The University of Adelaide has inaugurated the Centre for Sustainable Operations and Resilient Supply Chains (CSORSC).
CSORSC stands as Australia’s pioneer research centre devoted to sustainable operations and resilient supply chains, with a primary focus on propelling the transformation of the nation’s supply chains, the university said in a news release.
Led by Professor Kannan Govindan and Associate Professor Devika Kannan, with support from the University’s Institute for Sustainability, Energy and Resources (ISER), the centre is anchored within the Adelaide Business School under the Faculty of Arts, Business, Law, and Economics.
“CSORSC will provide the know-how for industries and governments to transition to better and greener manufacturing and supply chains which will be more dependable while supporting our net-zero emissions ambitions and the goal of a truly circular economy,” remarked Professor Govindan.
According to the university, supply chain resilience, the ability of businesses to navigate operational disruptions while ensuring uninterrupted product distribution, is at the forefront of CSORSC’s agenda.
Data revealed that global studies estimate that supply chain disruptions cost approximately US $1.6 trillion in revenue growth opportunities annually on average.
In particular, the centre aims to develop end-to-end value chain solutions that minimize environmental impact and enhance competitiveness.
“CSORSC will demonstrate the potential for big data and the digitisation of systems where real-time information will be used to smooth out the bumps of supply, demand, and transportation,” Professor Govindan stated.
The CSORSC also seeks to bolster activities across key sectors including tourism, mining, agriculture, food and wine, renewable energy, defence, space, pharmaceuticals, and medical products.
Associate Professor Kannan highlighted, “The centre will build on this kind of productivity, addressing the challenges faced by policymakers and businesses relating to the sustainable transition into modernised supply chains,”
Moreover, the centre will play a crucial role in nurturing graduate students, upskilling workers, and fostering the careers of researchers dedicated to pushing the boundaries of supply chain optimization.
Professor Govindan and Associate Professor Kannan, distinguished experts in the field, are poised to drive transformative advancements in global supply chains.
“Operations, procurement, and supply chains are crucial to our prosperity and wellbeing,” remarked Associate Professor Kannan.
Situated on the University’s North Terrace campus, CSORSC is primed to spearhead innovation and resilience in supply chain management.
