LUMS Supply Chain Executive Club (LSEC) successfully held its annual flagship event Supply Chain Summit 2018 on 28th of April 2018. Over the years, the highlights of the event have been Vantage-a case study competition, Ascension-business strategy simulation and a panel talk by market practitioners.
This year, eleven teams from six different universities of Lahore participated in the competition. The event kickstarted with a panel talk that saw professionals having experience in different sectors of industry namely FMCG, Automobile and Footwear come together and discuss the importance of supply chain in the overall management and execution of the business strategy. The wide experience of the panelists gave the audience a chance to see through how different components of supply chain namely planning, sourcing, storage and logistics come together to bring value for the end consumer and other stakeholders in the value chain.
Ascension-Business Strategy Simulation was carried out by Dr. Muhammad Naiman Jalil who is an Associate Professor at Suleman Dawood School of Business and His professional experiences and academic publications are in supply chain management and management science domains. The simulation on its own and the discussions that took place between the contestants, LUMS MBA students and the Professor were a great value addition for all. After a closely fought competition, the team from Lahore School of Economics won the competition and bagged a prize money of Rs. 20,000 while the runner up team earned a cash prize of Rs. 10,000.
At the end of the event, the lead sponsor of the event JOYLAND arranged for the contestants a fun filled experience at all their amusement centers; namely Joyland Fortress Stadium, Bounce at Emporium and Skating at Packages Mall, Lahore.
The contestants had a great learning experience with many looking forward to attending next year’s event at SDSB LUMS.