From correspondents in Tamil Nadu, India, 09:16 PM IST
Loyola Institute of Business Administration (LIBA) one of the leading management institutes in India today signed a Memorandum of Understanding with TAKE Solutions Ltd., a leading international business technology company to launch the Centre of Excellence for Supply Chain Management (SCM).
The Centre of Excellence at LIBA will see the amalgamation of industry thought leaders, domain experts, academicians and technology partners in the SCM arena. The centre will also be the fulcrum from which innovative ideas emerge to change the existing supply chains to value networks.
TAKE Solutions will offer scholarships to one PhD student of LIBA every year in the area of SCM. Further the research activities will be open to all academia and industry professions.
Research and analysis to produce cutting edge solutions to some of the most pressing problems and bottlenecks that leading organizations face today will be conducted. The programme schedule will include ethical supply chain, extending Newsvendor models, unlocking the value of RFID, leveraging the value of information in closed and open loop supply chains, reverse SCM, and contemporary topics such as inventory decision and policy development, time compression, demand amplification, supply chain design and integration, and international supply chain management.
In addition, a Centre of Excellence Laboratory will be set up at LIBA jointly run by TAKE Solutions and LIBA. The lab will develop best practices and advanced algorithms on the existing and emerging supply chain challenges.
“The scope is endless as the Centre will provide solutions that span a multitude of industries and will help organizations rapidly exploit opportunities in ever changing conditions. We had realized the potential for research in this area two years back when we had set up the Centre for Logistics and Supply Chain Management. I am extremely happy that the new Centre of Excellence will augment the existing Centre for Supply Chain Management and further help in bridging the knowledge gap in the area” said Fr. Christie, Director, LIBA.
On the occasion, Mr. Sridharan Sivan, Managing Director, TAKE Solutions Ltd said, “As a company that is focused on Innovation and IP-led product development, the launch of a Centre of Excellence is the next logical step. We wish to increase collaboration with the Industry and Academia and this COE will be a great platform to ideate, re-invent, learn and unlearn. We have had a long and fruitful association with LIBA and this MOU further strengthens our ties as we chart a new roadmap to learning.”
Various white papers, research articles and Managerial Development Programs (MDPs) will emerge out of the Centre of Excellence for Supply Chain Mangament.
Most Recent Comments
View all comments »