The Centre of Excellence at LIBA will see the amalgamation of industry thought leaders, domain experts, academicians and technology partners in the SCM arena. 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 solutions to some of the pressing problems and bottlenecks that organizations are facing 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.