by Saad Ali
Friday 25th February 2005 proved to be another informative and constructive day for the final year students particularly, as they had a chance to hear the director operations YTM, Mr. Nasir Bhalla. The speaker embarked upon the current trade scene with reference to textile and clothing business. He stressed upon the need for Pakistan’s textile industry to encourage innovation and research if it wanted to stay competitive and profitable. The speaker forecasted supply chain management as the biggest challenge in coming years. According to him the time period for the production and shipment of goods would be required to reduce as retailers demand would go up. For example Wal Mart would give 14 days to complete the order, JC penny, 7 days and Target would pick up goods anytime from the factory’s inventory. The lecture followed with some smart and thought provoking questions by the students among whom Ali Raza Merchant, Saad Ali and Ahsan Bari were prominent.