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Originally published by Forbes.

The need for supply chains to be more resilient, transparent, and efficient is ever present. Businesses are estimated to be missing out on around $1.6 trillion revenue growth opportunities every year through supply chain vulnerability. It’s why real-time data and AI have become essential tools for optimizing logistics, increasing resilience and improving inventory management.

Look at how Albertsons is improving its demand forecasting using an AI-powered solution. With more accurate and efficient forecasts, the grocer plans to reduce food waste in key categories like fresh meat, seafood, and deli items.

See original article on Forbes and read more about Albertsons Companies and our Recipe for Change on our website.

This story first appeared on Baker Hughes’ Energy Forward Stories.

Earlier this month, Baker Hughes hosted its Annual Meeting 2025.

Baker Hughes Chairman and CEO, Lorenzo Simonelli welcomed a record 2,300 customers and partners from 85 countries to Florence, Italy.

This event, now in its 25th edition, continues to welcome more delegates from the energy sector and beyond. Annual Meeting 2025 hosted guests from industrial sectors such as mining and minerals, marine, aviation and utilities.

The Scale of Global Energy Challenges and Opportunities

As a cohort, participants took stock of today’s scale of the global energy challenges and opportunities.

Demand for energy – including hydrocarbons – is continuing to rise. For example, there are estimates that US utilities will have to boost annual energy generation by up to 26% by 2028 due to technology development and infrastructure requirements.

Ongoing conflicts and geopolitical tensions have resulted in concerns about global energy security strategies, as well as increased scrutiny of some countries’ dependence on hydrocarbons. A rise of nationalism and economic protectionism around the globe is exposing vulnerability in supply chains and trading relationships. Public policy continues to be fragmented across countries and regions. As an example, as of 2024, there are 75 carbon-pricing instruments in operation worldwide, covering 24% of global emissions.

With high energy prices, funding the energy transition and the effects of climate change is a very “hot” topic. In 2024, the IMF cited per capita income in India and sub-Saharan Africa at approximately $2,900 and $1,800 respectively. This contrasts with circa $63,000 in North America and $51,000 in Western Europe. The Global South is shouldering the decarbonization burden, without the economic capacity. Additionally, according to the McKinsey Global Institute, the capital spending needed on physical assets to reach a net-zero transition is estimated at $275 trillion over the next 30 years.

And in 2024, the world population witnessed climate change and extreme weather events. It was the hottest year on record and the first year to breach 1.5C above the average pre-industrial levels. 

Pathway to Sustainable Energy Development

The solution to these challenges is Sustainable Energy Development. The world needs energy today without adversely impacting abundance and availability tomorrow. While protecting the planet for future generations.

But how to do this?

Enable hydrocarbons to meet today’s demands while also making them cleaner and more efficient.Expand energy sources, tapping into every source of energy – natural gas, nuclear, renewables – including geothermal, solar and wind.Use energy responsibly – ensuring infrastructure is efficient, ensuring recycle and reuse as much as possible, ensuring all act responsibly for people and the planet.

This industry’s actions must be nimble, efficient, and scalable across the entire energy ecosystem. 

To make progress at scale in 2025, conversations on the main stage, in the Solutions Fair and the side sessions at the event focused on how to:

Replicate and scale technology innovation that focuses on all sources of energy.Build and integrate solutions with digital as a common language.Establish and leverage partnerships that expand across industries, companies, governments, and NGOs, which support scaling solutions for customers. Partnerships must also enable to localize and scale how to build solutions.

Progress @ Scale Beyond the Energy Sector

Replicating progress at scale from one industry to another is not about reinventing the wheel. The mining, steel, cement, and data center sectors were also examined during the Annual Meeting. As energy access expands to power these critical sectors, low-carbon options and emissions reduction must be prioritized.

Check out this Energy Forward story, highlighting five technology trends to increase efficiency and sustainability in mining.

Discussions on the main stage

Panel discussions on the main stage are available here. They considered how to make progress at scale a reality across industries. 

The panel discussion on Day 1, Decarbonization at Scale: Pathways to Net-Zero in the Energy Sector, explored how achieving net-zero in the energy sector represents one of the most transformative opportunities at present. Success will require bold innovation, cross-sector collaboration, and scalable strategies that address the complexities of decarbonization and drive meaningful change across the entire industry. 

The role of economic research in driving progress at scale in the energy sector was addressed  with Billy Pizer, president & CEO of Resources for the Future. 

And Danny Rice, chief executive officer of NET Power explains what “Progress at Scale” means to him when deploying efficient gas technology across the energy sector.

The world of energy is evolving, with new demands on producers and users to achieve sustainable energy development.

A holistic approach is essential to meet the world’s energy needs in a secure, efficient and affordable manner while minimizing environmental impacts.

The energy industry must continue to push the boundaries of what is possible, harnessing the power of technology, sustainability, and innovation to create a better world for generations to come.

Progress at Scale is not just about doing more – it is about doing more better, transforming innovation into impact that powers the world sustainably and securely.

This is progress at scale.

Wesco proudly announces its official partnership with the U.S. Department of Defense’s Military Spouse Employment Partnership (MSEP), a program within the Department of Defense’s Spouse Education and Career Opportunities initiative. The induction ceremony on Jan. 29, 2025, formally welcomed Wesco into the program.

MSEP is a pivotal initiative that connects military spouses with employers committed to their professional advancement. Since its inception in 2011, MSEP has facilitated the hiring of more than 340,000 military spouses, offering them stable and rewarding career opportunities.

Chris Wolf, Chief Human Resources Officer at Wesco, expressed her enthusiasm for the new partnership: “By joining MSEP, Wesco reinforces its commitment to the military community. We recognize the unique challenges faced by military spouses and are dedicated to providing them with meaningful career opportunities. This partnership not only supports military families, it also strengthens our workforce with talented and resilient individuals.”

Wesco’s involvement in MSEP is part of a broader commitment to the military community. The company also participates in the Department of Defense’s SkillBridge program, which offers service members the chance to gain civilian work experience during their last 180 days of military service. This program bridges the gap between military and civilian careers, providing valuable industry-specific training, apprenticeships, and internships.

Moreover, Wesco supports its veteran employees through the Veteran’s Opportunity Liaison Team (VOLT) business resource group. VOLT is dedicated to fostering programs tailored to the development and well-being of Wesco’s veteran employees, ensuring their success in post-military careers.

By joining MSEP and continuing its robust support of military veterans through initiatives like SkillBridge and VOLT, Wesco exemplifies its comprehensive commitment to the military community. These efforts honor the sacrifices of military families and contribute to a stronger, more resilient workforce.

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About Spouse Education and Career Opportunities

The Defense Department established the Spouse Education and Career Opportunities program to provide education and career assistance to military spouses worldwide, offering free comprehensive resources and tools designed to help spouses meet their career and education goals. Resources include free career coaching services, the My Career Advancement Account Scholarship, the Military Spouse Career Accelerator Pilot and the Military Spouse Transition Program.

About Wesco 
Wesco International (NYSE: WCC) builds, connects, powers and protects the world. Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500® company with approximately $22 billion in annual sales in 2024 and a leading provider of business-to-business distribution, logistics services and supply chain solutions. Wesco offers a best-in-class product and services portfolio of Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions. The Company employs approximately 20,000 people, partners with the industry’s premier suppliers, and serves thousands of customers around the world. With millions of products, end-to-end supply chain services, and leading digital capabilities, Wesco provides innovative solutions to meet customer needs across commercial and industrial businesses, contractors, educational institutions, government agencies, technology companies, telecommunications providers, and utilities. Wesco operates more than 700 sites, including distribution centers, fulfillment centers, and sales offices in approximately 50 countries, providing a local presence for customers and a global network to serve multi-location businesses and global corporations.

For more information, please contact:

Corporate Communications 
Jennifer Sniderman 
Vice President, Corporate Communications 
717-579-6603