IIT Madras and Redington announce strategic alliance to enhance supply chain expertise

Indian Institute of Technology Madras (IIT Madras) has partnered with Redington, a global technology solution provider, to establish the ‘R Srinivasan International Visiting Chair’ dedicated to advancing research in logistics and supply chain management, with a special emphasis on sustainable practices.

A MoU towards establishing this International Visiting Chair Professorship was signed on 9th February 2024 by Prof. V. Kamakoti, Director of IIT Madras, and Prof. J. Ramachandran, Chairman, Redington Limited. This partnership marks a significant stride towards fostering innovation and knowledge exchange in the realms of logistics and supply chain management.

Named in honour of Shri R. Srinivasan, the visionary Founder of Redington Group, the R Srinivasan International Visiting Chair aims to attract leading experts from across the globe to collaborate with faculty and researchers at IIT Madras.

Together, they will dive into critical areas such as supply chain optimization, digital transformation, and sustainable supply chain practices.

Speaking at the signing ceremony, Prof. V. Kamakoti, Director of IIT Madras, said, “Supply Chain is becoming a very important aspect. It has many facets, not only from an economic point of view but security as well. A deep analysis of how a supply chain works is essential if we are to ascertain if a product will be delivered at a specific time during a crisis, among other things.

“Another thing we are looking at is how crucial is India in terms of supply chain. We can ascertain these aspects only through an in-depth analysis of Supply Chain.” he added

The collaboration underscores Redington’s commitment to leveraging technology to facilitate seamless product and service delivery.

With its extensive international footprint and expertise in IT and mobility solutions, Redington brings invaluable insights to the academic landscape, while providing real-world applications for research endeavours.

Speaking on the occasion, Shri R. Srinivasan, Founder, Redington Group, said, “Supply Chain is the subject of serious study in the respective clusters. In India, Supply Chains constitute around 7-10% of their total costs. Post-COVID, and currently because of the various geo-political crises, the globalization of supply chains is under threat.”

” The cost effectiveness of various countries in supply chain is giving way to acquiring as much resources as possible due to security issues. The best example is the case of vaccines during the COVID-19 pandemic. Am sure the incumbent of this Chair will spend time studying this issue.” he added

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