W. P. Carey News | July 14, 2020
In many places around the world supply chain gaps prevent goods from reaching their intended market and the people who need and rely on them. Supply chains include the system of organizations, resources, and activities that move goods to consumers and gaps can create stresses for producers and consumers alike. When these goods are food and medicine, the results can be devastating — even deadly. A large body of research shows that efficient supply chains are crucial to local, regional, and national economic development.
That’s why the United States Agency for International Development (USAID), invested in this new project, via the Building Research and Innovation for Development: Generating Evidence and Training (BRIDGE-Train) program: to advance research, translation – quickly moving research findings into practice with practical solutions – and training in supply chain management (SCM).
With a $15 million investment from USAID, Arizona State University (ASU) is embarking on a catalytic partnership with the Kwame Nkrumah University of Science and Technology (KNUST), and multiple public and private sector partners to establish the Center for Applied Research and Innovation in Supply Chain-Africa (CARISCA). The project brings together faculty expertise in the Department of Supply Chain Management in ASU’s W. P. Carey School of Business and the KNUST School of Business. It’s the largest award in W. P. Carey’s history.