Day: September 5, 2021

Here are some points on how to approach a new technology investment

If a company wanted to get started with using Robotic Process Automation (RPA), where & how should they begin? https://lnkd.in/eQYrHUMHave you heard of RPA? That is basically software that makes use of ML & AI to do routine manual SCM activities like process a Purchase Order. These processes tend to be manual, tactical, & clerically driven. However, that RPA software is learning from itself on how to do things better, faster,...

Long term in your careers, understanding SCM Finance will be critical.

Do you know what this means? 2/10 net 30 (now employers want Supply Chain Managers to be Financiers!!??) https://lnkd.in/e2TztjYThe worlds of Finance and SCM have collided. Your opportunities are endless if you learn how to talk to the CFO…https://lnkd.in/e7_Bu9q My discussion on why I maybe recommend a Finance graduate degree for SCM students: https://lnkd.in/ewNBvPf and https://lnkd.in/ewA2yq7 The good news is that industry will pay more for more strategic skills (i.e., Finance)… Long term in your...

Common themes from former students in government SCM jobs

Subject: Read: Pasted below is feedback from a Bronco ISMer who works at TACOM (government SCM jobs) No one buys and spends more, and moves more stuff around than the government... From a former student…Hello Sime,Feel free to blast this out. The locations have not been determined yet but I know that last summer the Detroit Arsenal (my work location in Warren) was one of the eligible locations. https://lnkd.in/e9CbVnZbI love seeing our WMU ISM...

For a quick commentary on why employers now also expect you to be a Data Scientist

I have had several people ask me about “Industry 4.0” or “Supply Chain 4.0” or “Digitization” of the Supply Chain. https://lnkd.in/eZfHNqyMost simply want to know what it means & how it will impact SCM.For a quick commentary on why employers now also expect you to be a Data Scientist, see: https://lnkd.in/eqs3qwG Notice in the video that I repeatedly said a huge part of Industry 4.0 will be taking all the “manual” processes...

You do not need an MBA or a Master’s degree to get your Ph.D.

Advice on getting a Ph.D./doctorate (i.e., in Business or Supply Chain Management – any desire to be a college professor)? https://lnkd.in/ekpgzBs Salary Ranges for Associate Professor Supply Chain Management. The salaries of Associate Professor Supply Chain Management in the US range from $136,000 to $204,000 , with a median salary of $170,000 . The middle 67% of Associate Professor Supply Chain Managements makes $170,000, with the top 67% making $204,000. https://www.comparably.com/salaries/salaries-for-associate-professor-supply-chain-management I actually...

ArcGIS is a technology that can help companies manage risk.

Should Supply Chain professionals learn ArcGIS Pro? https://lnkd.in/eVp6CwwHave you heard about supply chain risk lately? ArcGIS is a technology that can help companies manage risk. Nationally, almost zero SCM graduates will have this on their resume. Someone recently asked me about taking GEOG 3010 (our ArcGIS Pro class). GEOG 3010 provides you with a skill set that no other SCM student will ever have. GEOG 3010 - Fundamentals of GISAn introductory course that...

A company can still hire you if you have a criminal record, it is their choice.

Drugs & if you have a criminal record or plan on having one…https://lnkd.in/e9CbmqxA company can still hire you if you have a criminal record, it is their choice. Similarly, they can still hire you if you fail a drug test (most will not however). If they ask if you have a criminal record, then you have to be honest with them. If you lie, then they will find out and they will not...

Can Kalamazoo Lure New Factories?

Can Kalamazoo Lure New Factories? https://lnkd.in/ejEwDhhSelling points include:1. Access to trade skills through a world class community college (KVCC).2. I-94 has been widened through Kalamazoo.3. Kzoo is equi-distant from the tool & die industry (South bend & GR, & also Detroit & Chicago, & a gateway to Canada). 131 to GR has been developed & there will be a bypass to South Bend. A factory would need quick & easy access to...

Does a law degree make sense in Supply Chain?

POs & Advanced Contract Mgmt (now they expect you to be lawyers?!)Does a law degree make sense in Supply Chain? https://lnkd.in/eE25asK50% of the World’s Lawyers are American (we are 4% of the global population)! For a copy of my version of the basic terms/conditions in a SCM P.O., see: https://lnkd.in/eE25asK U.S. Tort Costs as a % of GDP: 2.40% (the avg for industrialized nations is .8%)  A contract between a buyer and...

For every $1 made by a man in the state of Michigan, women earn $.76 (used to be $.66).

Female Supply Chain students & professionals (the opportunities are endless). https://lnkd.in/egF4kWMFor every $1 made by a man in the state of Michigan, women earn $.76 (used to be $.66). That is around the ninth largest gap in the country (we used to be third worst). Nationally, the gap is $.18. Note, the opportunities right now in SCM are endless for everyone, especially women. According to ISM's median salary data, women in the supply-chain...