The Indian Institute of Technology Madras has signed an agreement with Redington, a global technology solution provider, to enhance supply chain expertise.
Redington has partnered with the Institute to establish the R. Srinivasan International Visiting Chair dedicated to advanced research in logistics and supply chain management with emphasis on sustainable practices. The institutions signed a memorandum of understanding recently. Institute Director V. Kamakoti and Chairman of Redington J. Ramachandran signed the agreement.
R. Srinivasan was the founder of Redington group. The research will be in critical areas such as supply chain optimisation, digital transformation and sustainable supply chain practices. Mr. Kamakoti said a deep analysis of how a supply chain worked was essential to ascertain if a product would be delivered at a specific time during a crisis.