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SYMFORUM- Recent development in world trade

The International Club of SCMS NOIDA organized an event titled “SYMFORUM 2.0” consisting of a webinar on the topic “Recent Development in World Trade & Logistics and the road ahead” by Mr. Prachur Shukla, and a rapid-fire Q & A round which was followed by a panel discussion on the topic of Future of world trade in next 12 months. The event was held on 30th of October, 2020 at 09:30 AM in which students of 3rd (Batch 2018-21) & 2nd (Batch 2019-22), from across specialization participated.

Participants of the webinar were thrilled to have Mr. Prachur Shukla, head of HR strategy and projects, Aluminum Bahrain (Alba) as the guest speaker for the event. Mr. Shukla manage HR strategic planning, Manpower planning, OD initiatives, competency mapping etc. for Aluminum Bahrain (Alba) which is one of the largest single site aluminum smelters with over 3000 employees. 

The webinar commenced with the introduction of the speaker. Mr. Shukla began his discussion on the topic of recent developments in the world trade. Mr. Shukla during his lecture discussed various aspects related to International Business, global trade, supply chain as well as logistics management. He talked on length about impact of COVID-19 pandemic on world trade, situation in middle east, Latin America and China. The in-depth conversation covered a lot of essential topics that have been revolving around world trade and have been impacted due to the COVID-19 pandemic. Mr. Shukla, with all his expertise and knowledge, shared his point of view on the changing paradigms of the logistical challenges, the economic environment (from India's point as well as from a global point), the oil pricings and the recovery from the slump that we might expect to witness over the course of the future. Our student panelists too complimented the informative session as well added several of their inputs and points which made this conversation a very fruitful discussion altogether. He was also kind enough to share some of his valuable life experiences with the students.

He also put forward 6 questions from the students and was generous enough to extend a free copy of book to the student with best answer, as a token of appreciation from his side. 

Webinar followed a Question and Answer round, in which students asked different questions as well as resolved some of their queries. This gave them an opportunity to interact with the speaker and express some of their ideas as well.

Q & A round then followed a panel discussion on the topic – Future of world trade in next 12 months, which, 6 of our students, form 2nd as well as 3rd year took part in. 1 minute was reserved for opening statements by the students. They were given additional 3-4 minutes to describe their opinion in length and back their statements with additional information. Towards the end, they were asked to conclude the discussion with closing statements.

This event ended on an extremely pleasant note with a vote of thanks from the I.B. Club to all participants for attending the event and making it a success. Photographs of the events are attached below;