Share Npower, EDF Energy, E.On UK, Scottish Power and SSE to follow British Gas price cuts Express KCS Tags: British Gas Centrica Company E.On EDF Energy Npower Scottish Power SSE Analysts forecast last night that Britain’s remaining big five energy groups will quickly follow British Gas and cut gas prices for a further 28m households. British Gas, owned by Centrica, yesterday cut gas bills by five per cent – the second reduction in six months. The cut will come into effect for its 6.9m customers from 27 August. The utilities giant said this latest drop would save the average home £35. In total, this year’s price cuts would equate to an average annual saving of £72. Peter Atherton, equity analyst with Jefferies investment bank, said: “Others in the Big Six will probably follow a similar pattern. Five per cent seems about right, it matches the falling of wholesale prices, and you’d expect the other guys to move. “They normally announce their changes in September so Centrica have gone a bit early, but it’s reflective of the fall in wholesale gas prices so you’d expect the others to follow suit – ahead of the winter for sure.” Angelos Anastasiou, utilities analyst at institutional stockbroking and investment banking business Whitman Howard, said: “It will probably lead to similar price cuts over the next few days or weeks by the other members of the Big Six.” RWE’s Npower serves approximately 5.1m domestic customers in the UK, EDF Energy approximately 5.5m domestic and business customers, E.On UK has 5m domestic and business customers, Scottish Power over 5m domestic and business customers and SSE over 8m customers. The industry has come under fire for failing to drop prices in line with wholesale energy. In January chancellor George Osborne launched a Treasury investigation into whether utilities companies have been passing on savings to customers, with the threat of government intervention if they were found not to be doing so. whatsapp Wednesday 15 July 2015 8:43 pm Show Comments ▼ More From Our Partners Institutional Investors Turn To Options to Bet Against AMCvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com whatsapp
Facebook LinkedIn Twitter Share this article and your comments with peers on social media Companies CIBC World Markets Inc. Notwithstanding its recent lagging performance, the TSX is now poised for a rebound, says CIBC World Markets Inc. In a new report, CIBC suggests that Canadian stocks may be on the verge of a substantial rally in the coming year. “Over the past two decades, whenever the TSX lagged the S&P 500 by a wide margin, it rebounded by an average of no less than 16% in the following year,” it says. “And the coming year may be no exception.” James Langton The firm suggests that a rally may be in the cards simply because recent TSX underperformance was driven by a number of events, which have now largely passed – such as a large discount on Canadian oil prices hurting energy stocks, a sharp drop in gold prices, and weakness in base metals due to fears of a hard landing in China. Other sectors, such as financials and telecoms, have had issues to deal with too. But these are all mostly now in the past, CIBC suggests. Commodity prices have improved. And, it says, “while a slowdown in the housing market is still in the cards, the likelihood of a dramatic correction is very slim – and it appears that the market is waking up to this reality.” Moreover, a steeper yield curve is boosting spreads, and likely profits, for financials. “Accordingly, the financial sector might surprise on the upside in the coming few quarters,” it says. In terms of valuation, CIBC says, “The TSX as a whole is reasonably priced, with a forward PE ratio of 13 still a full point below its long-term average. Meanwhile, earnings yields are still well above what is offered by the bond market.” “The bottom line is that many of the forces leading to the notable underperformance of the TSX versus the S&P 500 are now behind us. With the TSX not expensive by any stretch of the imagination, it is possible that Canadian stocks might surprise on the upside in the coming year,” it concludes.
Two years on – partnership delivering projects with purpose The Programme and Project Partners (PPP) was formed in 2019 – bringing in KBR, Doosan Babcock, Jacobs and Morgan Sindall Infrastructure – to transform major project delivery at the nuclear site.Now one tenth of the way into their 20-year journey, the 4 partners and Sellafield Ltd employees are now operating as a diverse team of 1,000 professionals, with common goals and values.With the first 5 major projects under its wing, the PPP is now creating the infrastructure at Sellafield to reduce nuclear hazard in its pursuit to create a clean and safe environment for future generations.The site is now one of the biggest infrastructure delivery organisations in the UK, with a range of mega projects that will cost at least £1 billion each.Neil Crewdson, interim projects director for Sellafield Ltd said:The PPP has achieved a great deal in the first 2 years. I have taken great pride in seeing us come together as 5 organisations to operate as one team, while appreciating the unique and different contributions each of us are making.At the heart of the PPP approach is the people, and I would like to thank our partners and our employees at Sellafield Ltd for continuing to bring this collaborative approach to life.We are only a short way into a 20-year journey, and I’m excited to see our collective expertise and innovation deliver benefits for our projects, our people and our communities.The PPP approach is a first of its kind, developed with a heavy focus on collaborative working, to draw on the unique expertise brought from each partnering organisation. It’s already helping to achieve significant ‘firsts’ for the nuclear industry.Doosan Babcock’s Brian Davidson, who leads the partnership as PPP Representative, said:The past 2 years have been challenging yet fruitful. The foundations have been set for the PPP model to grow and meet its strategic aims.The first major projects transitioned are nearing engineering completion and construction is visibly progressing in the field. The model has encouraged cross partnership collaboration to establish the major project baselines to deliver the first projects, as well as the business transformation and social value.Such collaboration and idea sharing is also helping to positively impact the supply chain, establishing a new approach to run procurements across multiple projects, with the aim of reducing costs, increasing pace and predictability as well as creating sustainable employment opportunities and generating social value.PPP isn’t just about delivering the infrastructure needed to meet Sellafield’s needs – it also has a 20-year commitment to make an impact in our communities.The partnership has developed an internship scheme and is providing opportunities to young people who face additional barriers to employment but have the enthusiasm and drive to succeed.The next few years will see PPP continue to pick up the pace on projects and in the communities – creating opportunities for local people, increasing value for the UK taxpayer, improving cost and schedule certainty in major project delivery, accelerating high hazard reduction and, in turn, seeing Sellafield Ltd recognised for project delivery excellence. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:business, director, Employees, employment, Engineering, environment, future generation, Government, industry, infrastructure, innovation, Morgan, supply chain, sustainable, taxpayer, UK, UK Government
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Once your account is created, you’ll be logged-in to this account.DisagreeAgree Label Ballot measures before voters in Aug. 6 primary and special electionPosted by ClarkCountyToday.comDate: Monday, July 29, 2019in: Newsshare 0 ClarkCountyToday.com continues its review of the choices area voters have to make Ballots for the Aug. 6 primary and special election were mailed on July 19. Voters in the Clark County Council District 4; the cities of Battle Ground, Vancouver and the Town of Yacolt; Vancouver and Green Mountain school districts; Emergency Management Services District 1 and East County Fire & Rescue will each vote on individual races and three ballot measures.Voters in the Clark County Emergency Medical District and in the Town of Yacolt are being asked to approve a 10-year Emergency Medical Services Regular Property Tax Renewal Levy. It is one of three measures on the ballot for the Aug. 6 primary and special election. Photo courtesy of North Country Emergency Medical ServiceClarkCountyToday.com continues its review of the choices area voters have to make with a look at the ballot measures to be decided in the Aug. 6 primary.Clark County Emergency Medical District No. 1 — Proposition No. 3Voters in the Clark County Emergency Medical District and in the Town of Yacolt are being asked to approve a 10-year Emergency Medical Services Regular Property Tax Renewal Levy. If approved, residents would be taxed the maximum sum of $0.50 per $1,000 of assessed valuation each year for 10 consecutive years beginning in 2020.The North Country Emergency Medical Service (NCEMS) is a government entity operating from stations in Yacolt and Fargher Lake. It is comprised of Clark County EMS District No. 1, Cowlitz County EMS District No. 1 and the Town of Yacolt. NCEMS has been the provider of ambulance service to northeast Clark County and southeast Cowlitz County since 1976.According to proponents of the levy, NCEMS doesn’t have permanent funding sources like other special purpose districts, including fire or cemetery districts, so NCEMS must periodically submit a request to voters for continued funding. The existing levy expires at the end of 2019.The levy amount being requested is the same $0.50 per $1,000 of assessed value as past levies. Proponents of the levy claim the funding is required to continue operation of NCEMS and that failure of the levy “would eliminate this publicly funded service.’’Residents of the NCEMS taxing district have no out-of-pocket expense for utilizing the ambulance service. East County Fire & Rescue — Proposition No. 3East County Fire & Rescue is asking voters to approve a Property Tax Levy for Fire Protection and Emergency Medical Services. The levy would be used to maintain and fund district operations. If approved, the proposition would authorize the district to restore its regular property tax levy to $1.50 per $1,000 of assessed value to be assessed in 2019 and collected in 2020.The funds would be used to maintain and improve fire protection, emergency medical services and facilities in the district and also replace apparatus and equipment while also providing for firefighter safety.Officials with East County Fire & Rescue state that the one-year levy “lid lift’’ would be the first levy increase in 11 years. Officials also report that emergency call volumes have increased 50 percent while funding has stayed flat. They say that 80 percent of the calls are for medical assistance.Green Mountain School District No. 103 — Proposition No. 2The Green Mountain School District Board of Directors approved a resolution asking voters in that district to authorize a Replacement Educational Programs and Operations Levy that would provide educational needs such as instructional materials, special education and technology and operational expenses including teachers and staff and transportation not funded by the state.The three-year levy would replace the existing operations levy, which expires after the end of 2019. It would collect $1.50 per $1,000 of assessed value in each of the three years. The levy amount is reported to be $321,129 in 2020, $353,241 in 2021 and $388,566 in 2022.Information from Clark County Elections contributed to this report.AdvertisementThis is placeholder textTags:CamasClark CountyLatestVancouverWashougalYacoltshare 0 Previous : County prosecutor warns out of date software could cripple his office Next : Washougal’s Pavement Management Program in full Summer swing following funding boost from councilAdvertisementThis is placeholder text Name*Email*Website 2 CommentsOldest Newest Most Voted Inline FeedbacksView all comments
Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” Phoenix Business Consulting invests in telehealth platform Healpha Comments (0) Share WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals News The partnership is in line with Redcliffe’s efforts towards helping in research around recent health pandemic, discussions to offer support with some equipped institutions that have BSL2 facilitiesRedcliffe Life Sciences has partnered with Birbal Sahni Institute of Palaeoscience (BSIP), Lucknow in a bid to contribute to the ongoing diagnostics and discoveries around COVID-19. While BSIP, which is accredited by the Department of Science & Technology (DST) has been appointed as the sample analysing centre (SAC), Redcliffe will provide infectious diagnostic testing services for COVID-19.The partnership is in line with Redcliffe’s efforts towards helping in the research around the recent health pandemic and discussions to offer support with some equipped institutions that have BSL2 facilities. The diagnostic company recently got approval for this unique PPP model from BSIP.Speaking about this, Ashish Dubey, Co-Founder, Redcliffe Life Sciences, said, “We are happy to be associated with the Department of Science & Technology, Government of India affiliated Birbal Sahni Institute of Palaeoscience (BSIP) for a contribution towards the research around the novel coronavirus. With our combined capabilities, we hope to become a game-changer in the efforts towards tackling the pandemic and assist the governmental efforts in this direction. There are not many testing labs in Uttar Pradesh and given the need for testing in a large set of population, we are keeping ourselves ready with the infrastructure. We will be ready to offer testing after April 15, 2020.”“As part of the association, BSIP will provide up and running infrastructure BSL2 and above, as per the ICMR guidelines. The institution will also design the assays and protocols to test the presence and absence of COVID-19 using RT-PCR as per the ICMR guidelines. Redcliffe, on its part, will help conduct a prescribed diagnostic test within a set turn-around time (calculated from the sample receipt) and issue a formal test report using their manpower who are trained at handling infectious samples,” stated Dr Vandana Prasad, Director, BSIP and Dr Niraj Rai, in-charge of ancient DNA lab at BSIP Lucknow.The Redcliffe team along with Dr Rai and his team at BSIP are working on a mass-screening assay to diagnose a large population using a mass array technology. The details will be shared in due course once the assay design is complete. The cost of the tests is expected to be lesser than Rs 1000 per sample and for a large set of the population, this can even be below Rs 700 provided 500 samples are screened together.Redcliffe will also provide special pricing for tests generated by BSIP or follow the ICMR guidelines when testing for any other such government institutions. The company will provide sample collection kits (wherever necessary) apart from manpower, logistics, and the necessary reagents / kits to BSIP. It will further help in waste management and disposal of the biological material as per ICMR guidelines.Redcliffe also recently announced the capability to undertake Whole Genome Sequencing (WGS) to tackle COVID-19 spread. The company has also approached the Ministry of Health, Government of India and the ICMR to assist in their efforts in this area.Redcliffe is actively working with a multidisciplinary approach towards diagnostics, screening, and therapeutics for COVID-19, and has been successful in identifying few molecules, which can be taken for clinical validation study, (more information is awaited for these developments after the study results are available). They have written few proposals in the directions and the same is under review with Dept of Biotechnology (DBT). Birbal Sahni Institute of Paleoscience LucknowBSL2 facilitiesCOVID-19Department of Science and TechnologyDept of BiotechnologyICMRRedcliffe Life Sciencessample analysing centre The missing informal workers in India’s vaccine story Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Menopause to become the next game-changer in global femtech solutions industry by 2025 By EH News Bureau on April 13, 2020 Read Article Redcliffe Life Sciences partnership with Birbal Sahni Institute of Paleoscience, Lucknow Related Posts Add Comment
FacebookTwitterWhatsAppEmail Look to Services – UNCTAD Head Foreign AffairsNovember 16, 2012 Secretary General of the United Nations Conference on Trade and Development (UNCTAD), Dr. Supachai Panitchpakdi, says that Jamaica should focus on developing its services industry as this is currently the most promising area for economic growth.Addressing a breakfast forum at the Jamaica Exporters’ Association (JEA) headquarters in St. Andrew on November 15, Dr. Panitchpakdi noted that the services sector is doing well, representing approximately 70 per cent of the country’s export and Gross Domestic Product (GDP), and is the “greatest value-added” sector.He noted however, that while tourism stands out as a top performer, Jamaica has been losing competitiveness even in that industry, and urged members of the private sector to get together with the Government to find the cause.“You may need to sit down together to map out why Jamaica has been losing because this is alarming. If you lose competitiveness in manufacturing, in certain processing industries, it is not that threatening, but if you begin to lose competitiveness in some key areas of your services sector like tourism, then you must really be ringing the alarm bells,” Dr. Panitchpakdi said.He advised that the country develop more linkages in tourism for greater net gain, pointing out that while Jamaica is earning from the industry, it is also spending a lot on imported goods for the sector.The UNCTAD head also cautioned the Government against too much regulation of the sector. “In the services industry, you don’t go and regulate it too much. This is where the private sector should be telling you what should be done, so that Government can facilitate competitiveness in the system,” he stated.He also pointed to the need for greater public/private sector partnership in infrastructural development, noting that the Government will never have enough money to tackle large scale projects on its own.As it relates to foreign direct investment, Dr. Panitchpakdi said Jamaica has to “come back to where you can reach a level of at least US$1 billion per year for foreign direct investment.”According to the UNCTAD World Investment Report 2011, FDI flows into Jamaica declined by 62 per cent to US$201 million in 2010. The country attracted record inflow of US$1.4 billion in 2008, just prior to the global recession.Dr. Panitchpakdi noted that many of the major developing countries are now looking to invest, and Jamaica should look towards non-traditional sources such as China and other Asian countries, as traditional partners such as the United States of America, Japan and Europe, no longer have the money to invest.Turning to global trade, Dr. Panitchpakdi painted a gloomy picture, noting that international trade financing has been drying up in the last couple of years, and projected that the highest growth rate for the year may be 2.5 per cent. He also pointed to a contraction of global investments of around eight per cent which, he said, was causing a deflationary impact.He warned that countries will now have to balance their own domestic demand, more so than in the past. “This means that it is a very difficult time for Jamaica to be competitive on the international level. Even if you are competitive, the global market is not expanding at the rate where you can take up a larger share of the market,” he said.He urged the country to take greater advantage of regional trade through CARICOM and find its niche in the market.Dr. Supachai again commended Vision 2030 and urged private sector support for the development plan.JEA President Vitus Evans, in his remarks, acknowledged the need to strengthen the relationship between the public and private sectors to ensure a supportive business climate to facilitate businesses. “We need to ensure that…decisions taken (by the elected officials) are with the objective of attaining growth, and that they are held accountable for their decisions,” he added. RelatedLook to Services – UNCTAD Head Advertisements RelatedLook to Services – UNCTAD Head RelatedLook to Services – UNCTAD Head Story HighlightsSecretary General of the United Nations Conference on Trade and Development (UNCTAD), Dr. Supachai Panitchpakdi, says that Jamaica should focus on developing its services industry as this is currently the most promising area for economic growth.Addressing a breakfast forum at the Jamaica Exporters’ Association (JEA) headquarters in St. Andrew on November 15, Dr. Panitchpakdi noted that the services sector is doing well, representing approximately 70 per cent of the country’s export and Gross Domestic Product (GDP), and is the “greatest value-added” sector.He noted however, that while tourism stands out as a top performer, Jamaica has been losing competitiveness even in that industry, and urged members of the private sector to get together with the Government to find the cause.
HomeFeaturedAP source: Biden rakes in $750,000 at Hollywood fundraiser May. 10, 2019 at 4:30 amFeaturedGovernmentNewsAP source: Biden rakes in $750,000 at Hollywood fundraiserAssociated Press2 years ago$750000Chris SilbermannentertainmentfundraiserhollywoodJeffrey Katzenbergjoe bidenJoe WazpowerbrokerTom Girardivice president Joe Biden raked in over $750,000 during a fundraiser attended by Hollywood powerbrokers, a massive haul that demonstrates the entertainment industry’s lasting affection for the former vice president.Biden’s 2020 Democratic presidential campaign declined to comment on how much was raised Wednesday evening at the home of interior designer Michael S. Smith and his husband, James Costos, a former HBO executive who was President Barack Obama’s ambassador to Spain.But two people with direct knowledge of the event told The Associated Press on Thursday that over $750,000 was collected, and one of the people said checks were still being tabulated. They were not authorized to reveal the fundraising numbers and spoke on condition of anonymity.The sum raised was first reported by CNBC.The Wednesday night event was co-hosted by industry titans including media mogul Peter Chernin, DreamWorks co-founder Jeffrey Katzenberg and talent agency head Chris Silbermann, as well as former Google CEO Eric Schmidt, according to an event invitation. Other sponsors included Sen. Dianne Feinstein’s husband, Richard Blum, and several former Obama administration ambassadors.More than 300 guests noshed on hot dogs, cheeseburgers with organic beef, and french fries in the front yard of Smith and Costos’ Brentwood home while a jazz band played. Later, Biden took the stage.“I promise you if we elect a Democrat this time — whether it’s me or someone else — we’re going to see this country come together like it hasn’t in a long time,” Biden said. “Because people are tired, they’re sick and tired of what’s happening. Let’s lift our heads up. Again, not a joke, remember who the hell we are. And let’s go take it back.”The event was one of three Biden fundraisers held during a two-day swing through Los Angeles. Earlier Wednesday he was feted at the home of Cynthia Telles and telecommunications executive Joe Waz. And on Thursday, he attended a breakfast at the Jonathan Club in downtown Los Angeles, where he joked about the crowded Democratic primary, saying that he always expected tough competition but never anticipated running against “300 people.”The quip came after Tom Girardi, an attorney who is married to “Real Housewives of Beverly Hills” star Erika Jayne, hyped recent polling that shows Biden as a front-runner.Biden said he expects the race will be a marathon and recalled the advice of an old football coach who said, “Joe, don’t read your clips.”“I know all that polling stuff looks good, but it is a marathon and we have a long way to go,” he said.“There’s a lot of people who are qualified and decent and running. And I think it’s one heck of a field, although I never anticipated there’d be 300 people running,” he continued, prompting laughter from the audience.Although some candidates have criticized Biden, particularly his coziness with megadonors and industry leaders, he said he would “never speak ill” of another Democratic competitor.Tags :$750000Chris SilbermannentertainmentfundraiserhollywoodJeffrey Katzenbergjoe bidenJoe WazpowerbrokerTom Girardivice presidentshare on Facebookshare on Twitteradd a commentCalifornia developer fined $15M over pricey beach hotelCalifornia governor proposes $213B state spending planYou Might Also LikeFeaturedNewsBobadilla rejects Santa Monica City Manager positionMatthew Hall8 hours agoNewsBruised but unbowed, meme stock investors are back for moreAssociated Press19 hours agoNewsWedding boom is on in the US as vendors scramble to keep upAssociated Press19 hours agoNewsCouncil picks new City ManagerBrennon Dixson19 hours agoFeaturedNewsProtesting parents and Snapchat remain in disagreement over child protection policiesClara Harter19 hours agoFeaturedNewsDowntown grocery to become mixed use developmenteditor19 hours ago
Pinterest Twitter Publicans in Republic watching closely as North reopens further Blaney apologises for attending Oireachtas Golf Society function Facebook Google+ Homepage BannerNews Important message for people attending LUH’s INR clinic Facebook Twitter Pinterest The Agriculture Minister Dara Calleary has resigned after breaking Covid 19 guidelines.He went to an Oireachtas golf event at a hotel in Galway on Wednesday attended by 80 others.The Taoiseach has accepted his resignation and says it was wrong and an error of judgement.Michael Martin also believes the event should not have gone ahead.In a statement this morning, Senator Niall Blaney confirmed he also attended the event. In the statement, he accepts he should not have done so, and he apologises for what he describes as his error of judgement. Loganair’s new Derry – Liverpool air service takes off from CODA Arranmore progress and potential flagged as population grows Community Enhancement Programme open for applications WhatsApp WhatsApp Previous articleSenior Championship Preview – Brendan KilcoyneNext articleLocal superintendent repeats appeal following Inishowen tragedy News Highland RELATED ARTICLESMORE FROM AUTHOR Nine til Noon Show – Listen back to Monday’s Programme Google+ By News Highland – August 21, 2020
By Gavin van Marle 16/02/2016 © Gajus Less than a quarter of US manufacturers are operating with a chief supply chain officer (CSCO), a new survey from supply chain technology provider GT Nexus has revealed.Just 24% of the 250 respondents to the survey have a CSCO in their organisations. Another 32% reported they employed someone to be responsible for their supply chain, but these executives were below management board level.While a further 2% said although their organisations did not have an equivalent role, there were plans to introduce one, 41% said they did not have a supply chain officer or plans to create the role.“This very behind-the-scenes finesse is what makes a company win or lose when it comes to supply chain, and this is driven by having someone in place to oversee it and having a networked approach,” said GT Nexus. “If you’re still not convinced supply chain is a critical and strategic domain that’s churning out new heads of companies, take a look at who runs Apple and Walmart – hint: they got their start in supply chain.”While it is true that current Apple chief executive Tim Cook and previous Walmart chief executive Mike Duke began their careers in supply chain departments, for many companies appointing a chief supply chain officer may be easier said than done – especially given that many management boards rarely understand much about their supply chains, other than what they cost.According to the GT Nexus survey, 41% of respondents said their number-one supply chain priority was to reduce costs, which may not go hand-in-hand with increasing HR budgets to hire a chief supply chain officer – wages can vary considerably of course, but the sums are not inconsiderable. According to salary.com, the average wage for a C-level supply chain officer is $230,000 a year, while glassdoor.com cites an annual salary of $250,000 for the EMEA supply chain director for British-American Tobacco.GT Nexus argues that, in the long-term, companies would be better off investing in senior staff rather than focusing purely on cost levels. Vice-president of corporate marketing Greg Kefer said: “It’s clear in the report that manufacturers expect to face major supply chain challenges in 2016 stemming from external factors beyond their control.“The data suggests their execution roadmap may be misguided, being focused more on cost cutting, for example, than more mission-critical things like having a senior supply chain leader in place.“76% of respondents said they currently operate without a chief supply chain officer. With almost half of manufacturers reporting a disruption that impacted business in the past 12 months, this gap in strategic direction to address broader supply chain agility is a concern,” he added.
Legal Advocate Discusses Medical Abuse At Shut Down Georgia ICE Facility Add to My List In My List Related Stories Share For Whom The Bell Rings On Monday, a rare solar eclipse will darken skies across the country, and Georgia is lucky enough to be in the path of totality. State parks, universities and even schools are all getting in on the act, passing out glasses and planning events where people can gather to view the eclipse. Whether you’re watching in Atlanta, where a partial eclipse will be visible, or heading north to see the whole shebang, you can share what you see with WABE. From photos of the eclipse itself (taken with the proper camera filters, of course) to you and your friends and family enjoying it, we want to see it all. To submit just send photos or videos with your name and the location they were taken (and any other important info) to [email protected] with the subject line “eclipse submissions.” We’ll share the best contributions in our reporting. ‘It’s Fractured’: Georgia Lt. Gov. Geoff Duncan On Healing Republican Party