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Arun Bruce
CEO TransformationX, Former MD@BCG.
Arun Bruce is a seasoned professional with a strong background in operations management and supply chain resilience.
He holds a PGDM in General Management from the prestigious Indian Institute of Management Ahmedabad, complemented by a B. Tech in Chemical Engineering from Anna University Chennai.
Arun has held various key roles in reputable organizations, including being the Co-founder & CEO at TransformationX and working across different levels at The Boston Consulting Group (BCG) from Consultant to Partner and Managing Director.
With a wealth of experience in consulting and executive leadership, Arun is a well-rounded expert in driving organizational transformation and operational excellence.
Highlights
I have been attending and presenting at the GPCA Supply Chain conference for 6 years. This event is truly one where the most urgent and important ideas and issues facing the industry are discussed, with finding actionable solutions as the goal.
This year, I look forward to a fruitful discussion on Advanced risk management for new age risks.
Do come by and say hello if you are there. You can secure your delegate pass here : https://lnkd.in/da9Afg9g
#GPCASupplychainconference #supplychainresilience
Why a strong rupee is and has to be the number one priority for India as a country:
A common misconception is that a weak rupee benefits exports, but this belief overlooks the long-term consequences. While initially, a weaker rupee can make exports appealing due to lower labor costs in dollar terms, it sets a course for a problematic cycle : Labour Arbitrage vs. Technology Focus.
A weak rupee tends to encourage a focus on labor-intensive exports rather than technology-driven ones. This emphasis on labor arbitrage can hinder our ability to compete globally in sectors like where technology plays a pivotal role.
Much of today's technology is globally priced, making it essential to have a strong currency for accessing and purchasing advanced technologies. the best textile machines, best maxhine tools, the latest aerospace tech are all priced in dollars. This is crucial for industries such as manufacturing, aerospace, and IT. And to do this you need to have a war chest. You need to fundamentally have stronger buying power which can only happen if your assets become more valuable. And your assets will become more valuable if they are denoted by a strengthening rupee.
So it's as simple as that. This comes back to the thinking of defining economic well-being via the lens of balance sheet and wealth as against only income.
Your thoughts? Who’s rooting for INR to hit 50 to a dollar in the next decade?
#StrongRupee #EconomicGrowth #TechnologyDrivenExports #InvestmentInnovation #GlobalCompetitiveness #BalanceSheetEconomics
