01 May 2023 | News
To create sustainable solutions for organisations and supply chains that will lead to large-scale adoption and subsequent benefits
India’s leading integrated multimodal logistics and supply chain solutions provider Transport Corporation of India (TCI Group), in collaboration with Indian Institute of Management Bangalore (IIMB), launched a new sustainability lab at the IIMB campus on April 28 with a focus on supply chain management.
The TCI-IIMB Supply Chain Sustainability Lab (TCI-IIMB SCSL) will be a one-of-its-kind centre of excellence in sustainable supply chain practices, dissemination and advocacy.
The TCI-IIMB Supply Chain Sustainability Lab plans to conduct research in areas such as decarbonisation, circular economy and sustainable procurement, and publish white papers on sustainable supply chain management topics.
It will also offer consulting services on carbon-related mapping, measurement, mitigation and management. Moreover, it targets to provide certification and assessment services, such as supplier sustainability assessment. It has already initiated research projects, white papers and case studies, and is partnering with other organisations such as WRI India, Herbal Life, etc.
The lab was inaugurated by renowned Indian cardiac surgeon Dr Devi Prasad Shetty, Chairman and Executive Director of Narayana Health and Chairperson, Board of Governors, IIMB, along with DP Agarwal, Chairman of Transport Corporation of India.
Dr Devi Shetty pointed out that Supply Chain is an important foundation on which the development of nations depends. “Our government has made several regulatory changes addressing many hurdles in this domain. However, two issues remain – sustainability – in terms of pollution control and efficiency – in terms of digitalisation, are two key areas that need to be addressed. A lab like the TCI-IIMB Supply Chain Sustainability Lab will fill this gap and come up with brilliant solutions for these issues, while also contributing to bringing down diseases caused by pollution and reducing costs.”
(L-R) Rajkiran Kanagala, Vice President and Group Head, Business Strategy, TCI, Prof. Rishikesha T Krishnan, Director, IIMB, DP Agarwal, Chairman, TCI Group, Prof. Jitamitra Desai, Chairperson, Supply Chain Management Centre, Vineet Agarwal, MD, TCI Group, Dr Aditya Gupta, COO, Supply Chain Management Centre (SCMC) at IIMB, Dr Devi Shetty, Chairman of the Board of Governors, IIMB (On Screen)