TCI and IIM Bangalore Establish the TCI-IIMB Supply Chain Sustainability Lab
#TransportCorporationofIndia #TCIGroup #TCIIIMB #IndianInstituteofManagementBangalore #SupplyChainSustainabilityLab“As a group that believes in knowledge-sharing and uplifting the industry, this is yet another addition to our initiatives that facilitates a culture of collaborative growth and thought leadership. With a continued commitment towards delivering excellence, we believe that this lab will build a community of solvers, by combining research with industry expertise.” - Vineet Agarwal, MD - TCI
May 2023 : India’s leading integrated multimodal logistics and supply chain solutions provider, Transport Corporation of India Ltd. (TCI Group), in collaboration with Indian Institute of Management Bangalore, one of the country’s premier management schools; today, announced the launch of a new sustainability lab at IIMB campus with a focus on supply chain management. This will be a one-of-its-kind centre of excellence in sustainable supply chain practices, dissemination, and advocacy.
The lab was inaugurated by renowned Indian cardiac surgeon Dr. Devi Shetty, Chairman and ED of Narayana Health, and Chairperson, Board of Governors, IIM Bangalore along with the Chairman of TCI Group, DP Agarwal.
The event started with a welcome address by Prof Jitamitra Desai, Chairperson, Supply Chain Management Centre at IIM-Bangalore. Post which, the intent of setting up this lab was covered by Prof. Rishikesha T Krishnan, Director, IIM Bangalore in his speech. Backing it up with on-ground action, Mr. Vineet Agarwal, Managing Director – TCI Group, launched the beta version of a GHG Measurement Tool. This tool named TEMT has a multi-lingual interface, enabling the grass-root level adoption by India’s logistics and supply chain ecosystem. It covers all modes of transportation, i.e., road, rail, air, & sea.
Speaking on the launch, Vineet Agarwal, MD - TCI said, “We are pleased to announce our partnership with Indian Institute of Management at Bangalore for creation of one-of-its-kind Supply Chain Sustainability Lab. As a group that believes in knowledge-sharing and uplifting the industry, this is yet another addition to our initiatives that facilitates a culture of collaborative growth and thought leadership. With a continued commitment towards delivering excellence, we believe that this lab will build a community of solvers, by combining research with industry expertise.”
Commenting on the collaboration, Prof. Rishikesha T Krishnan, Director, IIM Bangalore added, “Evolution is being made in almost all sectors. Our idea of launching the TCI-IIMB lab is to create sustainable solutions for organizations and supply chains that will lead to large-scale adoption and subsequent benefits; advance and disseminate sustainable supply chain management knowledge; conduct research to identify and replicate good practices for sustainable supply chains; and cooperate and coordinate with other organizations with similar aims and objectives within and outside the country.”
About TCI-IIMB Supply Chain Sustainability Lab: TCI-IIMB Supply Chain Sustainability Lab also plans to conduct research in areas such as decarbonization, 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 organizations such as WRI India, Herbal Life, etc.
Link to webpage: https://www.iimb.ac.in/tci-supply-chain-sustainability-lab
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