operation research lab & activities

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 Q1. Which all B-schools have a concept of Operations lab or Operations related research centre? What are the activities carried out in those labs? No Indian B-Schools have Operations Labs. But below is list of various Operation activities in Indian B- schools. Name - UNIVERSITY CORE ACTIVITY/ Events EVENTS National Institute of Industrial Engineering (NITIE), Mumbai Production and Operations Management Society (POMS) Production and Operations Management Society (POMS) is an international professional organization representing interests of POM professionals from around the world. The purposes of the Society are: (i) to extend and integrate knowledge that contributes to the improved understanding and practice of production and operations management; (ii) to disseminate information on POM to managers, scientists, educators, students, public and private organizations, national and local governments, and the general public; and; (iii) to promote the improvement of POM and its teaching in public and private manufacturing and service 1. Discuss and share the best practices across various industries and economies. 2. Identify concerns and challenges faced by various organizations in achieving manufacturing excellence. 3. Theme based conferences conducted at regular intervals. Major Events: POMS20XX - Conference Shailesh J Mehta School of Management, IIT Bombay Opera club 1. Operations continuum, coordinated and managed by Opera club along with industry interaction team is an event which provides a platform for knowledge sharing through industry interaction, and aims to raise curiosity among the participants regarding specific aspects of business from an operations perspective. 2.Shrinkhala (operations)  Avenues 2011 Shrinkhala has an interesting structure consisting of an Online Simulation Game and case study. To make things more interesting this year, the simulation game is brought to you by Colgate Palmolive Ltd. http://sjmsom- avenues.com/

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8/11/2019 Operation Research Lab & Activities

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Q1. Which all B-schools have a concept of Operations lab or Operations related research centre?

What are the activities carried out in those labs?

No Indian B-Schools have Operations Labs. But below is list of various Operation activities in Indian

B- schools.

Name - UNIVERSITY CORE ACTIVITY/ Events EVENTS

National Institute of

Industrial Engineering (NITIE),

Mumbai

Production and Operations

Management Society

(POMS)

Production and Operations

Management Society (POMS)

is an international

professional organization

representing interests of POM

professionals from around the

world. The purposes of the

Society are:

(i) to extend and integrate

knowledge that contributes to

the improved understanding

and practice of production

and operations management;(ii) to disseminate information

on POM to managers,

scientists, educators,

students, public and private

organizations, national and

local governments, and the

general public; and;

(iii) to promote the

improvement of POM and its

teaching in public and privatemanufacturing and service

1. Discuss and share the best

practices across various

industries and economies.

2. Identify concerns and

challenges faced by various

organizations in achieving

manufacturing excellence.

3. Theme based conferences

conducted at regular intervals.

Major Events:

POMS20XX - Conference

Shailesh J Mehta School of

Management, IIT Bombay

Opera club

1. Operations continuum,

coordinated and managed by

Opera club along with

industry interaction team is

an event which provides a

platform for knowledge

sharing through industry

interaction, and aims to raise

curiosity among the

participants regarding specific

aspects of business from an

operations perspective.

2.Shrinkhala (operations)

 Avenues 2011

Shrinkhala has an interesting

structure consisting of an

Online Simulation Game and

case study. To make things

more interesting this year, the

simulation game is brought to

you by Colgate Palmolive Ltd.

http://sjmsom-

avenues.com/ 

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S. P. Jain Institute of

Management and Research 

(SPJIMR)

Operations club

Operations Management Club

is a student body.

OPERACE-OJES

Operation Case Study.

a platform to showcase your

ideas and innovative solutions

to a live business problem.

IIM Bangalore.

Production & Operations

Management Area

OP-MAC 

To protect and nurse the

interest of students towards

Operations.

Operations Management Club

is a student body at IIMB that

stands to promote Operations

as a career option to IIMB

students.

Nirmaan

Nirmaan is an inter section

event organised exclusivelyfor the PGP1s. Nirmaan 2011

received overwhelming

response from PGP1 students.

Modus Operandi  – Operation

event

SYMBIOSIS INSTITUTE OF

OPERATIONS MANAGEMENT

Operations Management Club

is a student body

Operations Converge 2014, gave

a wonderful kick-start to the

series of Industry-Academia

confluence 

IIM Calcutta.

Operations Club 

The club that bridges the gap

between classroom teaching and

practical application in the field

of operations. 

1.Live projects which include

projects from Indian Railways,

L&T and Amazon, Advatech and

many others.

2. Ops Cociente –Monthly online

quiz.

3. Campus events like Nirmaan,

Flip-it-Fast, ManuFactor,

Battlefield 

IIM Lucknow

Operation Interest Group.

Student run club 1.Operations Managementmagazine, “OpsSession”  

2. Opsyrus 2014, the NationalWhite Paper Competition. 

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B-SCHOOLS OUTSIDE INDIA WITH OPERATIONS LAB:-

NAME( UNIVERSITY/CLUB) CORE ACTIVITY ACTIVITIES

University of Cambridge Judge

Business School

Operations lab

The Operations group studies

the design and management

of value-enhancing systems

and processes that lead to

improved decision-making inboth tactical and strategic

aspects of an organization .

1.  The Operations group

runs a regular seminar

series during term time.

2.  All members of the

group make editorialcontributions to leading

 journals, including in the

last five years the Journal of

Operations Management ,

Management Science 

3.  The research agenda

of the group is stimulated

by regular contacts with

senior personnel of

regional, national andinternational organisations

such as Bank of China,

British Airways. Etc.

London Business School

Management Lab

The Management Lab works

with leading-edge firms to

help them create tomorrow's

new practices today. Our aim

is to support these pioneering

companies genuine

management innovation.

1.  MLab brings together some ofthe world's leading businessthinkers, academics,executives, institutions andorganisations. MLab helpsits partner companiescreate ground-breakingmanagement experiments

2.Current innovation themesinclude:

  Reducing the cost ofstrategictransformation.

  Making innovation acorporate-widecapability.

  Dramatically raisingthe returns on humancapital.

 

Building 21st centurymeasurementsystems.

MIT Operations Research

Centre

& Lions Teams

Involve pairing students with

client companies, and both

are true to the Action

Learning ethos of applying

classroom learning to real-

world problems.

Operation Consultants-

Teams of three to five students

act as consultants on operations

improvement engagements for

small- to medium-size

organizations in the Greater

Boston, Massachusetts, area.

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Q2-Give contact details of at least 3 people to whom we can pitch for live projects. Preferably the

organization should have its office/plant in or around Indore.

NAME ORGANISATION CONTACT DETAIL SOURCE

Aslam Ansari Tata International Leather

Production - Indore

8962002615 Colleague

A A Khan Aleen Machines India Pvt.Ltd

Plot No H-1, Kheda industrial growth

centre, sector 3 ,Pithampur -452001 

07312711177,9303238337,

8447554078

Friend

------ Kriti Industries, MP-Indore I can get contact by tomo Colleague

Priyanka Srivastava Maruti Suzuki India Ltd -Gurgaon 8447426206 Me

Hassim Bombay Machine Tools - Indore 07314206428 Internet

Elango L &T Construction 09007016602 My Uncle

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Q4. Design an operations event / competition for the club that can be conducted at Pan-IIM level.

(Give relevant details such as number of rounds, details rounds, resources required, etc.)

APPROACH TO CONDUCT EVENT:

Project management approach along with PDCA cycle can be effectively leveraged to organize thisevent with least resources.

  Primary constraints- Site, time, Team and budget.

  Secondary constraints –  labor, Procurements, Variables ,Participants etc. (These are strict

constraints)

a)PLANNING – Event resources are planned like.

1.  The scope statement: Includes event description also

2.  The planning team:

3.  Identifying deliverables and resources:

4. 

creating the work breakdown structure:5.

  Identifying the activities needed to complete those deliverables:

6.  Networking the activities in their logical sequence:

7.  Estimating the resource requirements for the activities:

8.  Estimating time and cost for activities:

9.  Scheduling: Phase-1, Phase -2 ,Phase-3 (phase-3- on the event day)

10.  Developing the budget:

11.  Risk planning:

12.  Gaining formal approval to begin work:

13.  Developing a Marketing Plan:

b) DO: phase-1, phase-2 

1.  Direct and manage project execution : phase 1

2.  Timely assurance of deliverables:

3.  Acquire, develop and manage Project team

4.  Distribute information

5.  Conduct procurement

6.  Test the deliverables against the initial plan

c) CHECK:

1. 

Measuring the ongoing project activities: where we are. 2.

  Monitoring the project variables (cost, effort, scope, etc.) against the project management

plan and the project performance baseline (where we should be). 

3.  Identify corrective actions to address issues & risks properly (How can we get on track) 

4.  Influencing the factors that could circumvent integrated change.

d) ACT: 

Finalize all activities across all of the process and activate Phase-3 with excellence.

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Operation e’X’cellence (Op-X) – SYMOSIUM - December

One day Operation Symposium for IIMs with Operation events mentioned below.

(Should be conducted along with any other major event like ‘AHVAN” – To maximize participants)

A. 

EAGLE EYE:

Event Description:

The team is taken to an Industry where they can stay for 8 hours without disturbing the actual

production facility or operations. They are expected to find any problems from all levels of

operations say bottleneck, improper line balancing, Material handling routes, Quality constraints,

Resource utilization (material, labor, cost, machine) , Line efficiency ,Distribution chain, etc then it

is compared with idle line or with similar process to benchmark. In next 16 hours the team is

expected to present it to the Judges (Including persons from the Industry) and they are weighted

by them.

Ex:  If the line runs by batch production with efficiency “x” and capacity”y”. Analyze the product

history and club similar products together reduce the variety and compare it with Single flowcontinuous line & sub assembly lines check for efficiency & capacity. Provide solution with the

installation cost of new line, variety it can handle, proposed efficiency & capacity, new machines to

install etc. 

Rules:

Round 1: Online Problem Solving Competition +

Round 2: Teams will be taken to a Industry where they were asked to Improve the Industry

Practice.

How it can be done:

Primary constraints- Site, time, Team and budget.

Secondary constraints –  labor, Procurements.

B. 

Operations Hangout: Industrial Operations doubt clearing session (Online Event)

Event Description:

Google Hangouts with the Eminent Operation experts, Operation stalwarts in Industries.

People can clear their doubts regarding Operations from the panel.

Round-1: (Elimination)

Open Online Quiz – Operation knowledge tested

Round -2: (Selection)

Online Discussion on Operations on selected Topics. (ex.E-commerce)

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Google Hangout where participants are given chance to discuss on this topics and answer.

Selection is based on How well they perform in discussions.

Round -3 (Hangout with Dignitaries)

Speakers: (Resource Required) Professors from Harvard (Operations), C.E.O of walmart India

C.  Operations Workshop cum Industry Talks: (Any one can attend) – (ex – Supply Logistics)

Event Description:

Participants can pick their choice from 5 different topics and the topic with maximum is chosen.

Resource: Professors (Paid)

Funding: RS 100 Fees Collected.

D.  Operations War: Operation + Marketing Event Prize : Internship/ Prize

Event Description: prize money can be shared by both kaizen & mercuri

Operations along with Marketing often called Production add value and makes money directly. So,

this event focus on teams’ ability to create an efficient production line which use limited resources

and sells their produce to the customers.

How it can be done?

Extra points given on teams’ diverse background. Points given on line capacity efficiency etc 

Round 1: Case study on production line and teams selected based on Solutions

Round 2: Asked to design & build a production line with 5 workers + limited resources

Round 3: Sell the finished products in open market.

Resource Required;

Ex:

Part -1:

Teams are provided with charts,inks,pencils+ some items.(1hr) They are asked to make a single

product. They need to design a production line that runs on a particular lead time, efficiency

etc.(2hrs). Then they are asked to start their production line and run it for half an hour.

Part 2: Teams are then given 4 hours to sell their product and rise the cash.The team can sell

through any medium say online-ebay, olx etc or directly to customers .They can also give discounts

for their sale. But ultimately the team with the most cash wins or team with best production line.

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Indian Operation Summit 2014 :-October (This is conference for companies -through IIMI )

THEME TAKEN: Manufacturer advantages in Direct To Customer Operations.(Sales Operation)

Internet Retailers announced that manufacturers selling direct to consumer is the fastest growing

online retail category in its Top 500 Guide.

This conference can focus on how manufacturers can overcome the challenges of competing with

retail partners online, and leverage the strengths of a branded site. Keep in mind, there are 4types of manufacturers who sell direct to consumers online, those with:

1. 

No retail stores, sell only through retail partners (e.g. Bose)

2.  Retail stores and retail partners (e.g. Sony Store)

3.  Retail stores, no retail partners (e.g. American Apparel)

4.  No retail stores or retail partners, only available online/phone (like Dell used to)

How its done?

Director of Operations, Distribution Manager, Fulfillment Manager, General Manager, Hardware

Specialist , Industrial Engineer , Internet Fulfillment Shipping Manager etc are invited and asked to

give guest lectures on the selected Topics depending on the theme. The Officials from Tier 1,Tier2,Tier 3 can come and attend the conference. Learn the best practices from the best peoples and

implement them.

Fees will be collected from officials,Entrepreneurs, participants who are attending.

Resources:

Primary - Speakers, Professors Venue – New Auditorium ; Food : Catering Service

Budget – 10 lakh Funding –  Sponsors & Ticket collection.

Agenda:

1)  1 OR 2 DAY Conference – Inaugural Tea, Breakfast, Lunch and Dinner.

2)  Evening Workshops, Networking Breaks ,Networking Events,Paper Presentation.

Topics Covered:Expert will be discussing on Challenges, Latest trend, Future Scope, How to excel?

On the following topics of Sales Operations,

a)  Warehouse

b)  Order Management

c) 

Picking, Packing & Packaging

d)  Reverse Logistics

e)  Inventory Management

f)  Shipping, Distribution & Delivery

g)  Technology, IT & Systems Integration

h)  Transportation

i) 

HR/Workforce Operation Management

Other Things which I like to add:

3)  Operation Magazine, Newsletter -Quarterly

4)  Operation website, blog & Online Discussion group

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Q3. Write an article on Operation management Practices (trends, best practices etc.) in any of the

following industries: e-commerce, Telecom, food processing industry or Tourism industry

Business Managers of today are living in challenging times. Business targets had never been

stiffer, work pressure and managing the complexities of competition is keeping them on their toes

all the time. Today, success or failure of a business and the Organisation is dependent wholly

upon the Organisation’s ability to be flexible and to respond to the external changingenvironment. Only those who are able to adapt to the changes and those who are able to

assimilate and learn from tomorrow’s technology are able to run the race. Digital technology has

changed the rules of business game and good Operation management Practices helps to bring a

big competitive advantage. Operations Management is a systematic approach to address all the issues

pertaining to the transformation process that converts some inputs into output that are useful and could

fetch revenue for the organization. 

Operations management in Food Processing Industry :

Food processing and manufacturing businesses must operate in planned, organised and systematic ways if

they are to be effective, efficient and profitable. Operation management helps to provide best serviceof food processing and accessories at lowest cost possible. This objective can only be achieved if each

and every operation within the organization is managed optimally. The various operations within an

organization that needs to be managed are financial operations, capital management and human resource

management. The three features that the organization concentrates on are quality, speed and satisfying

customers.

The following things are important parametric constrains the industry need to focus on ,

a) 

structure of organization & manufacturing practices of the industry;

b) 

relationship with farmers, supermarkets and wholesalers and the consumer marketplace;

c) 

market trends in meat/poultry/dairy consumption;

d) 

threats and opportunities;

e) 

influence of animal welfare legislation and issues;

f) 

issues of globalization and food security and sustainability.

Raw material availability:

The main strategies used by big player like McDonald have to maintain the inventory is JIT, Just in Time.

The idea behind this is to reduce the cost of inventory management. This also helps in providing fresh food

to the customers. This strategy is successful since the mangers in the restaurants do a daily stock count at

the end of the day to keep a track of the available things and things that have to be ordered. The foodprocessing units of future should be able to deliver in JIT.

Good manufacturing practice: Product specifications with process control, product control, production

documentation and production records; product recall systems can add good value to production.These

practices tracks the performance and also helps in improving the performance. The food processing

Industries in developed countries like UK,US are working heavily on this aspect.

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Quality and food safety management systems: The concepts of quality management like quality assurance

quality control, concept of quality management systems concept of food safety systems, quality and food

safety system standards International Standards Organisation ISO 9001, Hazard Analysis Critical Control

Points (HACCP), ISO 22000, quality and food safety audit; cost of quality measurement and analysis are

been incorporated in food industries to deliver better qualities at lower cost. The quality concepts of

manufacturing Industries are now adapted by Food processing Industry also.

Process control: The need for reasoned design and control,systems approach to process design and

management; process specifications; statistical process control; packaging process control have urged the

Industries to adopt those practices. The use of key performance indicators are also been adopted to control

product improvement in certain Industries.

Process improvement: Production concepts like 3-sigma and 6-sigma process control; DMAIC; concept of

Lean Manufacturing; origins of Lean Manufacturing and Toyota Production System; Just in Time;

identification and elimination of waste; 7 wastes; Five S; Kanban; Poke-a-Yoke; Kaizen; automation;

standard operating procedures are also practiced.

Problem solving tools and techniques: They can recognize problems and turn it as the source of

opportunity by developing analytical and critical skills. The problem solving tools and techniques; brainstorming; Ishikawa diagrams; decision trees; critical path analysis, value stream mapping help to reduce the

mistakes and issues that is encountered in the processing industry.

Environmental management: With more concern towards environment food processing Industries will try

to bring more environmental friendly practices. The food processing plants now Identify and categorize

waste,waste management (containment, storage) and disposal; waste reduction; water balance; water

management and reduction of use; effluent management and treatment are managed now. Getting a ISO

14000 with environmental audit are must to Industries of future. The concepts of tracking carbon foot

printing & measuring environmental impact are helpful to reduce waste due to logistics & supply chain. 

The main challenge in these industries are Quality and cost and by following the Operationmanagement practices the firms can Improve their Quality of Production without compromising

the cost.