First Edition of the “Enterprise Innovation Challenge (EIC) – The Digital Supply Chain Imperative” by CoE-IoT-NASSCOM successful

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Source: CoE-IoT-NASSCOM

Brought together all the stakeholders to understand the challenges as well as the opportunities in the supply chain sector

November 2021: K-tech NASSCOM Centre of Excellence (CoE) - IoT & AI in collaboration with the Ministry of Electronics and Information Technology (MeitY) had successfully concluded the First Edition of the “Enterprise Innovation Challenge (EIC) – The Digital Supply Chain Imperative” recently. Conceptualised as an initiative to bring together all the stakeholders to understand the challenges as well as the opportunities in the supply chain sector, it created an enriching experience for all participants. Through discussions on relevant topics, industry experts at the EIC explained how the supply chain industry has undergone a transformation in the past few years. The panellists also deliberated on how organisations are redesigning and realigning their supply chains with the help of technology.

The significance

“The Enterprise Innovation Challenge provides a conducive platform to meet the market demand for quick identification and implementation of solutions through innovation. Initiatives like this are extremely crucial to accelerate innovative solution development & adoption for complex industry challenges through Co-creation,” said Dr. Ajai K. Garg, Director, Scientist, MeitY.

“There is a need for a collaborative approach where the companies can quickly transform themselves through innovations to identify emerging challenges and provide solutions in the new normal. Initiatives like Enterprise Innovation Challenge are the need of the hour to help the enterprises discover and adopt ready-made solutions to speed-up their transformation journey in a faster and low risk manner,” said Sanjeev Malhotra, CEO, NASSCOM Center of Excellence.

The challenge and the winners

The Enterprise Innovation Challenge-Supply Chain also witnessed participants finding out solutions of three pre-identified problem statements provided by the program’s Partners. These three problem statements included the following:

1. Computer vision-based road and driver analytics platform to reduce vehicle breakdown and improve the distribution process compliance and reduce food safety risk – From Jubilant Foodworks.

2. Asset Register through bar code / RFID sensor to capture asset presence / movement across sites – From Diageo India.

3. Analysis and reduction of in-transit breakages by 50% - From Anheuser-Busch InBev.

The winners of the challenge were the following contestants:

Orama Solutions LLP, SiSoc Semiconductor Technologies Pvt Ltd, and Roadcats Tech Solutions Pvt. Ltd.

Get the learnings

The learnings from the ‘EIC- program’ are captured in a report that provides comprehensive and real-time insights on digital supply chains from industry leaders. To download the report and to watch the entire recordings of the Finale session, click on this link: https://www.coe-iot.com/enterprise-innovation-challenge/

Pro MFG was the official media partner for this event.

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