Allcargo Group, an India-born global logistics conglomerate, conceptualized LogicOn, a one-of-its-kind case study competition focused on the logistics industry, for management students, with its knowledge partner IIM MUMBAI (formerly NITIE). Among the seven teams that made it to the final after going through a series of rigorous assessment rounds, Team Marines from S. P. Jain Institute of Management and Research, Mumbai (1st year), and Team CogniKnights from IIM Bangalore (2nd year) were adjudged winners.
Team LogicAll Innovators from IIM Mumbai (1st year) and Team Deming from IIM Kashipur (2nd year) emerged as runners-up. The LogicOn jury, drawn from academia and industry, evaluated the case study presentations on business understanding, quality of research, innovativeness, and implement ability of solutions.
The winners of LogicOn received handsome cash prizes and will stand a chance to secure summer internships, idea incubation opportunities and pre-placement interviews at the Allcargo Group.
LogicOn focusses on the logistics industry with a view to spot bright talent, nurture them and find innovative solutions for real-life logistics challenges. LogicOnwas launched on the talent engagement and hiring platform, Unstop. In its inaugural edition, LogicOn has already garnered over 1.4 million impressions and 7000+ registrations, representing 800 teams. In addition, 73 percent of the registrations are from institutions such as the IIMs, IMTs and NMIMs and 36 percent of the LogicOn participants are female.
Congratulating the LogicOn winners, Shashi Kiran Shetty, chairman of board of governors, IIM Mumbai and chairman & founder, Allcargo Group, said, “Logistics industry is the key growth driver for the Indian economy and depends on a richer talent pool to build its strength and competencies. LogicOn aims to develop a vibrant and merit-driven talent pool and enhancing Logistics as an attractive career option. The response from across management schools has been overwhelming. Key business issues presented as case studies by Allcargo Group have been debated by the bright minds to generate innovative solutions. The success of LogicOn opens a new chapter for industry and academia collaboration. IIM Mumbai has provided its expertise to make LogicOn a success and an excellent model for identifying next-big ideas and future leaders”.
Prof. Manoj Tiwari, director, IIM Mumbaisaid, “LogicOnpresents an opportunity to the bright young minds of management institutions to engage with the logistics industry and chart rewarding career paths. The platform has instilled the confidence among the young leaders to address complex logistics challenges. Our partnership with Allcargo Group in organising LogicOnwill foster a culture of innovation and excellence among the young management aspirants”.
This year, LogicOn participants competed for the top spots by submitting case studies on three topics-Digitisation Opportunities for ECU Worldwide, Advancing Allcargo Terminals’ Container Freight Station Business and Minimizing DEPS (Damage, Extra, Pilferage, Shortage) in express distribution business for Gati.