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Institute for Supply Management® Announces 2023 R. Gene Richter Scholarship Winners

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Six students from across the United States selected for top supply chain award

TEMPE, Ariz., April 18, 2023 /PRNewswire/ — Institute for Supply Management® (ISM®) has selected the 2023 recipients of the R. Gene Richter Scholarship, an award presented annually to the top supply management students from across the United States. Recipients were determined based upon a submitted essay, cumulative grade point average, demonstrated leadership, extracurricular involvement, and overall achievements as an undergraduate professional, including through internships and case competitions.

The 2023 R. Gene Richter Scholars include David Hinkle of Lehigh University, Garrett Callenberger of The Pennsylvania State University, Madison Dober of Western Michigan University, Peter Estefan of Michigan State University, Zach Abdulnour of Wayne State University, and Nicole Carvagno of University of Tennessee, Knoxville. This cohort of scholars joins more than 140 students from 25 different universities across the United States who have earned this honor since its inception in 2004.

“We are very proud to introduce the 2023 class of Richter scholars. They are the brightest and best from across the country and we truly believe they will grow to become leaders in supply management,” said Nancy Richter, founder of the R. Gene Richter Scholarship Program. “Our Richter scholars will add a fresh perspective to the field with their proven leadership, creativity and initiative.”

The award recipients will be honored at a dinner on May 8 at ISM World 2023, ISM’s annual conference in Grapevine, Texas from May 7 – 10. Now in its 20th year, the R. Gene Richter Scholarship provides a monetary award of up to US$10,000 in tuition assistance. Notably, recipients are also given access to an executive mentor and leader in the profession and a former Richter scholar as a junior mentor.

“These students represent the impressive future leaders of the profession,” said ISM CEO Thomas Derry. “We know each will contribute greatly to the success of their respective future organizations as they’ve demonstrated their commitment in their accomplishments thus far.”

The R. Gene Richter Scholarship Program was established and named in memory of R. Gene Richter, who was a galvanizing force in the field of procurement. Richter is admired for elevating the profession to world-class stature. He led the supply organizations at Stanley Black & Decker, Hewlett-Packard, and International Business Machines (IBM). For information on the R. Gene Richter Scholarship Program and the 2023 winners, visit: richterfoundation.org, and ismworld.org/awards.

About Institute for Supply Management®
Institute for Supply Management® (ISM®) is the first and leading not-for-profit professional supply management organization worldwide. Its 50,000 members in more than 100 countries around the world manage about US$1 trillion in corporate and government supply chain procurement annually. Founded in 1915 by practitioners, ISM is committed to advancing the practice of supply management to drive value and competitive advantage for its members, contributing to a prosperous and sustainable world. ISM empowers and leads the profession through the ISM Report On Business®, its highly-regarded certification and training programs, corporate services, events and the ISM Supply Chain Capability Model™. The ISM Report On Business®, Manufacturing and Services, are two of the most reliable economic indicators available, providing guidance to supply management professionals, economists, analysts, and government and business leaders. For more information, please visit: www.ismworld.org.

About R. Gene and Nancy D. Richter Foundation
The R. Gene and Nancy D. Richter Foundation is a 501c3 private family foundation devoted to community service. It offers educational opportunities to supply chain and non-traditional undergraduates as well as supporting other community interests. It offers two scholarship programs, the R. Gene Richter Scholarship and the Nancy D. Richter Scholarship. The R. Gene Richter Scholarship identifies the future leaders of supply chain management and fast-track those individuals into the profession through a program of tuition assistance, executive mentoring, junior mentoring and networking. For more information, please visit: www.richterfoundation.org.

Contact: Jessica Boyd, 480.752.6276, ext. 3085
jboyd@instituteforsupplymanagement.org

 

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SOURCE Institute for Supply Management

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QKS Group’s ROI Benchmark Report Turning Tech Investments into Strategic Wins

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Capturing true product impact through customer-driven research, cost-benefit mapping, and strategic ROI analysis

MIDDLETON, Mass., April 25, 2025 /PRNewswire/ — In a market where every technology investment must be justified with hard data, QKS Group is raising the bar with its newly launched ROI Benchmark Report – a proprietary, four-step methodology designed to help both technology vendors and enterprise buyers cut through marketing clutter and uncover real product impact.

Built entirely on direct customer input, strategic cost-benefit analysis, and ROI-focused metrics, the benchmark offers an impartial, in-depth view of how technology performs in real-world business environments.

What Sets the QKS ROI Benchmark Apart?

The ROI Benchmark Report uses a rigorous, four-step methodology that fuses quantitative rigor with qualitative depth, delivering powerful, data-backed stories of value:

Customer-Driven Research – QKS Analysts design custom questionnaires and conduct in-depth interviews with 20–25 actual customers from the vendor’s target segment, ensuring authenticity and relevance.Target Profile Creation – A composite profile is developed from the findings to understand the economic and operational realities of the customer base.Benefit-Cost Mapping – Strategic and financial gains are clearly mapped, while the cost profile accounts for total ownership, deployment challenges, and business risk.ROI & Payback Calculation – Final report delivers sharp metrics including ROI, Total Cost of Ownership (TCO), payback period, and risk-adjusted value analysis.

Become a client and Explore the Opportunities: https://qksgroup.com/become-client

Why It Matters?

For Vendors:

A third-party proof point to demonstrate real product valueStrengthens investor trust and accelerates sales cyclesConverts customer success stories into market momentum

For Buyers:

Clear, data-driven insights for confident, high-impact decisionsCuts through vendor marketing fluff to reveal real-world impactAligns tech investments with both short-term wins and long-term goals

A New Standard in ROI Evaluation

Unlike traditional ROI models built on assumptions or generic templates, QKS Group’s benchmark is grounded in customer reality. It is vendor-neutral, research-backed, and built to empower smart decisions from boardroom to budget meeting.

Whether you’re a vendor looking to show results or a buyer looking to invest wisely, the ROI Benchmark Study is designed to guide you with clarity, confidence, and evidence.

At QKS Group, we are committed to advancing evidence-based decision-making in enterprise technology investments. Our ROI Benchmark Report is a product of rigorous methodology and direct customer engagement, providing a reliable foundation for evaluating true product value. In an environment where accountability and clarity are paramount, this benchmark offers both vendors and buyers the data-driven insights they need driver smarter decisions. –Divya Barnwal, VP and Principal Analyst.

Conclusion:

With the ROI Benchmark, QKS Group is setting a new gold standard in tech evaluation, one that prioritizes truth over tactics, insight over assumptions, and outcomes over optics. In an era of economic scrutiny, it’s the clarity both buyers and vendors have been waiting for.

Trusted insights. Strategic clarity. The power to make bold, confident decisions that shape the future.

Contact:
Shraddha Roy 
PR & Media Relations
QKS Group
Regus Business Center
35 Village Road, Suite 100,
Middleton Massachusetts 01949
United States
Email: shraddha.r@qksgroup.com 
Content Source: https://qksgroup.com/newsroom/qks-group-s-roi-benchmark-report-turning-tech-investments-into-strategic-wins-1136
Follow us on LinkedIn: https://www.linkedin.com/company/qksgroup

Logo: https://mma.prnewswire.com/media/2501519/QKS_Group_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/qks-groups-roi-benchmark-report-turning-tech-investments-into-strategic-wins-302438421.html

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InventHelp Inventor Develops New Set of Audio Accessories (SDK-167)

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PITTSBURGH, April 25, 2025 /PRNewswire/ — “I wanted to create a set of electronic accessories that would give the user the option of listening to music privately and without disturbing others, or enjoying open-air listening in an ambient atmosphere,” said an inventor, from Seattle, Wash., “so I invented the THUMPERZ. My design would make listening a more enjoyable and pleasurable experience.”

The invention provides a convenient set of accessories for digital music/media consumers. In doing so, it ensures wireless headphones and speakers are available if needed. As a result, it could be used in a wide range of settings, such as while commuting, exercising, working, studying, or simply relaxing. The invention features a portable and versatile design that is easy to use so it is ideal for digital music/media consumers. Additionally, a prototype model and technical drawings are available upon request.

The original design was submitted to the Seattle sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 23-SDK-167, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

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SOURCE InventHelp

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CICE Invests $2.46 Million in Five Women-Led Climate Tech Ventures

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Funding accelerates breakthrough solutions driving decarbonization and inclusive economic growth

VANCOUVER, BC, April 25, 2025 /CNW/ – The B.C. Centre for Innovation and Clean Energy (CICE) is investing $2.46 million in five women-led climate tech ventures through its inaugural Women in Climate Tech Call for Innovation. This funding will support high-impact climate hard tech solutions driving decarbonization in the transportation, construction, and bio-industrial sectors.

“Solving today’s climate and energy challenges will take innovation, practical leadership, and strategic investment in technologies that can scale,” said Sarah Goodman, President and CEO of CICE. “By backing women-led climate tech ventures, we’re strengthening Canada’s economy, driving real-world solutions, and unlocking the full potential of Canadian talent.”

From 58 applicants, the following five ventures were selected for their potential to deliver scalable climate impact and economic benefit:

Agora Energy Technologies – Turning CO2 into clean power by combining capture, purification and conversion in a one step process.Ayrton Energy Inc. – Making hydrogen easy to move and store using today’s fuel infrastructure.EnviCore Inc. – Transforming industrial waste into low carbon cement alternatives.Gaia Refinery – Removing carbon at scale with a plug-and-play system for bio-industries.Seacork Studio Inc. – Creating carbon-negative building materials from seaweed.

These women-led ventures are tackling some of the toughest challenges in industrial decarbonization—while helping build a stronger climate tech ecosystem.

Climate Action with Economic Impact

The business case for advancing gender equity in climate tech is compelling. According to the MaRS Discovery District, increasing the number of women-owned SMEs by just 10% could contribute an estimated $198 billion to Canada’s GDP. By supporting women founders today, CICE is unlocking untapped potential in innovation, job creation, and economic competitiveness.

“Backing diverse founders isn’t charity—it’s how we win,” adds Goodman. “When we bring more voices to the table, we unlock better ideas, build stronger businesses, and find smarter solutions. This is especially true in climate and energy, where the challenges we face are complex and deeply connected. But Canadians know how to solve hard problem, by working together, thinking long-term, and investing in innovation that creates jobs, grows our economy, and protects what we all share.”

Catalytic Beyond Funding

CICE’s commitment to inclusive climate innovation goes beyond funding. Through initiatives like R2WS: Innovation with Impact – Women in Tech, CICE is increasing access to networks and cultivating the community women founders need to thrive—because breakthrough technologies don’t scale in isolation.

The Women in Climate Tech initiative is grounded in a simple idea: when all innovators have a fair shot, Canada is stronger for it. By investing in practical climate solutions—and the diverse talent behind them—CICE is driving economic growth, strengthening our innovation economy, and helping ensure Canada builds competitiveness in a changing world.

To date CICE has invested $39.7 million in 65 projects valued at over $264.3 million.

About the B.C. Centre for Innovation and Clean Energy (CICE)

The B.C. Centre for Innovation and Clean Energy (CICE) is an independent, not-for-profit corporation that funds the development, commercialization, and scaling of made-in-B.C. climate and energy solutions. We unite B.C. innovators, leading corporations, governments, investors, academia, communities, not-for-profits, and Indigenous partners to advance economic prosperity, competitiveness, and sustainability through innovation. CICE was established in 2021 through commitments from the Government of British Columbia, Shell Canada Ltd. and the Government of Canada. Since then, CICE has become a proven catalyst for early-stage investment and the scale-up of B.C.’s leading climate technologies. www.cice.ca 

SOURCE B.C. Centre for Innovation and Clean Energy

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