Simplicity of SCM - all nuances simply explained - Part - 3 | Mr. Ajay Saraswat

In this video Mr. Ajay Saraswat, an instructor at JBS Academy Private Limited talks in detail about second notch of the learning curve which he refers as Milestone-2. During that time there was product proliferation and supply chain finally was looking at efficiency and flexibility together. While the USA auto majors were fighting their own war. Japanese company Toyota came up with another learning curve onto the logistics industry with the offering of keiretsu to how supply was getting complacent and that were constraints in the global expansion plan of those companies.

Further Mr. Saraswat talks about how India was moving from one LPG (License Raj, Parmit Raj and Government Control) era to another LPG (Liberazation, Privatization, Globalization) era. Mr. Saraswat explains how all the functions from manufacturing to dispatch start working in coordination and the productions are according to the market demand. IT sector was a great enabler of this process and they started adopting technology into their processes which Mr. Ajay Saraswat recognizes as 2nd Milestone.