Day: October 15, 2022

Last 11 months = record U.S. tax revenue. Comparing U.S. Federal Spending w/ Revenue: 2021, U.S. gov spent $6.8T & revenue totaled > $4 trillion. About half of it came from individual income taxes, while about 30% came from Social Security & Medicare taxes. Deficit = $2.275T. In March 2021, U.S. national debt reached an all-time high of $28 trillion (now it's $31T). What does the gov spend the most money on (it...

The top 10 producers are ALL Asian companies. Chinese companies make up 56% of the EV battery market. Today: Chinese battery manufacturer to bring $2.4B investment, up to 2,350 jobs to Big Rapids, MI.  Electric vehicle battery manufacturer Gotion was approved for $715 million in public incentives Wednesday as part of a deal to build a plant in Big Rapids. Gotion is the Silicon Valley-based subsidiary of Gotion High-tech Co., a company...

BIG RAPIDS, MI — Electric vehicle battery manufacturer Gotion was approved for $715 million in public incentives Wednesday as part of a deal to build a plant in Big Rapids, a move expected to create up to 2,350 jobs and generate a $2.4 billion investment. Gotion is the Silicon Valley-based subsidiary of Gotion High-tech Co., a company founded in 1998 & based in Hefei, China. https://www.mlive.com/news/grand-rapids/2022/10/chinese-battery-manufacturer-to-bring-26b-investment-up-to-2350-jobs-to-big-rapids.html The top 10 producers...

Our data mining class (CIS 4640) is essentially a machine learning class for business, which is the core of Artificial Intelligence (agreed?). Our SCM students also told us many times that their hiring managers valued mostly the traditional Excel capabilities (lookup functions, pivot tables, etc.), & they greatly overlooked the opportunities from other analytical solutions (that our students have!). Again, for example, our data mining class is an ML class,...

WMU Career Fairs the next 7 days. All students from all schools are welcome. Let the best student get hired. https://lnkd.in/gkdh3ux2. Reminder: Yes, it is now time to start applying & interviewing for summer internships. Large high profile F500 types get budgets for internships approved months ahead of time & they recruit nationally for the best talent. They often want to get this wrapped up by Thanksgiving (which means you could be giving...

We are already the 3rd largest economic region in the world. The impact of the Chips Act on Michigan will be a curious thing.…1/3 of chips produced in the world use polysilicon produced in Hemlock, Mich. "They have no idea that MI is at the forefront of the semiconductor supply chain.” While the semiconductor mfg legislation has been lauded as a win, how much good will it do for the...

Great news for our undergrad business students! Six study abroad trips to: India, Ireland, Germany, Thailand, Portugal, and Dominican Republic. https://www.linkedin.com/posts/sime-curkovic-61617a115_game-changing-life-experiences-activity-6984148213591138304-0YPY?utm_source=share&utm_medium=member_desktop Yes, the WMU Haworth College of Business (HCoB) is one of the best business colleges in the world. WMU Study Abroad: https://lnkd.in/gdTdfFN7. AACSB accredited (that means top 5% globally) & most programs are nationally/globally ranked. Why? My answer: faculty are obsessed with student success.Examples: WMU named in Princeton Review’s 2021 ‘best business schools’https://lnkd.in/esW6ZuD WMU:...

This is a Michigan company! “Our Next Energy’s $1.6B investment creating 2,112 jobs in Van Buren Township will build on our economic momentum & secure the future of mobility & electrification right here in Michigan,” said Governor Whitmer. https://www.michigan.gov/whitmer/news/press-releases/2022/10/05/whitmer-announces-new-jobs-and-investment-as-our-next-energy-builds-battery-manufacturing-campus___Michigan: The Global Epicenter of Mobility. See:https://lnkd.in/g_xUvBHM Does America have a rare earth metals & critical minerals strategy? Tesla does. https://lnkd.in/gmmxPscd. Tesla supplier & key partner, Talon Metals, to explore 400K acres of Michigan for...

Leading the way with Lean Six Sigma: WMU students earn certification. https://lnkd.in/g2VDbEPx. The ability to get certified in continuous improvement methodologies and Lean Six Sigma (LSS) techniques all before graduation is just one way students in the Haworth College of Business are preparing to become business leaders. A group of 13 graduate and 20 undergraduate students across the college’s academic programs had the opportunity to earn their LSS Yellow Belt Certifications...

If you are bored this weekend before college football begins...A great watch below on the Bullwhip Effect. https://www.linkedin.com/posts/sime-curkovic-61617a115_why-everything-is-on-sale-the-bullwhip-effect-activity-6984505293841862656-Cp8S?utm_source=share&utm_medium=member_desktop Also, another good watch, but longer…This WSJ documentary offers a GREAT explanation on the supply chain. https://lnkd.in/giuVkH-c. Or, if you are REALLY bored (from me): Recent observations & career advice (videos/podcasts):https://lnkd.in/gJK8xBZehttps://lnkd.in/g-CanjDxhttps://lnkd.in/gvPiGTt5 What is SCM?...https://lnkd.in/g2BC9YHnhttps://lnkd.in/gfchx-9dhttps://lnkd.in/gn-97v_B Sourcing Strategy:https://lnkd.in/g2YuH4Tyhttps://lnkd.in/g5Gppj_5https://lnkd.in/gtKnNdkzhttps://lnkd.in/gD5sY6AHhttps://lnkd.in/gxNpCsim Resume Advice:https://lnkd.in/eWen96qjhttps://lnkd.in/e7utipBihttps://lnkd.in/eVEHgvk6 Grad school advice:https://lnkd.in/g4tvSi9ghttps://lnkd.in/gM4GSR45 GDP:https://lnkd.in/g6A6tkv9https://lnkd.in/gngM96n9 Also, trendy things we are doing in our supply chain program...