Tag: 3BL

NEW HAVEN, Ct., October 30, 2024 /3BL/ – New Reach, Inc. of New Haven has received a $300,000 Community Impact Grant from KeyBank Foundation. The grant will provide funding over three years to support the FISH hunger-fighting initiative, a program serving Greater New Haven that delivers healthy groceries to residents who are homebound due to age or health-related mobility limitations. Merged in 2023 with New Reach, a leading agency in interventions for homelessness, FISH is the only resource in the area dedicated exclusively to ensuring food security for people who cannot utilize traditional pantries. KeyBank’s funding will be used to stabilize FISH operations, supporting existing personnel costs and core operating expenses, while also enabling leadership to explore avenues to optimize and sustain the program for the long-term benefit of the population served.

“I want to extend our deepest gratitude to KeyBank for their incredibly generous donation to FISH, our food security program,” said New Reach CEO Kellyann Day. “Their support not only helps to provide essential resources to those in need but also strengthens our mission of ensuring that no one in our community goes hungry. This donation will make a real, lasting impact, and we are truly thankful for their commitment to creating positive change.”

New Reach strives to make homelessness and hunger a rare, brief, and one-time experience for everyone it serves. As a leader in Connecticut, the agency has been providing innovative interventions and supportive services to people in crisis for the last 34 years. New Reach serves over 5,000 adults and children annually in Greater New Haven and Fairfield County through a broad spectrum of prevention, crisis, and housing programs. Last year, New Reach added FISH to its organization, a nonprofit focused on food security that had become an institution in the New Haven area over its 55 years of service. The merger has enabled FISH to benefit operationally from New Reach’s infrastructure, including administrative support, quality assurance, and fundraising efforts. FISH serves over 1,200 residents from more than 800 households each month, including elderly persons and young children.

“KeyBank Foundation focuses on improving lives in the communities that our bank serves by partnering with nonprofits who create safe, healthy, affordable, inclusive communities,” said KeyBank Market President Matthew Hummel. “We share New Reach’s vision to create access to affordable housing, nutritious food, and other basic services that residents need to be healthy and self-sufficient.”

KeyBank Foundation grants are part of a $40 billion commitment for lending and investments across Key’s national footprint established in 2017 and supporting affordable housing and community development projects, home, and small business lending in low- and-moderate income communities, and philanthropic efforts targeted toward education, workforce development, and safe, vital neighborhoods. For more information, visit www.Key.com/Foundation.

About New Reach Inc. and FISH, A Program of New Reach

New Reach is the entry point to an integrated system of care, providing a solution-oriented process with the goal of achievable and sustainable results. The multifaceted organization offers eviction prevention, shelter diversion, shelters for women and children, FISH, rapid rehousing, supportive housing, and affordable housing. New Reach attributes its success to its best practice model, commitment to long-term impact, strategic planning, and dedicated staff, all working together toward the mission to inspire lasting independence for all affected by homelessness and poverty through a continuum of housing and support, using the most innovative, progressive, equitable and inclusive methods.

FISH, previously FISH of Greater New Haven, operated for 55 years as a standalone community organization. Its mission-driven work was refined to a food security focus under a pantry model for the last 30 years, evolving over time in response to the growing need for a delivery system to serve mobility-compromised homebound clients. FISH credits its success to its resourceful staff and dedicated volunteers. Every month, over one hundred people give their time to assist the program team with preparing packages of groceries and making home deliveries. With the merger officially integrating FISH as a program, New Reach is committed to ensuring that the operation continues to deliver the vital service that clients have come to count on, providing food security and promoting wellbeing within the community.

About KeyBank Foundation: 
KeyBank Foundation serves to fulfill KeyBank’s purpose to help clients and communities thrive, and its mission is to support organizations and programs that prepare people for thriving futures. The Foundation’s mission is advanced through three funding priorities – neighbors, education, and workforce – and through community service. To provide meaningful philanthropy that transforms lives, KeyBank Foundation listens carefully to understand the unique characteristics and needs of its communities and then backs solutions with targeted philanthropic investments. KeyBank Foundation is a nonprofit charitable foundation, funded by KeyCorp.

About KeyCorp/KeyBank 
KeyCorp’s roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $190 billion at September 30, 2024. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.

Media contacts: 
New Reach: Sheridan Robles, Development, Marketing & Communication Officer| 475-480-4016 | srobles@newreach.org 
KeyBank: Karen Crane, Communications Manager | 203-789-2752 | karen_crane@keybank.com

NEW HAVEN, Ct., October 30, 2024 /3BL/ – New Reach, Inc. of New Haven has received a $300,000 Community Impact Grant from KeyBank Foundation. The grant will provide funding over three years to support the FISH hunger-fighting initiative, a program serving Greater New Haven that delivers healthy groceries to residents who are homebound due to age or health-related mobility limitations. Merged in 2023 with New Reach, a leading agency in interventions for homelessness, FISH is the only resource in the area dedicated exclusively to ensuring food security for people who cannot utilize traditional pantries. KeyBank’s funding will be used to stabilize FISH operations, supporting existing personnel costs and core operating expenses, while also enabling leadership to explore avenues to optimize and sustain the program for the long-term benefit of the population served.

“I want to extend our deepest gratitude to KeyBank for their incredibly generous donation to FISH, our food security program,” said New Reach CEO Kellyann Day. “Their support not only helps to provide essential resources to those in need but also strengthens our mission of ensuring that no one in our community goes hungry. This donation will make a real, lasting impact, and we are truly thankful for their commitment to creating positive change.”

New Reach strives to make homelessness and hunger a rare, brief, and one-time experience for everyone it serves. As a leader in Connecticut, the agency has been providing innovative interventions and supportive services to people in crisis for the last 34 years. New Reach serves over 5,000 adults and children annually in Greater New Haven and Fairfield County through a broad spectrum of prevention, crisis, and housing programs. Last year, New Reach added FISH to its organization, a nonprofit focused on food security that had become an institution in the New Haven area over its 55 years of service. The merger has enabled FISH to benefit operationally from New Reach’s infrastructure, including administrative support, quality assurance, and fundraising efforts. FISH serves over 1,200 residents from more than 800 households each month, including elderly persons and young children.

“KeyBank Foundation focuses on improving lives in the communities that our bank serves by partnering with nonprofits who create safe, healthy, affordable, inclusive communities,” said KeyBank Market President Matthew Hummel. “We share New Reach’s vision to create access to affordable housing, nutritious food, and other basic services that residents need to be healthy and self-sufficient.”

KeyBank Foundation grants are part of a $40 billion commitment for lending and investments across Key’s national footprint established in 2017 and supporting affordable housing and community development projects, home, and small business lending in low- and-moderate income communities, and philanthropic efforts targeted toward education, workforce development, and safe, vital neighborhoods. For more information, visit www.Key.com/Foundation.

About New Reach Inc. and FISH, A Program of New Reach

New Reach is the entry point to an integrated system of care, providing a solution-oriented process with the goal of achievable and sustainable results. The multifaceted organization offers eviction prevention, shelter diversion, shelters for women and children, FISH, rapid rehousing, supportive housing, and affordable housing. New Reach attributes its success to its best practice model, commitment to long-term impact, strategic planning, and dedicated staff, all working together toward the mission to inspire lasting independence for all affected by homelessness and poverty through a continuum of housing and support, using the most innovative, progressive, equitable and inclusive methods.

FISH, previously FISH of Greater New Haven, operated for 55 years as a standalone community organization. Its mission-driven work was refined to a food security focus under a pantry model for the last 30 years, evolving over time in response to the growing need for a delivery system to serve mobility-compromised homebound clients. FISH credits its success to its resourceful staff and dedicated volunteers. Every month, over one hundred people give their time to assist the program team with preparing packages of groceries and making home deliveries. With the merger officially integrating FISH as a program, New Reach is committed to ensuring that the operation continues to deliver the vital service that clients have come to count on, providing food security and promoting wellbeing within the community.

About KeyBank Foundation: 
KeyBank Foundation serves to fulfill KeyBank’s purpose to help clients and communities thrive, and its mission is to support organizations and programs that prepare people for thriving futures. The Foundation’s mission is advanced through three funding priorities – neighbors, education, and workforce – and through community service. To provide meaningful philanthropy that transforms lives, KeyBank Foundation listens carefully to understand the unique characteristics and needs of its communities and then backs solutions with targeted philanthropic investments. KeyBank Foundation is a nonprofit charitable foundation, funded by KeyCorp.

About KeyCorp/KeyBank 
KeyCorp’s roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $190 billion at September 30, 2024. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.

Media contacts: 
New Reach: Sheridan Robles, Development, Marketing & Communication Officer| 475-480-4016 | srobles@newreach.org 
KeyBank: Karen Crane, Communications Manager | 203-789-2752 | karen_crane@keybank.com

In 2023, we strengthened our commitment to fighting hunger in Bangalore, India, through our partnership with the Bangalore Food Bank. Our efforts included various initiatives that collectively aimed to empower and support the local community.

Throughout FY2023, our employees contributed more than 100 hours of volunteer time at eight events with the Bangalore Food Bank. These efforts demonstrate our commitment to empowering and supporting our people, families, and communities by providing the necessary resources to help them thrive.

As part of our annual “Produce for Hunger” initiative held in October 2022 on World Food Day, we donated 1.1 tons of food to low-income schools and communities in Bangalore, India. 

Our culinary team conducted knowledge-sharing sessions at a local non-profit school for hospitality, empowering underprivileged young adults in Bangalore with skills for food industry careers. We also championed the Bangalore Food Bank’s School Kitchen Garden Program, teaching children about sustainable gardening and the farm-to-fork journey, fostering a deeper understanding of food security in the community.  

Our decade-long partnership with the Bangalore Food Bank reflects our commitment to helping local communities thrive through continuous support and innovative solutions.

Our Sustainability Journey 
At Griffith Foods, we are committed to driving positive impact through a regenerative mindset. Sustainability is connected to everything we do as a business, and by 2030, we are dedicated to significantly improving the future with a singular sustainable business strategy that we call our 2030 Aspirations. To learn more about Griffith Foods and its current sustainability efforts, visit them online and download the 2023 Sustainability Report. 

About Griffith Foods 
At Griffith Foods, our purpose defines who we are, what we do, and why we exist, highlighting what makes us distinct and authentic in the marketplace. We help our partners meet the evolving needs and desires of consumers in ways that respect and sustain the planet. Our care and creativity mean we’ll find the right mix of global reach and local impact to serve the earth and nourish all of us who call it home.

View original content here.

Philanthropy

Not surprisingly, the good our company does begins with our employees. Our employees embrace SAIC’s legacy of community involvement and philanthropy. Giving both their time and money, our employees volunteered 29,000 hours in FY24, an increase of 10% over the previous year and almost 40% over FY22.

SAIC Foundation 

A key component of our culture and at the core of our commitment to our employees is the SAIC Foundation, a public 501(c)(3) organization that addresses unforeseen financial impacts on our employees and their families. The SAIC Foundation helps employees and their dependents by providing emergency funds when they experience financial hardships or when natural disasters arise. Since its inception in 2020, the Foundation has awarded grants equivalent to more than $280,000 in direct support to our employees.

Community Partnerships 

SAIC serves the communities in which we live and work through our lasting relationships with community partners. We primarily contribute to our four focus areas: military and veteran resiliency, STEM education, community wellness and diversity. We added a diversity and inclusion focus this year as diverse and inclusive companies are more innovative and deliver stronger business results.

ESG Mission 

Deliver SAIC business and stakeholder value through ESG by pursuing new business opportunities; practicing environmental stewardship, social responsibility and workforce engagement; and managing risk with a focus on increased transparency, comprehensive performance measurement and overall accountability to ensure SAIC’s sustainable future.

Learn more in SAIC’s 2024 Corporate Responsibility Report

October 29, 2024 /3BL/ – Bath & Body Works was recognized today as one of the best workplaces in America for career growth by the American Opportunity Index. The ranking measures how effective companies are at developing talent to drive business performance and advance individual careers. This is the second consecutive year Bath & Body Works has been recognized on the Index.

The American Opportunity Index is based on a comprehensive data analysis of the career trajectories of more than five million employees at 395 of America’s largest companies. The Index measures how well firms promote, pay, hire and retain their employees based on a five-year period. It is a joint project of the Burning Glass Institute, Harvard Business School’s Managing the Future of Work Project and the Schultz Family Foundation.

This year, Bath & Body Works ranked within the top 100 of the hiring and promotion Index categories. The hiring category measures how well companies hire people without degrees and with little experience. The promotion category ranks companies based on how well companies move their employees up and prepare them for future roles.

“Our associates are the foundation of our brand and its success,” says Deon Riley, Bath & Body Works’ Chief Human Resources Officer. “We strive to be a place where our associates want and choose to be every day, and that’s why we’re passionate about investing in their future — both professionally and personally. We are committed to providing valuable growth opportunities because we believe that when people feel valued and empowered to be successful, we can continue to grow as a stronger, smarter business.”

To further support its associates’ personal and professional growth, Bath & Body Works recently launched ‘Investing in you,’ a dynamic suite of programs and benefits which offers educational opportunities, tuition reimbursement options and financial stability resources to support career advancement and overall well-being. These benefits are available to all eligible U.S. associates across its stores, distribution centers and home office.

Learn more about Bath & Body Works’ commitment to its associates and culture at bbwinc.com.

ABOUT BATH & BODY WORKS

Home of America’s Favorite Fragrances®, Bath & Body Works is a global leader in personal care and home fragrance, including top-selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. Powered by agility and innovation, the company’s predominantly U.S.-based supply chain enables the company to deliver quality, on-trend luxuries at affordable prices. Bath & Body Works serves and delights customers however and wherever they want to shop, from welcoming, in-store experiences at more than 1,870 company-operated Bath & Body Works locations in the U.S. and Canada and more than 490 international franchised locations to an online storefront at BathandBodyWorks.com.

Southern Company

Hurricane Helene made landfall on the Florida Gulf Coast on the evening of Thursday, September 26 as a Category 4 hurricane, bringing 140 mph winds and flooding rains as it moved north into Georgia.

The storm left catastrophic damage in its wake. For Georgia Power, Hurricane Helene was the most destructive storm in the company’s 140-year history.

Immediate and unwavering response

The Southern Company system sprang into action, demonstrating an unparalleled commitment to restoring service and aiding affected communities. By October 7, Georgia Power had restored service to 99% of the nearly 1.5 million customers impacted by the storm. This monumental effort involved more than 20,000 personnel, including teammates from Alabama Power, Mississippi Power and numerous other companies.

The damage was so severe in places that entire sections of the power grid had to be rebuilt. In total, Helene damaged or destroyed more than 8,300 power poles, 350 transmission structures and 4,500 transformers. More than 1,000 miles of power lines were restored.

Atlanta Gas Light (AGL), with support from teammates from Virginia Natural Gas, safely completed nearly 1,000 emergency leak calls across the final four days of September. That figure represents more calls than AGL received in the first four months of 2024 combined.

Coordinated and innovative efforts

Crews worked tirelessly around the clock, employing various methods to tackle the extensive damage. Teams on the ground navigated through fallen trees, broken power poles, flooded streets and downed lines, while aerial units and watercraft provided critical support. Specially equipped helicopters removed trees from transmission lines, drones assessed damage and made repairs from the air, and Marsh Masters navigated swamps and wetlands.

A heartfelt thank you to all who helped

Kim Greene, chairman, president and CEO of Georgia Power, shared her reflections on the devastation and the company’s response:

“Hurricane Helene brought unprecedented damage to Georgia Power’s service areas, affecting countless communities, customers and our fellow teammates. The hard work of our employees and their unwavering commitment to our communities have been nothing short of inspiring, and I am confident we will emerge stronger and more united than ever.”

This was a historic storm that required an unprecedented response and coordination from many teams across Georgia. State leaders, including Gov. Brian Kemp, the Georgia Emergency Management Agency and other state agencies, members of the Georgia Public Service Commission, as well as members of the Georgia legislature and its leadership, alongside local county commissioners, mayors, first responders, law enforcement and countless others continue to be incredible partners.

“For your kindness, compassion, and patience, thank you to our Georgia Power customers, communities, employees and partners. More than ever, I am proud to be a Georgian, proud to be a part of this team, and grateful to be a part of this community. Our road to recovery may be long, but we are here for Georgia, and we are here for you,” Greene added.

Preparation and industrywide support

In the days ahead of Helene’s landfall, Georgia Power’s advance planning and strategy were crucial to restoration efforts. The company pre-positioned 10,000 restoration workers, equipment and supplies near areas of anticipated impact, ensuring a rapid response once weather conditions allowed. Southern Company Executive Vice President of Operations and President and CEO of Southern Company Services, Stan Connally, also coordinated efforts between industry executives and government leaders to ensure an effective and efficient response.

Support for our communities

As Georgia continues to rebuild, Southern Company remains steadfast in its commitment to being a citizen wherever it serves.

The Southern Company, Georgia Power and Southern Company Gas charitable foundations collectively donated $3 million to aid Hurricane Helene relief efforts. These funds were allocated to local charities, the American Red Cross and community recovery efforts.

To further assist customers, Georgia Power suspended disconnections, waived eligible late fees and paused collection activities through Dec. 15, 2024. Atlanta Gas Light also suspended shutoffs for customers in affected areas.

“At Southern Company, our commitment to our communities is unwavering. In the face of Hurricane Helene’s unprecedented destruction, we stood together, offering our resources and support to those in need. We will continue to be a pillar of strength and resilience for all those affected,” said Chris Womack, Southern Company chairman, president and CEO.

New Holland Construction, a brand of CNH introduces the all-new E90D midi excavator. Powered by a robust 73-horsepower engine, the E90D boasts the highest horsepower in its class, setting a new standard for power, and efficiency in midi excavators.

“We are excited to unveil the E90D midi excavator, a machine that not only delivers superior horsepower but also emphasizes versatility, customization and safety,” says Dan Kakareka, product manager for New Holland Construction North America. “With features designed for the modern operator, the E90D is equipped to handle a wide range of applications, making it an indispensable tool for any job site.”

Designed to be cost-effective, the E90D midi excavator boasts a fuel consumption rate of just 2.5 gallons per hour. This efficiency, combined with a substantial 42 gallons per minute auxiliary hydraulic flow, positions the E90D as a powerful yet economical choice for contractors.

“When operators jump into the cab of the E90D, they will quickly discover why it stands out in the midi excavator category—delivering quality, comfort and performance that is second to none,” Kakareka states.

As the first chemical officer to serve as the Army inspector general, Lieutenant General Leslie C. Smith is widely respected for his approach to leadership rooted in the Army’s core values. Drawing from nearly 40 years of experience leading complex organizations and commanding military operations, Lieutenant General Smith will share what it means to be a fearless and compassionate servant leader. Gain invaluable insights on decision-making, risk management and accountability.

Join PNC for this special event honoring Veterans Day and Military Family Month. 

Wednesday, November 20, 2024

1–2 PM ET | 12 CT | 11 MT | 10 PT

REGISTER NOW

Presenter 

Lieutenant General (LTG) Leslie C. Smith, US Army (retired) currently serves as the Vice President for Leadership and Education, Association of the United States Army, the Carter Chair for leadership at Parker College of Business – Georgia Southern University, director on several corporate boards and the CEO for LV Smith consulting Group LLC. LTG Smith received his commission from Georgia Southern University (GSU) in 1983 as a Field Artillery Officer. In 1985, he graduated from GSU with a bachelor’s degree in accounting and as a distinguished military graduate and branched as a Chemical Officer. 

LTG Smith’s final assignment on active duty from 2018 to 2021 was as The Inspector General, Office of the Secretary of the Army, the first Chemical officer to serve in that position. As a general officer his assignments included the 25th Chief of Chemical and Commandant of the United States Army Chemical, Biological, Radiological, and Nuclear School, Commanding General 20th Support Command (CBRNE) (responsible for leading Explosive Ordnance disposal and CBRN Soldiers in 15 states and 3-5 countries, the commanding general the United States Maneuver Support Center of Excellence and Fort Leonard Wood, the first chemical officer to do so. 

LTG Smith holds a Master of Science degree in administration from Central Michigan University and a Master of Arts degree in national security strategy from the National Defense University. He is married to Vanedra, they have two grown daughters one serving as an art director in Austin and the other who is 2018 GA southern graduate and graduated in May 2024 from Howard Medical school.

Opening Remarks 

Stacy M. Juchno is executive vice president and the general auditor for The PNC Financial Services Group. She is responsible for all aspects of the internal audit function providing assurance on the effectiveness of PNC’s risk management, control and governance processes to the audit committee and board of directors. Juchno is the executive leader of the PNC Military Employee Business Resource Group and a member of the PNC Foundation board of directors. 

Juchno serves on the board of directors and finance committee of the Veterans Leadership Program. She is the vice chair on the board of directors of the United Way of Southwestern Pennsylvania and is on the United way Women’s Leadership Executive Council. She services on the American Heart Association Heart Walk Executive Leadership Team and is the co-chair of Executive with Hearts. In addition, Juchno serves on the advisory council for the Humane Animal Rescue and serves as the chair of the Finance and Audit Committee, as well as the board of trustees at Gannon University. 

Juchno is a certified public accountant and a graduate of Gannon University (Erie, PA).

Moderator 

Ryan Smalley is an executive vice president and Chief Operational Risk Officer at The PNC Financial Services Group. As a risk domain leader within Independent Risk Management, he is accountable for oversight and challenge of operational risks across the enterprise. 

In his previous role, Smalley served as PNC’s Chief Information Security Officer (CISO) and PNC Technology’s first line risk executive. Prior to joining PNC in 2011, Smalley spent 6 years within the Federal sector of IBM’s Global Business Services supporting the Central Intelligence Agency and the National Geo-spatial Intelligence Agency among others. Previously, he served over ten years as a Naval helicopter pilot including a tour in Iraq and a counter-narcotics tour with Special Operations in Central America. 

Smalley is an adjunct professor at Carnegie Mellon University’s Heinz college where he teaches courses on IT processes, business leadership, and enterprise architecture. He earned an MBA degree at Georgetown University, and an undergraduate degree from the United States Naval Academy in Annapolis, MD. 

Closing Remarks

John Urban is a vice president and Business Strategy and Analytics Senior Manager at the PNC Financial Services Group. He leads a team focused on strategic and process improvement initiatives within PNC Private Bank. Urban also serves as President for PNC’s largest Military Employee Business Resource Group chapter. 

In a previous role Urban acted as Program Manager within PNC’s Technology and Innovation organization, supporting PNC’s adoption of Agile practices. Prior to joining PNC in 2016, Urban served ten years as a Marine Corps infantry officer. His service included two overseas deployments to Afghanistan. 

Urban is a graduate of The George Washington University in Washington, D.C.

As global supply chains continue to grapple with unprecedented challenges, the industry is being tested like never before.  DP World and Supply Chain Dive’s studioID survey-driven report “Supply Chains Prepping for a Greener, More Agile Future” underlined the nature of these concerns. The report indicated that market variability, limited capacities for rapid adaptation and Environmental, Social and Governance (ESG) all top the list of concerns for logistics leaders.

Disruptions from geopolitical tensions are exacerbating supply shortages and inflating costs, while extreme weather events, ongoing cyber threats, and labor shortages compound the crisis. Natural disasters, from wildfires to floods, have delayed shipments, while regulatory pressures around sustainability and compliance continue to mount. These obstacles have had devastating consequences, causing delays, price surges, and operational inefficiencies that threaten the stability of even the most robust supply chains. 

With such a perfect storm of risks, the question remains: How can supply chains future-proof themselves against these escalating threats and ensure resilience in the face of relentless disruptions?

Leveraging AI and Emerging Technologies

Deploying generative AI (GenAI) effectively throughout supply chains is key. According to Gartner Inc., GenAI is projected to power 25% of logistics Key Performance Indicators (KPIs) by 2028, helping companies automate and optimize everything from demand forecasting to route planning. By leveraging GenAI and machine learning, supply chains can analyze massive data sets, predict disruptions, and enhance decision-making. As McKinsey notes, during the pandemic in China, Nike used predictive-demand analytics and radio frequency identification (RFID) technology to reroute inventory and mitigate sales losses caused by store closures.

Building Resilience through Supplier Diversification

Diversifying supplier networks enables companies to mitigate risks from geopolitical conflicts, natural disasters, and supply shortages. The rise of nearshoring and friend-shoring, where businesses align with trusted partners in more stable regions, is helping to reduce reliance on single suppliers and vulnerable regions. For example, after the 2011 earthquake in Japan, Orkestra notes that Toyota revamped its supply chain, diversifying its suppliers to recover more quickly from subsequent disasters. According to a McKinsey survey, 60% of companies responding now report comprehensive visibility into their tier-one suppliers, though visibility into deeper tiers remains a challenge.

Strategic Inventory Management and Buffer Stocking

Strategic inventory management is another critical innovation that helps supply chains withstand disruptions. The just-in-time (JIT) model many companies relied on before the pandemic has proven vulnerable, leading to a shift toward maintaining buffer stock at critical points in the supply chain. For example, in response to tariffs and supply chain uncertainties, importers of semiconductors and electric vehicles have begun stocking up earlier to avoid shortages and manage costs more effectively (KPMG). While maintaining higher inventory levels can increase costs, it also ensures that companies can continue operations during supply shortages or price surges, helping to future-proof their supply chains against unexpected disruptions.

End-to-End Digital Integration for Real-Time Visibility

Digital integration across the entire supply chain is becoming essential for businesses aiming to improve operational efficiency and reduce risks. By connecting every link in the chain—from procurement to distribution—companies can achieve real-time visibility and anticipate disruptions before they escalate. Predictive analytics and Internet of Things (IoT) sensors provide insights into potential delays, allowing businesses to optimize routes and inventory levels. For instance, companies that have embraced integrated systems can track shipments in real-time, adjusting to tariff changes or natural disasters without significant delays. Moreover, businesses that adopt digital technologies to improve visibility and dynamic operations, as Capgemini observes, experience faster response times and more efficient supply chain management.

Sustainability and Circular Supply Chains

With rising ESG pressures, supply chains are increasingly focusing on sustainability initiatives. According to Xeneta, in Q1 2024, the global Carbon Emissions Index hit an unprecedented 107.5 points, an increase of 15.2% from 2023. In response, companies are adopting low-carbon carriers and sustainable procurement practices. Companies are also investing in green and circular supply chains, ensuring that sustainability is embedded across the entire value chain. For instance, according to McKinsey, following the implementation of digital twins to optimize energy consumption and reduce waste over the past decade, Henkel has cut energy use by 40% and waste by 20%.

By embracing these innovative approaches—AI, supplier diversification, strategic inventory management, digital integration, and sustainability—companies can future-proof their supply chains against the complex and evolving challenges of the global market. Each of these strategies not only mitigates risks but also enhances operational efficiency, positioning businesses for long-term success in an increasingly volatile world.

To learn more about how supply chains are preparing for a greener, more agile future, click here. You can download a copy of DP World and Supply Chain Dive’s studioID report “Supply Chains Prepping for a Greener, More Agile Future” by clicking here.

October 29, 2024 /3BL/ – E+E Leader is thrilled to announce the call for entries for the 2025 E+E Leader Product & Project Awards, an esteemed annual program celebrating companies that demonstrate industry leadership and innovation in sustainability, energy efficiency, and corporate social responsibility.

With a respected panel of more than two dozen industry experts serving as judges each year, the E+E Leader Awards offer unparalleled recognition for forward-thinking companies dedicated to advancing impactful energy and environmental initiatives within their organizations.

Companies with breakthrough products, solutions, and projects are encouraged to enter for a chance to be named a 2025 E+E Leader Award winner.

This year, the awards celebration will feature live winner announcements from April 1-3, 2025, in Orlando, Florida, co-located with NAEM’s TECH25 and OPEX25 conferences. Join industry peers to celebrate, network, and showcase your sustainable innovations.

Why Enter the E+E Leader Product & Project Awards?

Elevate Your Company Profile: Gain recognition as a leader in your category.Engage with Peers: Network with top professionals and potential collaborators.Contribute to Progress: Share success stories to inspire industry-wide change.

Submission Information

Entry Deadline: December 6, 2024

Award Categories Include:

Product Categories

Business & Infrastructure Solution: Technologies enhancing corporate sustainability.Consumer & Residential Solution: Eco-conscious products for consumers and households.Software & Cloud Solution: Digital innovations advancing energy management and efficiency.

Project Categories

Energy Innovation: Groundbreaking projects in energy management.Environmental Impact: Initiatives with measurable environmental and ESG impact.Software Implementation: Strategic software solutions addressing operational challenges and specific case studies and use-case scenarios.

Our streamlined Award entry platform enables companies to fine-tune their submissions up to the final deadline, ensuring their achievements are showcased at their best. Each entry is then evaluated and scored by an independent panel of esteemed industry experts, providing a prestigious endorsement for winners.

What Past Winners Are Saying

“Winning this award was a game-changer for us—it brought us recognition within the industry and created new networking opportunities we hadn’t expected.” – [Past Winner, Energy Innovation Category]

“Being recognized by the E+E Leader Awards has motivated our team and strengthened our relationships with clients.” – [Previous Winner, Environmental Impact Category]

To learn more and start your entry, visit the Environment+Energy Leader Awards.

About Environment+Energy Leader

Environment+Energy Leader provides critical news, research, and resources for senior leaders dedicated to advancing sustainability and energy efficiency. Our award-winning publication reaches over 200,000 unique monthly readers and more than 60,000 social media followers, serving as a hub for news, information, thought leadership, and best practices—for a sustainable tomorrow.

Media Contact

Kay Harrison
Communications
E+E Leader
Kay@environmentenergyleader.com
www.environmentenergyleader.com