A sector deal announced by Energy and Clean Growth Minister Claire Perry means that one third of British electricity is…

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A sector deal announced by Energy and Clean Growth Minister Claire Perry means that one third of British electricity is set to be offshore wind power by 2030. In a recent release, the offshore wind industry announced that it is to invest £250 million into the UK supply chain due to an anticipated increase in exports by 2030.

The Supply & Demand Chain Executive magazine announced that Fusion Worldwide’s Tobey Gonnerman, executive vice president of global trade, was a 2019 Practitioner Pro To Know. Fusion Worldwide, an open market electronic component sourcing company, was one of more than 500 entries for the award. Another company to receive the accolade was Dan Clark, founder and president of Kuebix. The transportation management system company owner was selected for his extensive industry expertise and his implementation of Software-as-a-Service solutions.

A recent release from Nestle has opened up about the company’s action plan to help end deforestation and restore forests in the cocoa supply chain. The entire plan is available in a downloadable PDF book that outlines the company’s commitment to support the Cocoa & Forests initiative.

SpendEdge, a procurement intelligence solutions provider, has released their supply chain study for a fast fashion retail company. The study provides insights into how companies can boost customer services, assess short-term trends, and improve sourcing processes to build a responsive supply chain.

The Zurich Insurance Group announced a new strategic partnership with riskmethods GmBH, a supply chain risk management firm. The goal is to help clients better identify, assess, mitigate and transfer their supply chain related risks. Roby Kuchinski, Global Head of Property and Energy at Zurich said: “We are committed to offering our customers solutions that go beyond risk transfer. This new offering is a great example of how Zurich is focused on customers’ needs by combining the highly complementary skill sets of our own Risk Engineers and scientists with the state-of-the art artificial intelligence services available through riskmethods.”

Also in the news today: a new survey conducted by Sage Growth Partners found that 98 percent of hospital leaders said supply chain optimisation can improve margins; Khol’s posted its 12th straight quarter of inventory reduction; Resilinc released the 2018 EvenWatch Report that showed how global risks have increased overall and that uncertain geo-political conflicts present costly and disruptive supply chain impacts; and Huawei is about to sue the US regarding the ban of its products from American shores.

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