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SIOM, Nashik Presents OPEX’24

OPEX (Operational Excellence) Championship 2024 is the perfect cohesion of Business Excellence, Management Excellence and Operations Management that amplifies the spirit of continuous improvement. This event will witness prominent Service, Manufacturing and Supply chain organizations across India showcase their Lean, Six Sigma, Theory of Constraints, Agile and other cutting-edge techniques, ideas, and procedures that have significantly enhanced the effectiveness and efficiency of operations.

We invite the industry to bring forth their initiatives & success stories for the competitions and gain through the intellectual creativity of managers. By honouring the top achievements and disseminating their success stories, this competition will encourage the effective use of transformative operational concepts.

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About the Event

Business transformation and operational excellence have become increasingly strategic, with supply chain practitioners responsible for significant modifications aligned with core business objectives. After back-to-back human and natural disasters, businesses face the reality that difficult operating conditions are the new normal. During these phases, business transformation practitioners have played a significant role in maximizing efficiency, eliminating waste, increasing reliability and lowering operating costs while ensuring that transformation goals align with their organization's goals for future sustenance, growth and scalability. To reflect this change and focus on end-to-end business transformation, SIOM announces OPEX'24 CHAMPIONSHIP to showcase India's Strategic Transformation & Operational Excellence.

Participating companies will demonstrate innovative uses of OpEx tools and techniques for measurable outcomes. To build a habit of excellence in managers, this competition aims at building competencies of problem-solving and decision-making, important skills for business and life with innovative methodologies. In addition, OPEX'24 will promote the successful implementation of management principles by recognizing the best-in-class industries and sharing their stories with others.

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Important Dates

Scan the QR code on the last page to register

Events Dates
Registration along with fees of Rs. 3000 (inclusive of taxes)
per team on or before Scan the QR code on the last page to register
15th Nov, 2023
Last date of Online Submission of presentation (ppts) for Round – 1 15th Nov, 2023
Communication of shortlisted teams for Round – 2 21st Nov, 2023
Online Presentations Round – 2 22nd – 23rd Nov, 2023
Announcement of Finalists for Round – 3 25th Nov, 2023
Opex’24 Event – Final Presentations (Physical mode) 14th Dec, 2023
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Submission Process

Teams should register and submit their entries by online application form using the link - https://forms.gle/5MzkxXoqoQax62798 and by making payment of Registration fees of Rs. 3000 (inclusive of taxes) using the QR Code.

Entries should include the following:
  • 1. Company & Team member details
  • 2. Participation permission letter from senior executive officers/management of the organization
  • 3. Presentation in prescribed format
  • 4. Registration fees per team – Rs, 3000 (inclusive of taxes)
Online application form

Our Themes

OPEX initiatives could be based on any of the following areas

Data-driven digital transformation
  • check Efficiency in processes and use of resources
  • checkCost reduction or containment
  • check Engaged, stable workforce
Sustainable transformation
  • check Operational sustainability
  • checkCircularity initiatives
  • check Reducibility, recyclability, reusability of resources
  • check Energy conservation
Process excellence & continuous improvement
  • check Lean implementation
  • check Six-sigma
  • check Stakeholder engagement and management
  • check Theory of Constraints
  • checkResilience and Reliability
Cyber-physical systems
  • check Modelling and simulation
  • check Digital twin
  • check Industrial automation
  • check Data handling optimisation

Presentations Evaluation Rubric

Innovative ness Problem-Solution fit Management Technique Value addition Generalization Savings Scalability & Sustenance Content & Delivery Q n A
20 20 20 20 20 20 20 20 40