Georgia Tech TIP Center Opens In Costa Rica
Costa Rica is the location of Georgia Tech's newest Trade-chain Innovation and Productivity (TIP) Center. The complex joins the Supply Chain and Logistics Institute in Atlanta and The Logistics Institute Asia-Pacific in Singapore as part of a focused effort to utilize research, innovation and education for increasing trade across borders and making existing trade more productive. With trade across borders becoming increasingly challenging due to varied components owned by diverse enterprises, the TIP Center aims to combine analytics, digital services and supply chain management to address trade-chain productivity. The goal of the TIP Center is to help develop the knowledge, data, analytics and technology necessary to generate and execute trade-chains and to provide education to relevant and potential stakeholders. The TIP Center will initially focus its efforts on three trade domains: food products, high-value electronics and digitized business services. The TIP Center is a joint development of the Supply Chain and Logistics Institute, the School of Industrial and Systems Engineering and the College of Management at Georgia Tech in partnership with PROCOMER and the Chamber of Industries in Costa Rica. The TIP Center will join Georgia Tech in establishing a network of international centers focused on improving existing trade and creating new trade. A private donor provided initial funding for the center to expand Georgia Tech's activities in Central America for the benefit of the Costa Rican economy and scientific community. The center will utilize expertise from Georgia Tech as well as Costa Rican universities along with U.S. and Costa Rican partners in government and industry.