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The In-Plant Logistics for Automobile OEMs market is projected to grow by USD 557.8 million from 2024-2028, driven by AI and automated guided vehicles (AGVs)

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NEW YORK, Oct. 15, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global in-plant logistics for automobile oems market  size is estimated to grow by USD 557.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.5%  during the forecast period.  Increased productivity and reduced labor cost due to use of automated guided vehicles (agvs) is driving market growth, with a trend towards use of industry 4.0 by automobile oems increasing productivity and saving costs. However, high initial investment in advanced technologies  poses a challenge. Key market players include AP Moller Maersk AS, BLG Logistics, CJ Darcl Logistics Ltd., CMA CGM SA Group, DACHSER SE, DB Schenker, Deutsche Post AG, DP World, DSV AS, Hellmann Worldwide Logistics SE and Co KG, Kintetsu World Express Inc., Kuehne Nagel Management AG, Mahindra and Mahindra Ltd., Nippon Yusen Kabushiki Kaisha, Penske Corp., Schnellecke Group AG and Co. KG, Toyota Motor Corp., United Parcel Service Inc., Volkswagen AG, and XPO Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Service (In-plant warehousing, Line-side feeding, Packing, and Others) and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

Region Covered

APAC, Europe, North America, South America, and Middle East and Africa

Key companies profiled

AP Moller Maersk AS, BLG Logistics, CJ Darcl Logistics Ltd., CMA CGM SA Group, DACHSER SE, DB Schenker, Deutsche Post AG, DP World, DSV AS, Hellmann Worldwide Logistics SE and Co KG, Kintetsu World Express Inc., Kuehne Nagel Management AG, Mahindra and Mahindra Ltd., Nippon Yusen Kabushiki Kaisha, Penske Corp., Schnellecke Group AG and Co. KG, Toyota Motor Corp., United Parcel Service Inc., Volkswagen AG, and XPO Inc.

Key Market Trends Fueling Growth

Industry 4.0, a trend in manufacturing, integrates digital and physical technologies to transform the automotive industry. This includes cloud computing, IoT, cyber-physical systems, and cognitive computing. By creating a physical-to-digital-to-physical connection, Industry 4.0 offers numerous advantages for automobile Original Equipment Manufacturers (OEMs). Firstly, agile supply chains are achievable as manufacturing specifications can be swiftly adapted in response to changing standards. Secondly, self-monitoring capabilities ensure equipment reliability during 24-hour production, preventing downtime. Thirdly, customization is possible with Industry 4.0, allowing OEMs to tailor individual vehicles and reduce delivery times. Lastly, network flexibility enables operations to be shifted among facilities based on production or demand fluctuations. The implementation of Industry 4.0 in the automotive sector is expected to increase productivity, leading to a higher demand for in-plant logistics. In-plant logistics plays a crucial role in managing the flow of goods and information within the manufacturing facility, ensuring efficient production and reducing costs. As Industry 4.0 continues to revolutionize the automotive industry, the need for advanced in-plant logistics solutions becomes increasingly important. 

In-plant logistics is a critical aspect of automobile OEMs, focusing on efficient inventory management and just-in-time delivery. Trends like waste reduction, downtime reduction, automation, digitalization, robotics, AI, and autonomous guided vehicles are transforming in-plant logistics. Lean manufacturing techniques, third-party logistics providers, in-plant warehousing, line-side feeding, and packing are essential components. Tier 1 and 2 suppliers, conveyor systems, and lean manufacturing techniques ensure operational efficiency and inventory control. Vehicle customization, supply chain management, real-time tracking systems, and distribution operations optimize production flow. Environmental protection, predictive analytics, and customer experience are key considerations. In-plant logistics solutions provide cost savings through inventory optimization and material handling. Electric vehicles, international trade, oil prices, and trade ties impact the market. Deployment costs, maintenance costs, and material flow are crucial factors in in-plant logistics services. 

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Market Challenges

The layout of an automobile OEM’s production facility significantly impacts in-plant logistics, as timely material movement is crucial for customers while minimizing logistics costs is a priority for companies. Customized solutions are necessary due to varying customer requirements, considering factors such as material quantity, facility layout, and delivery criticality. Sharing necessary information for designing an effective solution can be challenging. Technology adoption can streamline processes, increase efficiencies, and reduce costs. Advanced tracking technologies for in-plant warehousing and transit are essential for customers. New technologies, like automation, require substantial investments, potentially impacting revenue growth. Efficient inventory management systems and real-time tracking technologies are standard requirements for logistics companies in the automobile sector.In-plant logistics for automobile OEMs face various challenges in today’s business environment. Environmental protection regulations require efficient use of resources and reduction of waste. Artificial intelligence and predictive analytics help optimize material flow, demand forecasting, and route optimization. International trade tensions, oil prices, and geopolitical instability impact deployment and maintenance costs. Real-time tracking systems ensure supply chain visibility and safety standards. Vehicle components and finished goods require efficient distribution operations. In-plant logistics services must adapt to customer experience demands. Sensors and smart devices enable preventive maintenance strategies, reducing equipment downtime and production losses. Robotic technologies, including robotic arms and collaborative robots, enhance productivity and automation. However, challenges persist, such as environmental sustainability, trade barriers, cyber security threats, and labor laws. Warehouse layout design, inventory tracking, and supply chain visibility are crucial for effective in-plant logistics. OEMs must navigate these challenges to maintain competitiveness and meet customer demands.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview 

This in-plant logistics for automobile oems market report extensively covers market segmentation by

Service 1.1 In-plant warehousing1.2 Line-side feeding1.3 Packing1.4 OthersGeography 2.1 APAC2.2 Europe2.3 North America2.4 South America2.5 Middle East and Africa

1.1 In-plant warehousing-  Automobile Original Equipment Manufacturers (OEMs) require in-plant warehouses to store both raw materials for easy access during production and finished goods for inventory management. However, maintaining these warehouses comes with challenges such as handling multiple stock-keeping units (SKUs) and the associated overhead costs. To address these issues, automobile OEMs are increasingly outsourcing their in-plant warehousing activities to Third-Party Logistics (3PL) providers. This simplifies communication and workflow as the OEM deals with a single organization for all warehouse-related matters. Outsourcing also results in significant cost savings as the OEM no longer bears the expenses of maintaining the warehouse, personnel, and equipment. Furthermore, scalability is enhanced as the OEM can focus on its core competencies without worrying about fixed warehousing costs during downtime. In today’s market, automobile OEMs are adopting flexible production strategies, such as just-in-time and build-to-order, to adapt to sudden peaks in sales. In-plant warehousing plays a crucial role in mitigating material requirements and ensuring a visible supply chain, making it an essential component of the global automobile industry’s growth during the forecast period.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

In-plant logistics plays a crucial role in the automobile Original Equipment Manufacturer (OEM) industry by optimizing the flow of materials and finished goods within a manufacturing facility. This includes inventory management, ensuring just-in-time delivery, waste reduction, and downtime reduction. Automation through robotics and real-time tracking systems streamline production and material flow, reducing deployment and maintenance costs. Predictive analytics help anticipate demand and optimize inventory levels, while environmental sustainability is a growing concern addressed through efficient warehouse layout design and storage facilities. Geopolitical instability, trade barriers, and cyber security threats pose challenges, requiring supply chain visibility and inventory tracking systems. The market for in-plant logistics in the automobile OEM sector continues to evolve, driven by the need for greater efficiency, flexibility, and competitiveness.

Market Research Overview

In-plant logistics plays a crucial role in the automobile OEM industry, ensuring the seamless flow of materials and components from suppliers to production lines, and ultimately to the assembly of finished vehicles. Inventory management is a key aspect, with just-in-time delivery ensuring minimal stock levels and reducing waste. Automation, digitalization, and robotics are driving operational efficiency and reducing downtime. AI, IoT, and real-time tracking systems optimize material flow and distribution operations. Electric vehicles and their components require specialized handling and logistics solutions. Lean manufacturing techniques and third-party logistics providers help manage Tier 1 and Tier 2 suppliers. In-plant warehousing, line-side feeding, and packing are essential services. Environmental protection, customer experience, and supply chain management are critical considerations. Factors such as oil prices, trade ties, and geopolitical instability impact deployment and maintenance costs. Predictive analytics, machine learning algorithms, and demand forecasting help optimize inventory and production processes. Safety standards, environmental regulations, labor laws, and trade policies are essential compliance areas. Cyber security threats require IT systems and protocols. Warehouse layout design, inventory tracking, and supply chain visibility are crucial for operational excellence.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ServiceIn-plant WarehousingLine-side FeedingPackingOthersGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Delta Showcases AI Data Center and Smart Manufacturing Solutions at CEATEC 2024 to Align with Japan’s Society 5.0 National Initiative

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TOKYO, Oct. 16, 2024 /PRNewswire/ — Delta, a global leader in power management and a provider of IoT-based smart green solutions, is demonstrating its unique capabilities to enhance energy efficiency across the AI realm and its prowess in smart manufacturing at CEATEC 2024. Key highlights include: Delta’s newest 20ft container prefabricated all-in-one data center solution for rapid deployment in Japan; the new high-speed 800G networking switches and the Liquid-to-Liquid(L2L) In-Row Coolant Distribution Unit (CDU) with cooling capacity up to 1.5MW, capable of handling the liquid cooling needs of multiple high-density 100kW racks in AI data centers; the In-Rack CDU pair with GB200 cold plates are designs for above 1200W GPU cooling need, the 6U 3D Vapor Chamber pair with AI server fans offer air cool option to GPU below 1200W ; and Delta’s new Digital Twin Solution for smart manufacturing combines AI and advanced digital simulation technology, enabling manufacturers to reduce equipment development time by up to 20% while achieving over 95% simulation accuracy. The showcase also includes telecom infrastructure, energy infrastructure, IoT-based building automation, AI-empowered cloud surveillance and smart charging devices, showing how Delta’s core energy-saving technologies contribute to global carbon reduction and align with Japan’s Society 5.0.

Kengo Ka, President of Delta Electronics (Japan), said, “Delta’s long-term leadership in energy-efficient power and thermal management solutions has been crucial to our success in fostering AI, digitization, and energy conservation, all pillars of Japan’s national initiative Society 5.0. Moreover, we are assisting Japan’s leading telecoms to build containerized data centers while also providing UPS systems for high-tech customers in Kumamoto. In the energy infrastructure field, we are actively expanding our renewable energy and energy storage businesses, having recently helped Japan’s well-known automotive electronics manufacturer install a solar PV power system with an annual generation of over 1 million kWh in Hiroshima. Delta’s commitment to sustainability is also achieving new milestones. By 2023, Delta’s operation sites in Japan achieved RE100 in 2023 (RE76 globally). We look forward to advance sustainable development in Japan by strengthening our cooperation with customers and partners here at CEATEC.”

Kelvin Huang, Vice President and General Manager of Delta’s ICT Infrastructure Business Group, said, “With the proliferation of 5G and the expansion of AI applications, rapid changes are occurring in the ICT industry. Delta possesses comprehensive solutions in both telecom infrastructure and data center infrastructure, which will effectively assist our clients in rapid deployment and enhanced operational efficiency. Through world-leading 98% efficiency telecom power solutions, we help telecom operators establish high-efficiency green base stations. In data centers, we offer the next-generation prefab all-in-one containerized data centers and provide air/liquid cooling solutions for AI applications. This includes the Liquid-to-Air (L2A) In-Row Air-Assisted Liquid Cooling (AALC) solutions for upgrading existing air cooling data centers and In-Row L2L 1.5MW CDU capable of handling the cooling needs of multiple high-density 100kW racks. This year, we are also unveiling the new 800G data center switch in Japan for the first time, providing comprehensive support for clients in complex AI application environments.”

In the AI domain, Delta showcases its cutting-edge virtual machine development platform “DIATwin” powered by AI algorithms and digital twin technology. This platform enables faster, more efficient new product introductions, underscoring Delta’s expertise in the smart manufacturing sector. Delta also introduces its edge AI video analytics solution, designed specifically for facilities with high-security requirements. This innovative technology reduces response times and enhances security, ensuring a safer environment for all.

At CEATEC 2024, Delta presents comprehensive solutions spanning ICT and energy infrastructure, industrial and building automation, and smart living power solutions, supporting Japan’s Society 5.0 policy. Join us at CEATEC in Japan from October 15 to 18 at booth 8H541 for an in-depth exploration of Delta’s innovations.

CEATEC2024-Delta Booth Highlights

AI data center solutions

Prefabricated Data Center Solutions: The all-in-one prefabricated data center solution integrates the infrastructure and IT equipment of the data center into the container, meeting the rapid deployment and high scalability requirements of customers.Liquid and Air Cooling Solutions: Delta delivers tailored solutions for traditional data centers to AI data centers. The L2A In-Row Air-Assisted Liquid Cooling (AALC) solutions are perfect for upgrading existing air cooling systems. Delta’s 1.5MW L2L In-Row Coolant Distribution Unit (CDU) liquid cooling solutions efficiently cool dozens of high-density racks and offer ideal solutions to the cooling challenges of AI data centers. Also showcase are In-Rack CDU that can pair with highly efficient Cold Plate Loops design for above 1200W GPU for a liquid cooled AI rack, and the air cooling solutions that utilizing advance 4U and 6U 3D Vapor Chamber pairing with the new powerful and quiet AI server fans for GPU with below 1200W cooling need; at datacenter facility level, Delta provides the cutting-edge energy-saving EC Technology High Power Air Mover that allow 30% or more energy saving once replace the traditional AC fans on facility cooling equipment.UPS Solutions: Delta has focused on the power industry for many years as a provider of energy-saving UPSs. Delta’s DPM Gen2 UPS is our flagship UPS. It delivers up to 2100kVA power capacity and offers up to 97.5% AC-AC efficiency.ORV3 33kW Power System: The debuted 33kW Power Shelf adopts 5.5kW power supply unites and boasts over 97.5% peak efficiency. The 33kW power system and 33 kW battery backup system are mainstream for next-generation AI servers.800G Data Center Switch: Delta’s 800G data center switches are cutting-edge solutions designed to meet the demands of today’s AI and cloud data center infrastructures. With bidirectional high-density 800 GbE ports, it could be an ideal high radix network for hyperscale AI and machine learning clusters.Data Center Infrastructure Management (DCIM): The InfraSuite Manager is a system that integrates all data center facility and IT equipment management tasks onto one platform simultaneously. InfraSuite Manager includes the EnviroProbe and EnviroStation, which are designed to work together seamlessly to manage energy, power systems, cooling, environment, security, asset management, server monitoring and more.

Green Telecom Infrastructure

5G small cell solutions feature high-speed connectivity and ultra-low latency, making them ideal for Fixed Wireless Access (FWA) deployment. It integrates rectifier designed with an IP65 protection rating specifically for wireless small cells, achieving energy conversion efficiency of up to 97.4%.

Green Smart Manufacturing

Digital Twin Solutions Integra: As the electronics industry shifts towards high-mix, low-volume production, with new products often requiring substantial investment in production line planning and equipment testing, Delta has introduced its comprehensive Digital Twin Solution, consisting of physical machines and virtual machines. The virtual machine is developed using the DIATwin Virtual Machine Development Platform which can reduce manufacturing equipment development time by up to 20%. Encompasses modularized physical machines, this innovative solution has helped a prominent Taiwanese electronics assembly company reduce equipment adjustment commissioning time by more than 80%, significantly accelerating new product introduction.Smart Warehouse and Logistics Solutions: Integrated with Delta’s Warehouse Management System, the solution reduces warehouse and logistics costs by up to 30% through workforce optimization and intelligent automation. The M∞Vair Series Wireless Charging Systems, ranging from 1kW to 30kW, that provides contactless power transmission to enable automatic contactless, wireless charging for AGVs, Autonomous Mobile Robots (AMR) and larger industrial vehicles such as forklifts and tractors for various industrial vehicles with a maximum of 95% end-to-end power transmission efficiency.

Energy Infrastructure

Energy Storage Solution – DELTerra M: Designed for medium to large industrial and commercial energy storage applications as well as grid-level applications, it is paired with Delta’s MW-level power conditioning systems PCS1500/PCS3000 and LFP battery containers. The battery containers are based on 10ft containers, making them easy to transport and install. The capacity can be flexibly configured according to application needs, ranging from a single container of 708 kWh to six containers totaling 7.78 MWh, optimizing land utilization. Additionally, the battery containers are equipped with multiple built-in dual-redundant environmental sensors and a fire sprinkler system to enhance safety.

Smart Charging Devices

USB Socket Outlets and Portable Power Stations: Delta’s newly launched Japanese-standard USB dual-port fast-charging socket outlets offer 20W and 60W output power with Type A+C or Type C+C options. These socket outlets can achieve up to 92% efficiency and seamlessly integrate with AC ports and switches at homes or furniture, delivering “Fast Charging Everywhere with Just One Cable!” On the other hand, Innergie also announce the upcoming Portable Power Stations P200 (200Wh) and P400 (400Wh), both are equipped with swappable batteries and four USB-C ports and capable of charging up to four laptops simultaneously. The large-capacity P400 model can fully charge (from 0%-100%) a 16-inch MacBook Pro four times or an iPad Pro 13 times, suitable for domestics, business meetings and camping, as well as serving as a backup during blackouts caused by earthquakes or typhoons. The Portable Power Stations will be available soon in 2025.Innergie One For All Series Adapters: From 30W to 100W, Innergie’s One For All Serie Adapters fully support PD 3.0 (PPS) and QC 4 fast charging protocols. The Series feature “Dynamic Power Allocation” technology and automatically detects devices to allocate the right power for charging, saving energy and ensuring safety. Innergie will also unveil the brand new Qi2 15W Magnetic Wireless Charger and Magsafe Battery Packs, both featuring the latest official Qi2 certification and powerful magnetic alignment to ensure precise positioning for optimal charging efficiency. The Battery Packs provide 5,100mAh and 10,200mAh capacities for option and support cable charging to bring a more flexible charging experience for users.

Building Automation Solution

LOYTEC Building Management and Control: It integrates air conditioning, lighting, elevators, security monitoring, and electric vehicle charging systems. It easily becomes the control center of the building, offering the most open building management system within or across buildings.AI-powered Cloud Surveillance – VORTEX: Employs Edge AI for real-time alerts, reducing false alarms and enhancing security for people, vehicles, and assets. It can integrate seamlessly, boosting management efficiency and minimizing risks for data centers, parking lot charging stations, chain stores, restaurants, and campuses.

# # #

About Delta

Delta, founded in 1971, and listed on the Taiwan Stock Exchange (code:2308), is a global leader in switching power supplies and thermal management products with a thriving portfolio of IoT-based smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, “To provide innovative, clean and energy-efficient solutions for a better tomorrow,” Delta leverages its core competence in high-efficiency power electronics and its ESG-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents.

Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to ESG. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 13 consecutive years. Delta has also won CDP with double A List for 3 times for its substantial contribution to climate change and water security issues and has been named Supplier Engagement Leader for its continuous development of a sustainable value chain for 7 consecutive years.

For detailed information about Delta, please visit: www.deltaww.com

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SOURCE Delta Electronics

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Johnson Controls Announces Fourth Quarter 2024 Earnings Conference Call Webcast

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CORK, Ireland, Oct. 16, 2024 /PRNewswire/ — Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, announces the following webcast: 

What: Johnson Controls Fourth Quarter Fiscal 2024 Earnings Conference Call

When: Wednesday, Nov. 6, 2024, at 8:30 a.m. ET

How: The conference call for investors can be accessed in the following ways:

Live via webcast at http://investors.johnsoncontrols.com/news-and-events/events-and-presentations Note: A slide presentation will be available that morning for downloading.

Live via telephone (for “listen-only” participants and those who would like to ask a question) by dialing 833-816-1266 (in the United States) or +1-412-317-5636 (outside the United States).

Replay:  The replay can be accessed in the following ways:

Replay via webcast – if you are unable to participate during the live webcast, the call will be archived at http://investors.johnsoncontrols.com/news-and-events/events-and-presentations.

Replay via telephone – by dialing 877-344-7529 (in the United States) or +1-412-317-0088 (outside the United States), passcode 7942084, from 10:30 a.m. (ET) on Nov. 6, 2024, until 11:59 p.m. (ET) on Nov. 13, 2024.

About Johnson Controls

At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet.

Building on a proud history of nearly 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering.

Today, with a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world`s largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry.

Visit www.johnsoncontrols.com for more information and follow @Johnson Controls on social platforms.

INVESTOR CONTACT:                               

MEDIA CONTACT:

Jim Lucas                                                     

Danielle Canzanella

Direct: 414.340.1752                                     

Direct: 414.524.8687

Email: jim.lucas@jci.com                               

Email: Danielle.canzanella@jci.com

                                                                        

 

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SOURCE Johnson Controls International plc

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T-Mobile CFO, Former Costco CFO to Be Honored by Peers at 2nd Annual CFO Leadership Awards

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BRENTWOOD, Tenn., Oct. 16, 2024 /PRNewswire/ — StrategicCFO360 and the CFO Leadership Council, part of Chief Executive Group, are excited to announce the honorees of the 2nd annual CFO Leadership Awards, celebrating excellence in one of the most demanding, fast-changing roles in business.

Meet the 2024 CFO Leadership Awards Honorees:

Peter Osvaldik, CFO and EVP, T-Mobile – CFO of the Year: Osvaldik steered T-Mobile to new heights, overseeing the groundbreaking T-Mobile-Sprint merger. The merger has expanded 5G coverage to over 330 million Americans and delivered a whopping more than $70 billion in shareholder value since 2020, while simultaneously leading the wireless industry in share taking and service revenue growth.

Richard Galanti, Former CFO, Costco – Lifetime Achievement Award: Over 40 years with Costco, Galanti’s financial acumen built an empire of sustainable growth, with a 93% membership renewal rate and 17% annual stock growth.

Rising Stars recognizing CFOs earlier in their careers who have demonstrated tangible innovation, adaptability, initiative and strategic leadership:

Sandra Beaver, CFO, EvolusBill Blankemeier, CFO, High Brew Coffee/Be-liv USAJessica Elizabeth McClain, CFO, Girl Scout Council of the Nation’s Capital

Join us for the Awards Event

The awards will be presented live on December 9, 2024 in New York City, as part of a half-day educational and networking program for CFOs. For more event details and to register, visit StrategicCFO360.com/awards.

About the CFO of the Year and Lifetime Achievement Awards

The 2024 CFO Leadership Awards Selection Committee includes: Alastair Borthwick, CFO, Bank of America; Susan Diamond, CFO, Humana; Jeff Epstein, Leader, Bessemer Venture Partners CFO Council; Former CFO, Oracle; Gary Millerchip, EVP and CFO, Costco; Leeny Oberg, EVP and CFO, Marriott International; Richard Puccio, EVP, Finance and CFO, Analog Devices; Rachel Ruggeri, CFO, Starbucks; Aradhana Sarin, Executive Director and CFO, AstraZeneca; Tracey Travis, EVP and CFO, The Estée Lauder Companies.

Joe Shalleck, Partner & Managing Director, AlixPartners, who acts as a special advisor to the judges throughout the process, said: “Faced with so many truly strategic challenges—from technology to talent—this year’s honorees showcase the essential, painstaking work of CFOs, which goes well beyond the numbers. They have never been more central to the outperformance of truly great companies.”

About the CFO Rising Stars Award
Presented for the first time, a steering committee narrowed the list of nominations down to 10 finalists, from which CFO Leadership Council members (including 2,500 across the U.S.) selected their top 3 votes. The Rising Star committee includes: Michael Anderson, CFO, Techmotive; Melinda Lawrence, CFO, Divcon Controls; Kim Dodge, CFO, Phoenix 3 Holdings; Tim Naddy, VP of Finance, The Savannah Bananas; and Natalie Quan, VP and CFO, Financial Strategy and Business Excellence, CalCPA.

“The role of the CFO has changed in recent years, and they have emerged as a true strategic partner to the CEO and leaders across the entire organization,” said Jack McCullough, president of the CFO Leadership Council. “We felt that the contributions to their companies, and therefore to the global economy, needed to be recognized. It is our honor to be able to do so.”

About StrategicCFO360
StrategicCFO360 is the community powered by Chief Executive Group, publishers of Chief Executive and Corporate Board Member, designed to provide senior finance executives with the tools and insights they need to succeed as strategic leaders. StrategicCFO360 delivers timely research, informative thought leadership, dynamic conferences, and exclusive peer networks including the CFO Leadership Council and CFO Network. Learn more at StrategicCFO360.com

About The CFO Leadership Council
The CFO Leadership Council is a professional association whose mission is to empower senior financial executives to realize success in their careers, as well as for the people and companies they lead. Our members realize this success through the collaborative and energetic community we foster, which helps them build a professional network of their peers, as well as involves them in engaging discussions that deliver pragmatic and tangible insights on business and leadership issues. The CFOLC has a global community of over 2,000 members and hosts more than 300 events per year.

About Chief Executive Group
Chief Executive Group, the leading community for U.S. business leaders, publishes Chief Executive magazine, ChiefExecutive.net, Corporate Board Member magazine, BoardMember.com, StrategicCFO360.com, StrategicCIO360.com and StrategicCHRO360.com, and produces conferences and roundtables that enable C-Suite leaders to discuss key subjects and share their experiences with their peers. CEG also convenes numerous peer networks including Chief Executive Network, the CFO Leadership Council and Corporate Board Member Network. Visit ChiefExecutiveGroup.com for details.

About AlixPartners
For more than forty years, AlixPartners has helped businesses around the world respond quickly and decisively to their most critical challenges—circumstances as diverse as urgent performance improvement, accelerated transformation, complex restructuring and risk mitigation. These are the moments when everything is on the line—a sudden shift in the market, an unexpected performance decline, a time-sensitive deal, a fork-in-the-road decision. But it’s not what we do that makes a difference, it’s how we do it. Tackling situations when time is of the essence is part of our DNA—so we adopt an action-oriented approach at all times. We work in small, highly qualified teams with specific industry and functional expertise, and we operate at pace, moving quickly from analysis to implementation. We stand shoulder to shoulder with our clients until the job is done, and only measure our success in terms of the results we deliver. Our approach enables us to help our clients confront and overcome truly future-defining challenges. We partner with you to make the right decisions and take the right actions. And we are right by your side. When it really matters.

Media Contact:
Dan Bigman
212-867-1677
384921@email4pr.com 

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SOURCE Chief Executive Group

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