What do Supply Chain internships pay (and they all pay, never work for free)…

What do Supply Chain internships pay (and they all pay, never work for free)…

Salary Report: Here is the full salary report What do supply chain internships pay (and they all pay, never work for free)?  The going rate is $16-27 per hour.  Note, this data is around 4 years old.  Also, see full time starting salaries from supply chain graduates. I just wanted to clarify that all SCM internships are paid internships and they tend to pay very well.  The companies at the...
Here is some advice from SCM majors if you take a CAD class (that way you can talk to engineers at work)

Here is some advice from SCM majors if you take a CAD class (that way you can talk to engineers at work)

Helpful Websites for EDMM 1420 - Engineering Graphics (our CAD class). Course description: Essentials of engineering graphics including technical sketching, CAD applications, applied geometry, orthographic projection, section, dimensioning, tolerancing, threads and fasteners, weldments, detail and assembly drawing, charting and basic elements of descriptive geometry. All work is according to current ANSI drafting standards. Previous technical drawing is recommended. Spend lots of time with the TA & try to take it...
These stats came out from ISM Supply Chain Weekly (you get this if you join ISM.ws)

These stats came out from ISM Supply Chain Weekly (you get this if you join ISM.ws)

Companies within the same industry (and even across different industries such as aerospace, steel, chemical, etc.) are dependent on each other. The flows are more intertwined ("Integrated" supply management) than ever before. In a recent study, 90 percent of manufacturing companies report having some level of outsourcing (no big surprise, right?). Thirty percent outsource 40 percent or more of their manufacturing (hmmm, now this is getting interesting). Logistics levels of...
What is MRO?  It is a type of indirect cost. Great career path!

What is MRO? It is a type of indirect cost. Great career path!

What is MRO?  It is a type of indirect cost.I would watch this first beginning at the 12:15 mark... https://www.youtube.com/watch?v=n879P75eSUs&t=1380s Please click below for a copy of our Indirect Procurement Research report with Microsoft. It was subsequently published in Supply Chain Management Review (which is like the Harvard Business Review of SCM)... Click here for a copy of our Indirect Procurement paper with MSFT published in SCMR A couple of...
Assume a supplier estimates the following costs on an RFQ

Assume a supplier estimates the following costs on an RFQ

Assume a supplier estimates the following costs on an RFQ (Request for Quote - buyer wants supplier to quote on some potential business):Potential supplier says to you (you are the buyer/potential customer): Costs of Direct Materials $12,000Cost of Direct Labor $3,000Cost of Overhead $4,500Total Costs $19,500Profit $2,340Price $21,840What is the minimum price a desperate supplier might be willing to quote if this is their cost information? Answer:  $15,000 because it...
dd/mm/yyyy or dd.mm.yyyy (day, month, year)? Don’t screw this up at work!

dd/mm/yyyy or dd.mm.yyyy (day, month, year)? Don’t screw this up at work!

Managers screw this up regularly... A lot of mistakes are made because of this simple thing... Do not make this mistake when you are dealing with global suppliers and customers... dd/mm/yyyy or dd.mm.yyyy (day, month, year)?Notice that most countries write day/month/year (Europe in particular). We in the U.S. do month/day/year (9/27/08) is September 27, 2008 - this is not a date in most countries). Keep it safe in a multinational...
Where did the middle-class go? Let’s restore the middle-class in Kzoo with new factories.

Where did the middle-class go? Let’s restore the middle-class in Kzoo with new factories.

I wrote an article for the Kalamazoo Gazette a few years back. My editorial was in response to the 750 striking UAW hourly workers at the American Axle factory in Three Rivers, MI. These hourly workers make around $65 per hour with benefits and management wants to cut their pay/benefits in half. These strikes have started to shutdown several suppliers and GM factories. You should be able to read this...
Supply Chain Management Jobs in the Government

Supply Chain Management Jobs in the Government

Pasted below is feedback from a former student who works at TACOM (government SCM jobs). https://www.usajobs.gov/GetJob/ViewDetails/535915100 These jobs do require U.S. citizenship and this is a unionized workforce.  Yes, unions only make up around 10-13% of America's workforce and most of them are actually government employees.  Pasted below is feedback from a former student who works at TACOM (who often has several job openings in Warren, MI).  This sounds like...
Do you know what this means? 2/10 net 30 (now employers want you to be Financiers!!??)

Do you know what this means? 2/10 net 30 (now employers want you to be Financiers!!??)

The good news is that they will pay more for more strategic skills...Here is my lecture to reinforce all of this... https://www.youtube.com/watch?v=sRl2O5YI2h8&t=21s A Purchase Order is a contract between a buyer and supplier. Over half of our students get their first full-time jobs in procurement/purchasing/sourcing in a buyer type of role.  One of those job responsibilities will be to negotiate payment terms upon which you pay a supplier.  When you...
Purchase Orders and Advanced Contract Management (now they expect you to be lawyers??!!)

Purchase Orders and Advanced Contract Management (now they expect you to be lawyers??!!)

My version of the basic terms/conditions in a P.O. Save the above for your files. I consider this to be the basic terms and conditions associated with most Purchase Orders.  It lists all the most common terms and conditions typically associated with most industrial buying organizations and their suppliers. A contract between a buyer and supplier is often referred to as a Purchase Order (PO).  The terms and conditions on...