Month: August 2022

See pages 20/22 below for a little bit of supply chain data. There is better data & more details in the links following…Salaries:

See pages 20/22 below for a little bit of supply chain data. https://www.linkedin.com/posts/sime-curkovic-61617a115_supply-chain-salary-data-on-page-20-activity-6959996639583375360-ksq9?utm_source=linkedin_share&utm_medium=member_desktop_web There is better data & more details in the links following...Salaries: 2022 https://lnkd.in/gESQFNZa vs 2021 https://lnkd.in/gW-U-KHK vs 2020 https://lnkd.in/gJquYyT4 ASCM $: 2022 https://lnkd.in/gtYC5Cnw vs 2021 https://lnkd.in/gpMvehY5 vs 2020 https://lnkd.in/gcsrX6tr Recessions tend to be very bad for college grads. However...The number of job openings fell for the third straight month to 10.698M in June which is the lowest since 10.629M in August 2021 (off the record high of...

If you look at this 2020-2030 job growth chart closely, all things supply chain related scored VERY well (i.e., operations & logistics). Basically, we are going to see 20-30% growth in SCM jobs over the next decade.

If you look at this 2020-2030 job growth chart closely, all things supply chain related scored VERY well (i.e., operations & logistics). Basically, we are going to see 20-30% growth in SCM jobs over the next decade.  https://www.visualcapitalist.com/the-20-fastest-growing-jobs-in-the-next-decade/ Also, the jobs in SCM pay VERY well. Lastly, the data science jobs scored off the charts in growth & pay. So, SCM + data science = jobs & $. Finally, automation is killing all...

Notice the first stage in the Semiconductor Supply Chain: DESIGN (that is mostly U.S. companies). The largest “fabless” semiconductor orgs are American (HQ’s in California – Qualcomm, NVIDIA, Broadcom, AMD, etc.).

Notice the first stage in the Semiconductor Supply Chain: DESIGN (that is mostly U.S. companies). https://www.visualcapitalist.com/sp/visualizing-the-global-semiconductor-supply-chain/ The largest "fabless" semiconductor orgs are American (HQ’s in California – Qualcomm, NVIDIA, Broadcom, AMD, etc.). “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...

I have a former student who went on to become a technology consultant & I asked him: if a company wanted to get started with using RPA, where & how should they begin in general? See his response below. Let’s just say the student has become the teacher.

If a company wanted to get started with using Robotic Process Automation (RPA), where & how should they begin? https://lnkd.in/eQYrHUM. FYI, a great post today on RPA by Mr. Stankovic: https://lnkd.in/gM6PcT-m. From me: Have 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...

Has Price Analysis become a lost art? Aside from the precious metals, every other commodity managed double-digit increases. U.S. suppliers’ price increases picked up (11.3%!) in June & remained near historic highs. Producer-level inflation showed an 11.3% annual rate, 7th straight month of double-digit gains.

Has Price Analysis become a lost art? Aside from the precious metals, every other commodity managed double-digit increases. U.S. suppliers’ price increases picked up (11.3%!) in June & remained near historic highs. Producer-level inflation showed an 11.3% annual rate, 7th straight month of double-digit gains. https://www.visualcapitalist.com/the-periodic-table-of-commodity-returns-2012-2021/ https://lnkd.in/g_pFJ_QH What happened to Strategic Cost Management? (I need to teach this better).Time to stay on top of this stuff (both on the way...

If the region surrounding the Great Lakes was its own country, it would be the 3rd largest economy in the world with a GDP of > $6 trillion. Some speculate that Michigan might become the center of the universe because we are roughly 21% of the world’s surface freshwater.

If the region surrounding the Great Lakes was its own country, it would be the 3rd largest economy in the world with a GDP of > $6 trillion. This chart is 5 years old, but during that time our region has become bigger & more important. https://www.visualcapitalist.com/great-lakes-economy-cross-border-supply-chain/ Some speculate that Michigan might become the center of the universe because we are roughly 21% of the world's surface freshwater. The Great Lakes are the world's largest...

After a few thousand students, I would say this is the #1 reason my students change jobs (it’s their boss). Money becomes a factor when they can make > 20% elsewhere. FYI: WMU students can major in Leadership (however, they have to have another major also, make sense?).

After a few thousand students, I would say this is the #1 reason my students change jobs (it's their boss). Money becomes a factor when they can make > 20% elsewhere. FYI: WMU students can major in Leadership (however, they have to have another major also, make sense?). https://www.forbes.com/sites/bernardmarr/2022/07/26/10-most-important-leadership-skills-for-the-21st-century-workplace-and-how-to-develop-them/?sh=4a1a7cff4de6 LEADERSHIP AND BUSINESS STRATEGY at WMUhttps://lnkd.in/e5JUSye Leadership and business strategy gives you a competitive advantage and accelerates your career, no matter...

Most college students do the bulk of their electronic communication via text messaging. Standards for emailing are different, especially in academic settings. Students’ emails WILL 100% influence the way their professors view them.

Most college students do the bulk of their electronic communication via text messaging. Standards for emailing are different, especially in academic settings. Students' emails WILL 100% influence the way their professors view them. On avg, professionals spend 28% of their workday just reading & writing emails, which amounts to an unbelievable 2.6 hours & 120 messages received every day (in SCM it’s probably way more). Will Email Stand The Test Of Time? https://www.usnews.com/education/articles/emailing-your-college-professor-dos-and-donts?utm_medium=Email&utm_source=ExactTarget&utm_campaign=marcom https://lnkd.in/gz9NTye2 College...

To Improve the Supply Chain, Put Women in Charge of Logistics & Women Can Lead The Way Through Supply Chain Challenges-The Women in Supply Chain Survey by Gartner, and AWESOME, showed the highest % of women in SCM since the first edition of the survey in 2016.

To Improve the Supply Chain, Put Women in Charge of Logistics, a Study Says: https://lnkd.in/gtxzCGDi. Women Can Lead The Way Through Supply Chain Challenges-https://lnkd.in/g4asGi4r. The Women in Supply Chain Survey by Gartner, and AWESOME, showed the highest % of women in SCM since the first edition of the survey in 2016. Gap narrowing for women and people of color at public companies. See: ASCM's 2022 Supply Chain Salary & Career Report: https://lnkd.in/gVxyp7Kj ... Women...

My students are getting worried about the job market because they are hearing about this recession. Yes, recessions tend to be very bad for college grads. However…

My students are getting worried about the job market because they are hearing about this recession. Yes, recessions tend to be very bad for college grads. However...Yes, the number of job openings fell for the 3rd straight month to 10.698M in June which is the lowest since 10.629M in August 2021 (off the record high of 11.855 million in March). But, that means there are only (sarcasm) around 11,000,000 unfilled jobs...