Herbalife India partners with IIMB to drive sustainable supply chain practices

Herbalife India partners with IIMB to drive sustainable supply chain practices

Herbalife India and Indian Institute of Management Bangalore (IIMB) have partnered to establish a Supply Chain Sustainability Lab, focusing on advancing sustainable supply chain practices through research and development initiatives. The lab aims to empower businesses with practical tools like the Transportation Emission Measurement Tool (TEMT) to minimize carbon footprint. This collaborative effort is paving the way for a greener future in India.

Source: Link

FAQ - Herbalife India and IIMB Partnership

Frequently Asked Questions (FAQ) - Herbalife India and IIMB Partnership

1. What is the recent collaboration between Herbalife India and IIMB?

Herbalife India, a global health and wellness company, has partnered with the Indian Institute of Management Bangalore (IIMB) to focus on sustainable supply chain practices.

2. What is the aim of the Herbalife India and IIMB partnership?

The aim of this partnership is to drive sustainable supply chain practices, potentially through research, development, and implementation of innovative strategies.

3. What will be established as a result of the partnership between Herbalife India and IIMB?

Although not explicitly mentioned in the provided texts, it is common in such partnerships that initiatives like labs, research centers, or collaborative programs could be set up to facilitate the objectives of the partnership. In this case, it is suggested that they might set up a supply chain sustainability lab.

4. Why is the partnership between Herbalife India and IIMB significant?

The partnership is significant because it represents a concerted effort by a corporate entity and an educational institution to enhance sustainability in business practices, which is increasingly important in the global context of environmental concerns.

5. Has there been any indication of layoffs or downsizing by Herbalife India similar to other companies such as Microsoft?

Based on the information provided, there has been no indication or report of Herbalife India laying off employees as part of its partnership with IIMB. The provided links pertain to Microsoft's layoffs which are unrelated to Herbalife India's operations.

Please note that for more specific and detailed information, you would need to access the actual articles or official press releases from Herbalife India and IIMB.

Sources:
- The Hindu Business Line (link)
- The Hindu (link)