The 10th International Financial Conference (IFC) on Emerging Trends in Corporate Finance and Financial Markets, with the theme - a perspective on financial markets amidst global uncertainties, was inaugurated on October 13, 2022. The decennial edition was inaugurated by Dr S. Devarajan, Sr Vice-president of TVS Motor Ltd and Sr. Vice President of Bangalore Chamber of Industry and Commerce (BCIC).
The keynote address by Dr Devarajan focused on the paradigm shift in management because of technological advancement in manufacturing. Speaking on the need for manufacturing and management of the supply chain efficiently, he discussed Fishbone 7M Diagram (Material, Methods, Machines, Management, Man, Measurement, Mother Nature). He said all 7 M's together would yield positive effects. Dr S Devarajan stressed how the country has been advancing in manufacturing supply chain technologies by citing many examples. Further, he discussed various tools to measure the change in practice in the industry to streamline the process. Dr Devarajan strongly advocated indigenous manufacturing and imparting education wherein manufacturing is equally vital as services.
Speaking on occasion, Dr N.R. Parasuraman, Director, SDMIMD, shared the perspective on how the capital market in India seems bullish, the progressive effect of investing long term, the company's role in managing such risks and the strategies involved.
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