Month: May 2022

College Accounting to me feels like Supply Chain Finance.

College Accounting to me feels like Supply Chain Finance. The Accounting Minor for SCM Majors seems like a great fit & has grown on me. Long term in your careers, understanding SCM Finance will be critical. The worlds of Finance & SCM have collided. Your opportunities are endless if you learn how to talk to the CFO…https://lnkd.in/eJnVHrsM Do you know what this means? 2/10 net 30 (now employers want Supply Chain Managers to...

I have some students making final decisions on job offers & some are asking if college grads should negotiate a higher starting salary.

I have some students making final decisions on job offers & some are asking if college grads should negotiate a higher starting salary. I say, yes, but only if you know how to negotiate. I do have students that get offers in the $50K-$60K range & many successfully negotiate > $60K. That is a 10-20% bump before you even start! Many people have to work a few years to get that bump. ...

Help with online interviews & interviewing with robots (it is AI/machine learning technology)

I have soooo many students asking about STAR job interviews & online robots…https://lnkd.in/ePzz3NG and https://lnkd.in/eZgTxWcSTAR is a structured manner of responding to a behavioral-based interview question by discussing the situation, task, action, & result. Most companies use STAR. Star Method:Tell me of a time when you had to work within a group where the members did not get along? How did you handle the situation? SituationInteractive Qualifying Project Team. One team member...

Noteworthy statistics about women in the workplace:

Noteworthy statistics about women in the workplace: *Regarding financial performance, the bottom 20% of F500 orgs place women in 19% of their leadership positions. *In contrast, in the top 20% of F500 orgs, 37% of leadership positions are filled by women.  https://www.linkedin.com/posts/sime-curkovic-61617a115_zhang-career-center-speakers-address-gender-activity-6927255263708151809-zUg4?utm_source=linkedin_share&utm_medium=member_desktop_web https://wmich.edu/news/2022/04/67861 The Haworth College of Business's Zhang Career Center recently hosted a Student Professional Readiness Series (SPuRS) event covering a timely topic: gender in the workplace. SPuRS is...

I am only slightly tired of explaining to EVERYONE I meet what is wrong with the global supply chain.

I am only slightly tired of explaining to EVERYONE I meet what is wrong with the global supply chain. This WSJ documentary reveals the vulnerabilities of the supply chain. Trendy things we are doing in the WMU ISM supply chain program… https://www.wsj.com/video/series/chain-reaction/why-global-supply-chains-may-never-be-the-same-a-wsj-documentary/4EFE56B6-8A1D-4478-9F88-8F055AFBF675?mod=wsj_brd_vid_print_apr_chainreaction_homepage&utm_content=206110582&utm_medium=social&utm_source=linkedin&hss_channel=lcp-5096852 1. Getting hit w/ a price increase? We will be looking at raw material market data from multiple sources, we will visualize & analyze historical pricing scenarios, & do...

It was my pleasure to work with Ecuador’s supply chain leaders as we are in it together

It was my pleasure to work with Ecuador’s supply chain leaders as we are in it together (more so than ever)…Mr. Santiago Najera,Operational planning manager at Pronaca || General secretary at Asolog - Quinto, Ecuador https://lnkd.in/dRxM58Dy https://www.youtube.com/watch?v=HCnsH5JPtss&t=14s Being able to perform properly within the supply chain requires us to develop multiple skills. The main skills we require are: Problem solving; soft skills; and know how to present and analyze data (data...

Getting hit with a price increase? SCM Managers & CFOs & our students love this cloud platform!

Getting hit with a price increase? SCM Managers & CFOs & our students love this cloud platform! It looks at raw material market data from multiple sources, visualizes & analyzes historical pricing scenarios, & simulates planned purchases & what-if scenarios against forward price curves. Our grads will be ready.https://lnkd.in/ggPFSumH Very common theme with my Supply Chain grads. Spot on Dr. Handfield. In the Fall, we will also be looking at...

If you combine these, Supply Chain is the jobs category w/ the greatest 1 month increase:

If you combine these, Supply Chain is the jobs category w/ the greatest 1 month increase: #2 Mfg; #3 Transp/warehousing; #7 Retail trade; #8 Wholesale trade. https://www.cnbc.com/2022/05/06/heres-where-the-jobs-are-for-april-2022-in-one-chart.html Note, all industries have a supply chain. 10 college majors that earn the most money: https://lnkd.in/gPHjFM2uDoesn’t #2 & #6 sound like "Supply Chain Management + Engineering"? In other words, the WMU ISM supply chain program? Per Fortune, “Over their lifetime, an MBA graduate can expect...

“There isn’t enough young people working in supply chain”

“There isn’t enough young people working in supply chain”...https://lnkd.in/gMqxdxfr Note, there are not enough young people in general. Last year, deaths exceeded births in fully half of the US states. Michigan’s young population has shrunk the MOST at -14%. Birth rates have plunged in states where the 0-25 population is shrinking. What does the decline of young people mean to US industries?...https://lnkd.in/geyWT2iH From Sime: Econ 101 says you cannot raise the standard of...

SCM Data Scientist (>170,000 unfilled jobs on LinkedIn!)

SCM Data Scientist (>170,000 unfilled jobs on LinkedIn!), these orgs place a premium ($) on- 1. Advanced Excel (power query & pivot) & macros; 2. Data visualization (Tableau, Power BI & python w/ seaborn & matplotlib);3. Data mining/RapidMiner, machine learning & data science;4. Python & Jupyter notebook (data analytics & statistical libraries such as pandas, numpy);5. Relational data models (Excel data model);6. Graphic & statistical libraries (Seaborn, Matplotlib, Pandas, & Plotly)....