Month: August 2022

A few days ago: Ford’s CEO says carmaker has ‘too many people’ amid reports it plans to cut 8,000 jobs in push to fund EV expansion – and now in YPSILANTI TOWNSHIP — it will be investing $160M into the Rawsonville Plant as part of its efforts to invest $2 billion across Michigan.

A few days ago: Ford's CEO says carmaker has 'too many people' amid reports it plans to cut 8,000 jobs in push to fund EV expansion - and now in YPSILANTI TOWNSHIP — it will be investing $160M into the Rawsonville Plant as part of its efforts to invest $2 billion across Michigan. The company’s overall investment of $2 billion expects to generate 3,200 jobs across the state. Currently, the...

My students agree…Most Gen Zers ‘would not work five days a week in an office,’ researcher says, (BUT money is still the most important thing! Scheduling flexibility is #2), GM is dropping 4-year degree requirements for many jobs?!

My students agree…Most Gen Zers 'would not work five days a week in an office,' researcher says, (BUT money is still the most important thing! Scheduling flexibility is #2) see: https://lnkd.in/d-fxnXCK. GM is dropping 4-year degree requirements for many jobs?! https://lnkd.in/d2tD89pB https://finance.yahoo.com/news/gen-z-work-five-days-office-173640467.html Note, the data does say “Education” boosts earning power... Average salary by education 2022:1. High school diploma $98,1572. Two-year college degree $91,2043. Some college $108,6474. Bachelor’s degree $134,0375. Master’s degree...

These companies have paused hiring or laid off employees. Tesla workers who started their jobs only months or even weeks ago have been let go while others have had offers withdrawn (is that reneging?). Other big orgs “rescinding” job offers to recruits, Ugh, this comes out after I just lectured my students on not reneging.

These companies have paused hiring or laid off employees. https://lnkd.in/gmfeFPnu. Tesla workers who started their jobs only months or even weeks ago have been let go while others have had offers withdrawn (is that reneging?). Other big orgs "rescinding" job offers to recruits, see: https://lnkd.in/dNEVmfqA. Ugh, this comes out after I just lectured my students on not reneging. Thank you Corporate America for setting a great example. Also, isn’t unemployment (3.6%) at 50...

I am getting a lot of questions from my students about how Gartner decides on the Top 25 SCM orgs. I said, it’s complicated & no one appears to really know the exact details. I think I understand the basics, but here is a great read on just how complicated it is (from 2021):

I am getting a lot of questions from my students about how Gartner decides on the Top 25 SCM orgs. I said, it’s complicated & no one appears to really know the exact details. I think I understand the basics, but here is a great read on just how complicated it is (from 2021): https://lnkd.in/gdhsiRxq. Gartner's report at: https://gtnr.it/3SdhvMz. My key takeaways: First, people keep asking what happened to Amazon & Apple?...

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.

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...

Almost 40% of the world’s supply is controlled by Chinese firms. This week: Congress approved $280B for the semiconductor industry. FYI: The largest “fabless” semiconductor orgs are American (HQ’s in California).

Almost 40% of the world's supply is controlled by Chinese firms. This week: Congress approved $280B for the semiconductor industry. FYI: The largest "fabless" semiconductor orgs are American (HQ’s in California). “Without the burden of owning & running a fab, they’ve been free to ship their designs to companies like TSMC to do the hard work of creating their silicon offspring. Overall, the top 10 pulled in a combined revenue...

New York Fed launches global supply chain pressure index (the gov has lots of public data). Published on a monthly basis, this index integrates transportation cost data and manufacturing indicators to provide a gauge of global supply chain conditions.

New York Fed launches global supply chain pressure index (the gov has lots of public data). Published on a monthly basis, this index integrates transportation cost data and manufacturing indicators to provide a gauge of global supply chain conditions. The GSCPI integrates over 27 variables from commonly used metrics, including data from global transportation costs and regional manufacturing surveys across seven economies, to track shifts in supply chain pressures from...

Look closely. I think I understand this. AMERICA (not Saudi Arabia) makes more oil per day than any other country (by far!). Here’s the problem, we consume more oil than we make (around -2M barrels/day). Also, that non-American oil is cheaper than American oil for Americans!

Look closely. I think I understand this. AMERICA (not Saudi Arabia) makes more oil per day than any other country (by far!). Here’s the problem, we consume more oil than we make (around -2M barrels/day). Also, that non-American oil is cheaper than American oil for Americans! Further, American refineries have to turn that oil into things like gasoline, heating oil, jet fuel, etc. Our refineries are at full capacity & are...

Gartner 2022: U.S. SCM undergrads finding their first jobs are earning $1,600 more/yr than in 2020. While the avg starting salary is $61,769, grads from top 10 programs can expect around $65K.

Gartner 2022: U.S. SCM undergrads finding their first jobs are earning $1,600 more/yr than in 2020. While the avg starting salary is $61,769, grads from top 10 programs can expect around $65K. https://lnkd.in/gMKdmwx9 https://www.linkedin.com/posts/sime-curkovic-61617a115_grads-from-top10-programs-can-expect-around-activity-6959886598784122880-jbgR?utm_source=linkedin_share&utm_medium=member_desktop_web Should college grads negotiate a job offer (i.e., a higher starting salary)? Yes, but only if you know how to negotiate. I do have students that get offers in the $50K-$60K range & many successfully negotiate up...

Artificial intelligence will have the greatest impact on the supply chain industry through 2025. I agree with Gartner (in general) & I think most SCM managers would agree (in general). One thing often not mentioned is the attitude of the hiring managers.

Artificial intelligence will have the greatest impact on the supply chain industry through 2025. I agree with Gartner (in general) & I think most SCM managers would agree (in general). One thing often not mentioned is the attitude of the hiring managers. In talking w/ a colleague, we both agreed that many hiring managers do not have a full understanding of the AI skill sets associated w/ our graduating students. Our...