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Business Upturn
12 hours ago
- Business
- Business Upturn
Lenovo and Bellevue University Team Up to Offer Supply Chain and Logistics Education to Deliver 'Smarter Technology for All'
Bellevue, Neb., United States: Lenovo, the global technology powerhouse, recognized in the top 10 in the Gartner Supply Chain Top 25, and Bellevue University, one of the nation's top online universities, are teaming up to develop the next generation of supply chain professionals. 'We believe that bringing real-world Global Supply Chain experience and learning directly into an education curriculum is precisely the optimal way to upskill the workforce of the future,' said Ben Massie, Vice President, Global Supply Chain, Lenovo. 'Teaming up with Bellevue allows us to attract the right talent using the right technology and deliver on our mission to make 'smarter technology for all' a reality.' As a preferred higher education institution tapped to team up with Lenovo to offer supply chain short-term learning, Bellevue will leverage the breadth and depth of Lenovo's supply chain expertise across its diverse learner and corporate partner network. Massie continued, 'With a network of over 30 manufacturing sites across nine markets, Lenovo's supply chain is one of our core strengths. By bringing our real-life case studies and insights into the curriculum, we aim to equip students with the skills to succeed in the complex and dynamic working environment. Partnering with Bellevue University, which has a strong track record of working with organizations, allows us to share our knowledge and together build the supply chain experts of the future.' According to a 2024 McKinsey & Company report, a shortage of talent, particularly digital talent, continues to hinder companies' supply chain transformation efforts. Ninety percent of companies surveyed in the report said they lack sufficient talent to meet digitization goals. Now, individuals who enroll in the Supply Chain Operations & Project Management Certificate of Completion can gain sought-after skills through two three-credit hour courses – Management of Supply Chain Operations and Advanced Lean Six Sigma Green Belt. The master's-level courses can be taken concurrently, allowing learners to complete the certificate of completion in under eight months. 'With a deep focus on employee growth planning, we're uniquely qualified to help adult learners and the employers we partner with upskill or reskill their supply chain workforce,' said Dr. Rich Lombardo, Executive Director of Bellevue University's Workforce Skills Academy. 'Working together, we can ensure that the next generation has the skills and knowledge needed to deal with the complexities that are ever-present in global supply chains.' Lenovo's global supply chain leadership provides a singular resource for students and professionals to understand how diversifying manufacturing operations and supply chain resources helps companies thrive during unpredictable periods—a proven, real-world arena for students to apply their education. Lenovo also deploys original AI solutions across its own operations, prioritizes sustainability, and pioneers essential, end-to-end cybersecurity offerings. Dr. Lombardo added that those who complete the Bellevue-Lenovo program will receive two digital badges, a certificate of completion, and six graduate-level credit hours transferable to a master's degree. About Lenovo Lenovo is a US$69 billion revenue global technology powerhouse, ranked #248 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world's largest PC company with a full-stack portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo's continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit and read about the latest news via our StoryHub. About Bellevue University's Workforce Skills Academy Through the Workforce Skills Academy, Bellevue University empowers organizations to transform their workforce with innovative employee growth strategies, consultation and assessment support, custom funding solutions and industry-relevant offerings. The Workforce Skills Academy is rooted in Bellevue University, a non-profit university founded in 1966 that today has more than 70,000 graduates worldwide. The University is a recognized national leader in preparing students for lifelong success with career-relevant knowledge and skills, while making college affordable. Routinely ranked among the nation's top military and accessible institutions, the University serves residential students at its main campus in Bellevue, Nebraska, and everywhere online with more than 85 degree programs uniquely designed for working adults. The University is accredited by The Higher Learning Commission ( View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Yahoo
13 hours ago
- Business
- Yahoo
Jagriti Singh joins 365 Finance as Head of Credit
UK-based SME lender 365 Finance has appointed Jagriti Singh as its new Head of Credit. In a statement, the firm said Singh's experience in credit strategy, risk management and advanced analytics will help underpin its expansion plans, including a move to scale originations to £200 million annually. Singh was previously Head of Risk Analytics Strategy at Virgin Money, where she led a team within the bank's model risk function. Her role included oversight of major change programmes, such as the transformation of data aggregation and reporting, and driving automation to support compliance. 365 Finance CEO Warren Abbey said Singh's track record in building risk analytics frameworks and delivering digital transformation 'perfectly aligns' with the firm's plans to expand responsibly. 'As we continue our rapid expansion into new markets like Ireland,' he said, 'Jagriti's expertise will be instrumental in maintaining our industry-leading approval rates.' Prior to Virgin Money, Singh was a risk expert at McKinsey & Company, working with European financial institutions on AI-driven credit frameworks, natural language processing (NLP) models for credit scoring, and hedge fund portfolio monitoring tools. Her appointment comes as 365 Finance reports year-on-year growth of over 50% in funded deals. Commenting on her new role, Singh said: 'The combination of cutting-edge AI technology and a customer-centric approach to SME lending represents the future of financial services. I look forward to enhancing our credit analytics capabilities to support even more businesses.' Singh holds technology degrees from the Indian Institute of Technology, Bombay, and is certified as an AWS Cloud Practitioner with expertise in Python, R and machine learning. Her appointment follows a £150 million debt facility secured by 365 Finance from Pollen Street Capital and the company's entry into the Irish market, where it plans to grow lending to over €100 million. "Jagriti Singh joins 365 Finance as Head of Credit" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Time of India
a day ago
- Business
- Time of India
India's ultra-rich population to grow fastest in world, up 50 per cent by 2028: Report
Representative AI image NEW DELHI: India is projected to witness the fastest growth in its ultra-high-net-worth individual (UHNWI) population globally, increasing by 50 per cent between 2023 and 2028, according to a report by McKinsey & Company and The Business of Fashion (BoF), as quoted by ANI. This anticipated surge aligns with a robust outlook for India's luxury market, which is expected to grow between 15 and 20 per cent in 2025. The report attributes this growth to structural and demographic shifts, along with expanding retail infrastructure in tier-one cities. Recent developments such as the opening of Jio World Plaza and the planned entry of Galeries Lafayette are expanding luxury retail footprints in major urban centres. Meanwhile, the government has introduced new import taxes on luxury goods priced above Rs 700,000 (approximately USD 8,400) to encourage domestic spending—despite the prevailing 28 per cent Goods and Services Tax (GST) on luxury items. In comparison, Japan- the second-largest market for UHNWIs in Asia- is forecast to see its wealthy population grow by over 12 per cent from 2023 to 2028. Japan's luxury sector is expected to grow by 6 to 10 per cent in 2025, buoyed by strong domestic consumption and tourism. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Buy Brass Idols - Handmade Brass Statues for Home & Gifting Luxeartisanship Buy Now Undo India's broader economic ascent is also reinforcing this trend. Niti Aayog CEO BVR Subrahmanyam recently confirmed that India has overtaken Japan to become the world's fourth-largest economy, citing data from the International Monetary Fund (IMF). According to the IMF's April 2025 World Economic Outlook, India's nominal GDP is projected to reach USD 4.187 trillion in FY2026, marginally ahead of Japan's estimated USD 4.186 trillion. Between 2019 and 2023, the global luxury industry recorded exceptional growth, with demand for personal luxury goods—including fashion, handbags, watches, and jewellery—driving a compound annual growth rate (CAGR) of 5 per cent. Luxury brands outperformed broader markets and achieved record profit margins during this period. However, 2025 has brought a notable slowdown across the sector. The report indicates a decline in luxury value creation for the first time since 2016 (excluding the pandemic-hit year of 2020), with several key growth drivers—including strong Chinese consumer demand—losing momentum. China, which had recorded over 18 per cent annual growth in the luxury segment between 2019 and 2023, is now experiencing economic headwinds that are weighing on global performance. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
India Gazette
2 days ago
- Business
- India Gazette
India's ultra-rich population to rise 50% by 2028, fastest globally: Report
New Delhi [India], June 1 (ANI): India will witness the world's fastest growth in the number of ultra-high-net-worth individuals (UHNWIs), with their population expected to surge by 50 per cent between 2023 and 2028, according to a report by McKinsey & Company and BoF. The state of fashion luxury report says that the Indian luxury market is expected to grow between 15 and 20 per cent in 2025, fuelled by demographic and structural shifts. According to the report, new luxury malls and department stores, such as the Jio World Plaza and Galeries Lafayette, are increasing luxury real estate in tier-one cities. It further adds that the newly increased taxes on imported goods over Rs 700,000 (USD 8,400) are expected to encourage domestic spending, although the domestic Goods and Services Tax on luxury goods remains high at 28 per cent. Compared to the Indian growth, the Japanese luxury market is expected to grow between 6 and 10 per cent in 2025, retaining its position as a core luxury market. The growth in Japanese markets will be driven by both solid domestic demand and tourism spending. Recently, NITI Aayog CEO BVR Subrahmanyam announced that India has overtaken Japan to become the world's fourth-largest economy. Citing data from the International Monetary Fund, the CEO of India's apex think tank stated that India's economy has reached the USD 4 trillion mark. As per the report, Japan is home to the second-largest number of UHNWIs in Asia, which is expected to grow by more than 12 per cent from 2023 to 2028. The growth rate of UHNWIs in India is more than that of Japan. According to the IMF's April edition of the World Economic Outlook report, India's nominal GDP for fiscal 2026 is expected to reach around USD 4.187 trillion. This is marginally more than Japan's likely GDP, which is estimated at USD 4.186 billion. The report added that over the past five years, the luxury industry experienced a period of exceptional value creation. Between 2019 and 2023, unprecedented demand for personal luxury goods -- fashion, handbags, watches and jewellery among them -- combined With a deep well of supply allowed the sector to achieve a 5 per cent compound annual growth rate. Luxury brands outperformed global markets and achieved new profitability records. But in the year 2025 so far, the luxury industry has faced a significant slowdown that has hit even top brands hard. For the first time since 2016 (excluding 2020), luxury value creation declined. Several of the industry's growth-driving engines have stalled. Macroeconomic headwinds --especially in the key China market, which grew more than 18 per cent annually from 2019 to 2023 -- are weighing heavily on the sector, the report highlighted. (ANI)
Time of India
2 days ago
- Business
- Time of India
India's ultra-rich population to rise 50% by 2028, fastest globally: Report
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel New Delhi: India will witness the world's fastest growth in the number of ultra-high-net-worth individuals (UHNWIs), with their population expected to surge by 50 per cent between 2023 and 2028, according to a report by McKinsey & Company and state of fashion luxury report says that the Indian luxury market is expected to grow between 15 and 20 per cent in 2025, fuelled by demographic and structural to the report, new luxury malls and department stores, such as the Jio World Plaza and Galeries Lafayette, are increasing luxury real estate in tier-one cities. It further adds that the newly increased taxes on imported goods over Rs 700,000 (USD 8,400) are expected to encourage domestic spending, although the domestic Goods and Services Tax on luxury goods remains high at 28 per to the Indian growth, the Japanese luxury market is expected to grow between 6 and 10 per cent in 2025, retaining its position as a core luxury market. The growth in Japanese markets will be driven by both solid domestic demand and tourism NITI Aayog CEO BVR Subrahmanyam announced that India has overtaken Japan to become the world's fourth-largest data from the International Monetary Fund, the CEO of India's apex think tank stated that India's economy has reached the USD 4 trillion per the report, Japan is home to the second-largest number of UHNWIs in Asia, which is expected to grow by more than 12 per cent from 2023 to 2028. The growth rate of UHNWIs in India is more than that of to the IMF's April edition of the World Economic Outlook report, India's nominal GDP for fiscal 2026 is expected to reach around USD 4.187 trillion. This is marginally more than Japan's likely GDP, which is estimated at USD 4.186 report added that over the past five years, the luxury industry experienced a period of exceptional value creation. Between 2019 and 2023, unprecedented demand for personal luxury goods -- fashion, handbags, watches and jewellery among them -- combinedWith a deep well of supply allowed the sector to achieve a 5 per cent compound annual growth brands outperformed global markets and achieved new profitability records. But in the year 2025 so far, the luxury industry has faced a significant slowdown that has hit even top brands hard. For the first time since 2016 (excluding 2020), luxury value creation of the industry's growth-driving engines have stalled. Macroeconomic headwinds --especially in the key China market, which grew more than 18 per cent annually from 2019 to 2023 -- are weighing heavily on the sector, the report highlighted.
