Identifying the Factors for Successfully Managing Supply Chain Risks

Sime Curkovic

May 3, 2021February 14, 2023

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This project’s focus was on the structure, implementation, and maintenance of a formal system for managing risks in the supply chain. A common theme is that the decision to manage supply chain risks constitutes a major undertaking for most firms. Such an undertaking, it is argued, does not take place in a vacuum. Rather, it...

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We are teaching our students to look at raw material market data from multiple sources, visualize & analyze historical pricing scenarios, & simulate planned purchases & what-if scenarios against forward price curves. Why?

Sime Curkovic March 25, 2023March 25, 2023
Reminder: Effective in Feb 2023, CPIM will be reconfigured under version 8.0 moving from 2 courses & 2 exams to 1. Students: 3 supply chain orgs you can join (ISMworld.org-$35, CSCMP.org, $40 & ASCM.org for free!). SCM pros w/ at least 1 APICS cert have a median salary of $90K, which is 27% higher than those w/o a cert. (according to the 2021 Career Report).

Sime Curkovic January 28, 2023January 28, 2023
Well, that darn MBA degree still has a great ROI…“Over their lifetime, an MBA grad can expect to earn $3M more than someone w/ only a bachelor’s.” Great ROI!?…At about 98% of universities that offer MBAs, grads typically made more money 2 years out of school than they had borrowed. That stands in contrast to law schools, where roughly 6% of programs had grads w/ higher median earnings than debt in the same time frame.

Sime Curkovic January 28, 2023January 28, 2023

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We are teaching our students to look at raw material market data from multiple sources, visualize & analyze historical pricing scenarios, & simulate planned purchases & what-if scenarios against forward price curves. Why?