CII Institute of Logistics launches new courses

Economy Bureau
Posted: Wednesday, Aug 06, 2008 at 0128 hrs IST
Updated: Wednesday, Aug 06, 2008 at 0128 hrs IST

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Chennai, Aug 5: The CII Institute of Logistics, in association with the Indian Institute of Management Materials (IIMM), announced the launch of two new executive development programmes - Strategic Supply Chain in Foreign Trade & Finance (SSCFT) and Retail Supply Chain Management (RSCM) - for SCM professionals and players in manufacturing and retail business.

SSCFT is a eight-day course spread over four weekends starting from September 5. The programme is aimed to benefit senior managers from SCM, faculty members, entrepreneurs from SME (Small and Medium Enterprises) and also senior executives from finance & operations.

RCM is a two-day course planned during mid-October in Mumbai and is open for junior, middle managers in retail supply chain and retail chain stores.

Speaking on the occasion, R Dinesh, core group member of Institute of Logistics said, “the Indian industry spends 13% (Rs 41,000 crore) of its GDP on logistics cost compared to 10-11% prevailing in the US and Europe. There are 45 million personnel involved in logistics industry, he added.

The logistics management will play an important role when global share of US GDP drops from 21% to 18% and India’s rising from 6% to 11% by 2020, said B V Iyer, national president, Indian Institute of Materials Management (IIMM).

On the role of booming retail industry, Sundaram, core committee member of IIMM observed that the Indian retailing sector is at an inflexion point with the huge consumption from young working population.

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