Day: August 30, 2022

Last month I had a student ask me why don’t all those shipping containers have smart phones attached to them? I said I am very certain some do. He asked what %? I was like a deer in headlights, no idea. I guessed & said < 1%. Per this article, I guessed well:

Did you know that 80% of the global goods trade is transported over sea? FYI: COSCO Shipping (#4 on list) is China’s state-owned shipping company. For context, Chinese state-owned enterprises have ownership stakes in terminals at five U.S. ports. https://www.visualcapitalist.com/worlds-largest-container-shipping-companies-2022/ Last month I had a student ask me why don’t all those shipping containers have smart phones attached to them? I said I am very certain some do. He asked what %? I...

We studied the top skills in analytics jobs & Python was among the top skills. The visualization libraries in Python can produce the kind of visualizations not available in Tableau & Power BI. Students will be able to differentiate themselves from other schools.

We studied the top skills in analytics jobs & Python was among the top skills. The visualization libraries in Python can produce the kind of visualizations not available in Tableau & Power BI. Students will be able to differentiate themselves from other schools.  Is Python a must-have skill in the supply chain? 200K vacant jobs on LinkedIn say yes. If you want to specialize in data & become a Supply Chain Analyst...

What Is Driving U.S. Inflation amid a Global Inflation Surge?

Check out #3! Durables had a larger inflation contribution in the U.S. than in any other country in the OECD. “This strength in U.S. durable goods demand during the pandemic & recovery is unusual (hmmm)…Throughout most countries in the sample, consumers behaved as we would expect, cutting their spending on durable goods.” Hmmm. https://lnkd.in/gCg5vWut Inflation can occur when prices rise due to increases in production costs, such as raw materials and/or a...

It seems like U.S.+China= almost exactly 50% of many things (e.g., global GDP, global wealth, global mfg, global CO2 emissions, military spending, etc.). Chinese research: 27.2% (U.S.=24.9%) of the world’s top 1% most frequently cited research papers.

It seems like U.S.+China= almost exactly 50% of many things (e.g., global GDP, global wealth, global mfg, global CO2 emissions, military spending, etc.). Chinese research: 27.2% (U.S.=24.9%) of the world’s top 1% most frequently cited research papers, while UK research was third at 5.5%. I need to chew on this & dive deeper into the data. https://www.theguardian.com/world/2022/aug/11/china-overtakes-the-us-in-scientific-research-output The U.S. is 4% of the global population & accounts for 25% of...

AI will likely have the greatest impact on SCM through the 2020s. However, one thing often not mentioned is the attitude of the hiring managers.

“Consulting firm McKinsey projects a supply-chain shattering event will happen every 3.7 years, on avg. Since the pandemic started approximately 2.5 years ago, the clock is ticking…” *orgs utilizing AI spend less on processing & require 53% fewer transactional FTEs than companies w/o AI. *Contract Analytics: Gartner - by 2024, the current amount of manual effort for contract review will be reduced by 50%. *Estimated 80% of supplier-related data is unstructured or “dark data.” ...

I cannot express to you how strong the Tesla brand is w/ my college students, it’s their future car of choice (& I work in Michigan & most are from metro Detroit!!).

Note, some OEMs have already reached the 200K vehicle-cap for this year’s credit, meaning those vehicles won’t qualify for the tax credit again until Jan. 1, 2023. I think that includes all Tesla & GM EV’s. Full list at: https://lnkd.in/gGnCE7AB. Starting 2023, the credit will only be available to individuals earning < $150K/yr, or married couples earning < $300K, & will only be offered on EV cars costing < $55K &...

America ranks as one of the best countries to start a business in (Top 5-10 usually), but it does vary by state.

America ranks as one of the best countries to start a business in (Top 5-10 usually), but it does vary by state. I was going to guess Texas #1 & Florida #2 (not NC). I still need to pitch my region (Great Lakes)…We are already the 3rd largest economic region in the world (GDP > $6T). The impact of the Chips Act on MI will be a curious thing.…1/3 of chips...

U.S. Based firms have a market cap exceeding 50% of the total in MOST industries. For example, U.S. firms make up a staggering 73% of the IT sector. Healthcare U.S-based stocks, make up 65% of the sector’s market cap.

Note, this data comes from right before covid, but...U.S. Based firms have a market cap exceeding 50% of the total in MOST industries. For example, U.S. firms make up a staggering 73% of the IT sector. Healthcare U.S-based stocks, make up 65% of the sector’s market cap. I would have never guessed this, but as an investor, maybe I need to diversify a little (i.e., non-American markets & orgs?).https://lnkd.in/gVRvmBjR https://www.visualcapitalist.com/us-companies-global-markets/ However, there is the “Made...

From me: Everything has a supply chain? It’s a new world & that is all I am going to say… KALAMAZOO, Mich.—It’s no secret recreational cannabis sales in Michigan are continuing to climb.

From me: Everything has a supply chain? It's a new world & that is all I am going to say...KALAMAZOO, Mich.—It’s no secret recreational cannabis sales in Michigan are continuing to climb. With that growth, skilled marketers in the industry are now in high demand, and Western Michigan University students will soon be prepared to meet the need. The Haworth College of Business is offering a new cannabis marketing course starting in...

Also, employers beware – too much remote work for college grads & young professionals is VERY dubious territory for their professional development.

Live shot of campus: https://lnkd.in/eVAymYz. About 4,000 students will be living in on-campus housing this year! I will be fully back to normal w/ my students in a few days & I am very grateful after 2.5 years of less than normal. I actually returned to Face to Face teaching Fall 2021; however, teaching w/ a mask on was challenging (I completely took for granted the importance of facial expressions in...