Services Sector in Supply Chain Functions.

He founded 3SC in 2012, the firm holds strong expertise in Predictive, Prescriptive and Descriptive analytics combined with collaborative and consultative approach.  3SC orchestrates organizations to streamline the entire supply chain and create value for customers in order to gain competitive advantage.

Listen to the full discussion here:

  • Stream by clicking here.
  • Download as an MP3 here.

 

 

Connect with the Host:

Rushit Shah: LinkedIn | E-mail

Connect with the Guest:

Lalit Das: LinkedIn

Some of the highlights from the podcast:

  • Lalit’s career journey and how 3SC started
  • Forecast accuracy and using machine learning and neural network algorithms
  • Different products by 3SC and product integration lead time
  • How 3SC is helping their clients in terms of sustainability
  • Demand planning and challenges in data forecasting
  • Advice to people starting their career and company culture

Show notes:

  • [00:51] How did the business start? How did you end up starting 3SC? Maybe a little bit of your background.
  • [03:57] Primarily, the 3SC always stands for Sustainability, Science-driven solutions, and Scalability.
  • [04:17] When you started, how much tech was involved? Was it really tech involved or is it just an excel-based solution back then?
  • [09:22] How long does the integration of the service takes before the customers see the result? What’s the lead time?
  • [12:39] We are trying to solve the network optimization, inventory optimizations, packaging optimizations, and route optimization.
  • [18:03] Also the company you mentioned, where you’re helping them end to end, when do they become carbon neutral because they look they’re quite big to go carbon neutral by 2030, right?
  • [20:54] On the demand curve, what industry have you been seeing mostly using it right now?
  • [22:10] But in the journey, if you look at a five-year horizon, the number of SKUs added year-on-year is 288% and they just contribute only 1% of their revenue.
  • [23:44] For the well-known markets, are you still able to give them forecast accuracy? 
  • [25:43] If you’re really focusing on sustainability, the cost is also going to reduce to a certain extent, except if you’re going to invest a lot in the infrastructure.
  • [27:55] How much manpower is needed to kind of get the data structured for things to be collected? 
  • [33:15] How are you kind of calculating the pre-code and postcode?
  • [36:46] If a company basically wants to implement IBP and they’re heavily excel-based and never worked on SAP APO, how long does it take to get your product in their business?
  • [39:17] The youngsters who have finished their education now have one of two choices: go into a startup or work with a corporate. What would you suggest? Where should they be going?
  • [41:33] Within 3SC, what are the soft skills you look for when hiring professionals at any level?
  • [43:32] Is there a defined culture within the company?

Quote from the Episode:

Soundbite from the Episode:

 

About the Host:

The host, Rushit Shah is the Managing Director of APAC and North America at Alcott Global. Rushit comes with 20 years of Executive Search and Selection with 8 years of Supply Chain Consulting service within APAC. He worked for more than 40 countries with diversified industries and functionality.

Alcott Global connects and upgrades the supply chain ecosystem by finding the right talent through executive search, developing talent through learning solutions, and meeting supply chain technology needs through a comprehensive crunch base marketplace.

The supply chain executive search has been our focus since the very beginning, offering recruitment services for top-tier supply chain roles at every level of the end-to-end supply chain: plan, source / procure, make, and deliver. Our consultants have years of experience in placing top talent, in North America, LATAM, Europe, the Middle East & Africa, and APAC, and besides speed, one of our biggest strengths is our network within the supply chain industry, and we capitalize on it to find the best solutions.

Through the years, we have grown as an organization and our offerings with it. One of our initiatives, the learning solutions- training and supply chain academy, is focused on transforming leadership- self-leadership, executive presence, influence capital, and business acumen. Through Supplify, we aim to match corporations with the top technology companies to solve their supply chain and logistics challenges with a focus on innovation and digital transformation.

We are in constant touch with the leaders in supply chain, inviting them to inspire the supply chain professionals in thought-provoking podcast episodes and events, and showcasing what is possible at the yearly Leaders in Supply Chain Awards.

Related Episodes:

Driving Innovation with InstaFreight

Operating System for Logistics

Digitalization of Supply Chain for Indonesian Farmers

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