Month: June 2022

Net Alpha Announces materialx Decision Support – A Cloud-Based Service for Supply Chain Management Organizations that Enables Better Raw Material Purchase Decisions

Surprised by raw material price increases? At the WMU ISM supply chain management program we teach our students to track commodity forward price curves. Here’s a quick video of Net Alpha’s cloud based materialx Decision Support service that is being made available to our students in class as they prepare to become future SCM managers. I have asked a lot of SCM managers how they “prepare” to negotiate price increase...

“$ of Assoc Prof Supply Chain range $136K-204K in U.S., w/ median salary of $170K . The middle 67% make $170K, w/ the top 67% making $204K.” Want to become a college professor? If so, let’s get started..

"$ of Assoc Prof Supply Chain range $136K-204K in U.S., w/ median salary of $170K . The middle 67% make $170K, w/ the top 67% making $204K." Want to become a college professor? If so, let's get started...https://lnkd.in/eg7Gvwhs https://www.linkedin.com/posts/sime-curkovic-61617a115_want-to-become-a-college-professor-activity-6939913735910150144-ceQg?utm_source=linkedin_share&utm_medium=member_desktop_web Watch: https://lnkd.in/e2hezwUhttps://lnkd.in/gMy3nwS2 "...particularly for the academic elite, w/ salaries increasing. According to the AACSB, between 2007/08 & 2020/21, avg pay for the highest-ranked business school professors across all disciplines rose by 36% cent from $127,200...

I talked to a group of high schoolers (& their parents) that were thinking about majoring in supply chain. Two common questions were: what do SCM classes look like & who hires WMU ISM grads (see below)?

I talked to a group of high schoolers (& their parents) that were thinking about majoring in supply chain. Two common questions were: what do SCM classes look like & who hires WMU ISM grads (see below)? I did my best to make it all sound cool & I even quoted Bon Jovi & G-N-R, but they had no idea who I was talking about. A piece of advice I offered (see...

Based on the May 2022 PMI, I am NOT betting against the American economy. Pre-covid, the U.S. economy grew 131 months in a row! Current streak = 24 months & May 2022 PMI = 56.1%!

Based on the May 2022 PMI, I am NOT betting against the American economy. Pre-covid, the U.S. economy grew 131 months in a row! Current streak = 24 months & May 2022 PMI = 56.1%! Also: # of unfilled jobs=11.5 million! Recession my $^%.ISM PMI mfg. index:https://lnkd.in/ga9yFFDJhttps://lnkd.in/enaQSSRi https://advisor.visualcapitalist.com/economic-predictions-for-2022-and-2023/ Make sure you understand how to interpret the ISM MFG index (also called the PMI – Purchasing Managers’ Index). For example, if it...

FYI: America still makes a lot of stuff. U.S. Manufactures approx. 20% of World’s Output (we are only 4% of global population); China makes 28% (they passed the U.S. in 2012ish). So, 2 countries make almost ½ the world’s stuff.

FYI: America still makes a lot of stuff. U.S. Manufactures approx. 20% of World's Output (we are only 4% of global population); China makes 28% (they passed the U.S. in 2012ish). So, 2 countries make almost ½ the world’s stuff. Another FYI, The industrial sector uses more delivered energy than any other end-use sector, consuming about 54% of the world's total delivered energy. https://www.visualcapitalist.com/us-largest-trading-partners-2022/ Basically, the dollar value output of...

See Page 15 of the Gartner report on how to best recruit SCM talent. For me, the most important part was on Page 16: “The top 10-15 supply chain programs are crowded and expensive. Consider others, even beyond the Top 25.”

See Page 15 of the Gartner report on how to best recruit SCM talent. For me, the most important part was on Page 16: "The top 10-15 supply chain programs are crowded and expensive. Consider others, even beyond the Top 25."  https://www.gartner.com/en/newsroom/press-releases/2022-06-07-gartner-announces-rankings-of-the-2022-north-american-supply-chain-undergraduate-university-programs https://www.gartner.com/en/supply-chain/research/supply-chain-university-top-25 The report is intended to support chief supply chain officers (CSCOs), heads of supply chain strategy and supply chain HR partners to identify the programs best equipped to...

This video is a classic & could still be used as a powerful Lean teaching tool. Yes, WMU SCM students get Lean Six Sigma Yellow Belt certified…

This video is a classic & could still be used as a powerful Lean teaching tool. Yes, WMU SCM students get Lean Six Sigma Yellow Belt certified...A study by Noble Institute of Quality Certification suggests that w/i 3-7 yrs of cert, one could see an increase in salary 30% over a peer that does not have a cert. See video at: https://www.linkedin.com/posts/sime-curkovic-61617a115_problemsolving-yellowbelt-sixsigma-activity-6944978885948190720-b_fF?utm_source=linkedin_share&utm_medium=member_desktop_web This is a standardized test, the same test...

FMK + ISM = Multiple Job Offers (i.e., Stryker, J & J, Kellogg’s, Hormel, Pepsi, Coca-Cola, etc.). WMU FMK & WMU ISM: Ranked Top 10

Will something be for sale (Cereal, lower margin)? What of Battle Creek HQ? Does the Kellogg's logo keep shrinking on the box? What stays (Snacks, wide margins)? It's hard to keep up w/, some students double major FMK+ISM - Food & Consumer Packaged Goods Marketing (FMK) + Integrated Supply Management (ISM). https://wwmt.com/news/local/kellogg-company-battle-creek-split-independent-global-snacking-north-america-cereal-plant-chicago FMK + ISM = Multiple Job Offers (i.e., Stryker, J & J, Kellogg’s, Hormel, Pepsi, Coca-Cola, etc.). WMU...

Google’s “Interview Warmup” asks practice job interview questions, then gives feedback on your spoken answers. If you can’t practice w/ another human for an upcoming job interview, Google has a new solution: Talk to its computer.

Google's "Interview Warmup" asks practice job interview questions, then gives feedback on your spoken answers. If you can’t practice w/ another human for an upcoming job interview, Google has a new solution: Talk to its computer. https://www.huffpost.com/entry/google-interview-warmup-job-interview-practice-questions_l_62967c7ae4b05fe694ed9e37 Also, I have soooo many students asking about STAR job interviews & online robots…https://lnkd.in/ePzz3NG and https://lnkd.in/eZgTxWc STAR is a structured manner of responding to a behavioral-based interview question by discussing the situation, task, action, & result. Most companies...

The industrial sector (factories) uses more delivered energy than any other end-use sector, consuming about 54% of the world’s total delivered energy. Also, CO2 emissions: China is 30% of global total, U.S. is 15%. Again, close to ½ from two countries.

FYI: America still makes & exports a LOT of stuff. U.S. Manufactures approx. 20% of World's Output (we are only 4% of global population); China makes 28% (they passed the U.S. in 2012ish). So, 2 countries make almost ½ the world’s stuff. Another FYI, the industrial sector (factories) uses more delivered energy than any other end-use sector, consuming about 54% of the world's total delivered energy. Also, CO2 emissions: China...