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SUMMER INTERNSHIP POLICY (SIP)

(3RD JUNE-31ST JULY)


COMPANY OVERVIEW
Mission
Outlook Publishing (India) Private Limited is a non-profit
 To provide exceptional value to our customers,
organization that was founded on April 23, 1992. It's a
private, unlisted firm that's categorized as a limited-by- shareholders, employees, and the broader community.
shares corporation.  Create a dynamic workforce of devoted and passionate
employees by continuing to learn and grow them.
The company's authorised capital is Rs 5600.0 lakhs, and
its paid-up capital is Rs 5556.72 lakhs, or 99.22709  Develop ties with our business partners that are
percent. The latest annual general meeting (AGM) of mutually beneficial.
Outlook Publishing (India) Private Limited took place on
 Utilize cost-effective practises to build a successful
September 30, 2017. According to the Ministry of
Corporate Affairs, the company's financials were last corporation.
updated on March 31, 2017. (MCA). Vision

Outlook Publishing (India) Private Limited has been in  To be a high-end multinational corporation with a laser-
the finance business for the past 29 years and is still like concentration on business.
operational.
Values
The Registrar Office in Mumbai (Maharashtra) is where
the company is registered. Windsor, 7th Floor, Off C. S. T.  Integrity
Road, Near Bandra Kurla Complex, Santacruz - East
 Teamwork
Mumbai MH 400098 IN is Outlook Publishing (India)
Private Limited's registered address.  High Achievement
 Outlook Weekly: This is a weekly magazine that
covers all sports, lifestyle, national and international
news, politics, and other topics. This can be considered
a weekly newspaper alternative. In most cases, people
who work 9 to 6 jobs don't have enough time to read the
newspaper. As a result, this magazine can be tailored to
them and made so that they can read the newspaper over
the weekend.
 Outlook Money: This is India's best money magazine,
as well as one of the greatest in the world. It is
published every two weeks and is primarily aimed at
investors.
 Outlook Traveller: It is a travel publication aimed at
people who enjoy travelling and discovering new
destinations, accommodations, and cuisines. It gives a
thorough analysis of the locations, restaurants, and
motels. It can be rented on a monthly basis.
 Outlook Hindi: It is a fortnightly magazine that covers
all the news in the same way as a weekly magazine
does, but in Hindi.
 Outlook Business: It's one of the top business
magazines on the market, and it can be aimed at
corporations or business people.
Phase-I (8th June 2021-24th June 2021)

B2C task

• A sales target of Rs 15,000 was given to be achieved in 15 days with the product
portfolio of Outlook Business, Hindi, Money and Traveler

Phase-II (26th June 2021-25st July 2021)

Task-1 Outlook Supply chain


• Various elements of Supply chain network
• Implement a product-process matrix and formulate a sound purchasing and
supply strategy
• Dyadic and Triadic relationship in Outlook’s supply chain.
• Outsourcing and retaining supply chain elements
Internship Tasks • Design the various elements of a print media company’s supply chain network
from manufacturing to consumer

Task-2 Aggregate planning for Outlook gateways

Task-3 Consider an Outlook magazine group company,

• State the LSC strategy they have undertaken in the aspects of: Operations
Decision, Advantages of their Operation Decision strategy, Corporate strategy,
Retail strategy, supply strategy, list of few strategic suppliers, distribution ,4V
analysis, Operation strategy matrix, competition analysis

Task-4 Determining the EOQ,Holding cost, Setup cost, reorder point and
annual demand to production ratio

Internship Project SIP Project(15th July 2021-31st July)


Understanding the expansion strategies of the supply chain
Supply chain strategies

Supply chain management (SCM) involves the movement of products and services from suppliers to distributors. SCM involves the flow of
information and products between and among supply chain stages to maximize profitability.

The major functions involved in SCM are the procurement of raw materials, product development, marketing, operations, distribution, finance,
and customer services. Customers are an integral part of SCM.

The objective of supply network or SCM is to maximize the overall value. Value is correlated to supply chain profitability. Here, profitability is
the difference between the total revenue generated from the customer and the overall supply chain costs.

Strategies and designing of the supply chain include:

• Deciding on the supply chain structure and the activities each stage of the supply chain will perform
• Selecting a location and capacities of facility
• Deciding on the products that are to be made and the location where they need to be stored
• Choosing the modes of transportation and the source from where the information is to be collected

Supply chain design decisions are long term projects and are expensive to reverse; so the manager must take into account the market
uncertainty.
Global Supply Chain Disruption and Future Strategies
Survey Report 2020
39% and 27% 25%
respectively opt for favors digital solutions or
Operational analytics
The project is based off a secondary and AI/robotics
monitoring tools to gain
more supply chain
research, from the survey conducted technologies visibility and to identify
by Foley & Lardner LLP titled risks.

“Global Supply Chain Disruption


47%
and Future Strategies Survey 2020”
Tools and application
that improve supply 16%
143 experts took part in Foley & chain tracking and are in favour of
Lardner LLP's 2020 Global Supply visibility
Survey implementing
Blockchain and other
Chain Disruption and Future Highlights new technologies to
redefine transactions
Strategies Survey in June and July
2020. Respondents were primarily
from the United States (78 percent)
and Mexico (18 percent) and were
screened for supply chain 15%
management activity at their Manufacture or
organizations. source their services
from India
SUPPLY CHAIN VISIBILITY
 Supply chain visibility (SCV) is the ability to track individual components, sub-assemblies and final products as they travel from
supplier to manufacturer to consumer.

 SCV is enabled by supply chain management technology, which provides near-real-time data about logistics and supply chain
operations. That data helps companies maneuver around inventory shortages, avoid bottlenecks, meet compliance directives and
track products through to delivery.

Goals of Supply Chain Visibility


 The broad goal of SCV is to collect better information about supply chain operations, improve efficiency, reduce risk, boost
customer satisfaction and increase profits. Companies achieve these results via the improved planning, insights and supply chain
execution delivered by supply chain management software.
Implementation of visibility solutions
SUPPLY CHAIN ANALYTICS
Predictive analytics allows organizations to determine optimal inventory levels to satisfy demand while minimizing
stock. 
Forecast models Outliers Models Time series model Classification models Clustering Model

A forecast model is one of the most common While classification and forecast models work While classification and forecast models One of the most common The clustering model takes data
predictive analytics models. It handles metric with historical data, the outliers model works focus on historical data, outliers focus on predictive analytics and sorts it into different groups
value prediction by estimating the values of new with anomalous data entries within a dataset. As anomaly data. The time series model models are classification based on common attributes.
data based on learnings from historical data. It is the name implies, anomalous data refers to data focuses on data where time is the input models. These models The ability to divide data into
often used to generate numerical values in that deviates from the norm. It works by parameter. The time series model works work by categorizing different datasets based on
historical data when there is none to be found. identifying unusual data, either in isolation or in by using different data points (taken from information based on specific attributes is particularly
One of the greatest strengths of predictive relation with different categories and numbers. the previous year’s data) to develop a historical data. useful in certain applications,
analytics is its ability to input multiple Outlier models are useful in industries where numerical metric that will predict trends Classification models are like marketing. For example,
parameters. For this reason, they are one of the identifying anomalies can save organizations within a specified period. used in different marketers can divide a potential
most widely used predictive analytics models in millions of dollars, namely in retail and finance. If organizations want to see how a industries because they customer base based on
use. They are used in different industries and One reason why predictive analytics models are particular variable changes over time, can be easily retrained common attributes. It works
business purposes. For example, a call center can so effective in detecting fraud is because outlier then they need a Time Series predictive with new data and can using two types of clustering –
predict how many support calls they will get in a models can be used to find anomalies. Since an analytics model. For example, if a small provide a broad analysis hard and soft clustering. Hard
day or a shoe store can calculate inventory they incidence of fraud is a deviation from the norm, business owner wants to measure sales for answering questions. clustering categorizes each data
need for the upcoming sales period using forecast an outlier model is more likely to predict it for the past four quarters, then a Time Classification models can point as belonging to a data
analytics. Forecast models are popular because before it occurs. For example, when identifying Series model is needed. A Time Series be used in different cluster or not. While soft
they are incredibly versatile. a fraudulent transaction, the outlier model can model is superior to conventional industries like finance and clustering assigns data
assess the amount of money lost, location, methods of calculating the progress of a retail, which explains probability when joining a
purchase history, time and the nature of the variable because it can forecast for why they are so common cluster.
purchase. Outlier models are incredibly valued multiple regions or projects compared to other
because of their close connection to anomaly simultaneously or focus on a single models.
data. region or project, depending on the
organization's needs. Furthermore, it can
take into account extraneous factors that
could affect the variables, like seasons.
SUPPLY CHAIN SUSTAINABILITY - BLOCKCHAIN
Blockchain for business uses a shared
and immutable ledger that can only be
accessed by members with permission.
Network members control what
information each organization or
member may see, and what actions each
can take. Blockchain is sometimes called
a “trustless” network — not because
business partners don’t trust each other,
but because they don’t have to.

This trust is built on blockchain’s


enhanced security, greater transparency,
and instant traceability. Beyond matters
of trust, blockchain delivers even more
business benefits, including the cost
savings from increased speed, efficiency,
and automation. By greatly reducing
paperwork and errors, blockchain
significantly reduces overhead and
transaction costs, and reduces or
eliminates the need for third parties or
middlemen to verify transactions.
THANK YOU

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