LALIT PANDA, Supply Chain and Digital Transformation Expert, on the Complexity of Global Supply Chains and the Steps to Protect and Improve Company Operations
Defining the term “supply chain” and understanding what a company should control and what to outsource has never been more important to a business. Strategists at the executive and board level face:
- Major global flare ups that threaten inputs
- Huge pools of data to analyze, and
- Increased complexity of logistics as customer preferences develop (almost to the point of irrationality).
LALIT PANDA has spent his career safeguarding, managing, de-risking and optimizing supply chains. He has worked with major companies like Sony and Altria on these problems and joins us today to discuss the challenges and opportunities of in today’s supply chain framework.
Lalit Panda is an Operations and Technology executive with leadership experience across 7 different industries at companies of all sizes that were Public, PE and VC backed. As a Chief Operations Officer or a Chief Information/Digital Officer in global companies he has led digital and operational transformations at scale. Companies where he had roles range from large public companies like Sony and Altria to mid-size firms like Harman, Denon, Tronox etc. and has also been in late stage startups, ranging from consumer products to industrial chemicals and medical devices. He is a blogger and thought leader on supply chain and digital transformation topics which are increasingly becoming important in a world of rapidly changing technology and geopolitical risks. He holds degrees from Massachusetts Institute of Technology, Indian Institute of Management, Ahmedabad and the National Institute of Technology. He co-chairs the programs committee of the Private Directors Association NY/NJ and also of the Technology and Industrial SIGs of The Executive Forum. He lives in Princeton, NJ.
Supply Chain Definition
Planning, Sourcing, Delivery
Making of the Product
Delivery of the Product
Traditional Notions and Recent Shocks
Impact of recent geopolitical
Impact of transportation advances
Impact of recent information technology / logistics management (last mile)
Impact of Covid / Work From Home
What do companies traditionally get wrong?
Strategic Perspective (and Oversight)
Lack of Board Representation