Month: March 2023

“You can see this in the figure below, which shows data on job postings by non-technology companies tied to skills around artificial intelligence, robotic process automation & data science/analytics.” From Gartner:

“You can see this in the figure below, which shows data on job postings by non-technology companies tied to skills around artificial intelligence, robotic process automation & data science/analytics.” From Gartner:https://lnkd.in/gcs-xgxV “Walmart deployed AI-powered negotiations software w/ a text-based interface (i.e., a chatbot) to connect w/ suppliers.”https://lnkd.in/gF5qT_im How to approach a new technology investment, based on what I have seen in software & professional services: For example, If a company...

Students/Parents: Which college majors pay off? Is graduate school a golden goose or a money pit? Are Ivy League degrees usually worth it? From WSJ:

Students/Parents: Which college majors pay off? Is graduate school a golden goose or a money pit? Are Ivy League degrees usually worth it? From WSJ: https://lnkd.in/gsKyJ9rn. WMU supply chain grads have a median wage range of $65-$75K. https://lnkd.in/dkGr4_uX.WSJ: https://lnkd.in/gMy3nwS2. https://www.yahoo.com/lifestyle/colleges-quit-us-news-rankings-100003681.html The U.S. supply chain accounts for 37% of domestic jobs: Harvard Business Review. https://lnkd.in/gbV_aMT7 > 5,000 open summer internships in MI, postings - https://lnkd.in/gVsHEZxz & > 20,000+ nationally - https://lnkd.in/gRKmr7QE. What are they looking for? SCM majors. Perhaps delay...

Artificial Intelligence will have a great impact on Supply Chain Management. However, one thing often not mentioned is the attitude of hiring managers, as many do not have a full understanding of the AI skill sets of graduating students.

Top Skills You Need To Become a Data Scientist (every job has data). https://lnkd.in/gk7pgtQZ. Artificial Intelligence will have a great impact on Supply Chain Management. However, one thing often not mentioned is the attitude of hiring managers, as many do not have a full understanding of the AI skill sets of graduating students. Our SCM students told us many times that their hiring managers valued only the traditional Excel capabilities (lookup functions,...

You could make the case that many business grads should have some of these skills…We studied the top skills in analytics jobs & Python was among the top. The visualization libraries in Python can produce the kind of visualizations not available in Tableau & Power BI.

You could make the case that many business grads should have some of these skills…We studied the top skills in analytics jobs & Python was among the top. 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....

Surprised to see Cost Management that far down. Has “Strategic” Cost Management (i.e., Price Analysis) become a lost art? Price analysis is a subject that is often overlooked in supply chain education. 70% of current contracts have price increase provisions?

Surprised to see Cost Management that far down. Has "Strategic" Cost Management (i.e., Price Analysis) become a lost art? Price analysis is a subject that is often overlooked in supply chain education. 70% of current contracts have price increase provisions? https://lnkd.in/g_ByzrNU. Will you be ready when your supplier asks for a price increase (or the other way)? https://www.linkedin.com/posts/sime-curkovic-61617a115_gartnerfinance-digitaltransformation-cfo-activity-7036315424552083456-NzTA?utm_source=share&utm_medium=member_desktop I have asked a lot of SCM managers how they “prepare” to negotiate...

So, this article from Forbes is recommending that my students become a jack of all trades, but a master of none? Can you do that & still reap the benefits of being specialized, while also having a variety of career options (w/ advancement opportunities)? Supply Chain Management? WMU Research:

So, this article from Forbes is recommending that my students become a jack of all trades, but a master of none? Can you do that & still reap the benefits of being specialized, while also having a variety of career options (w/ advancement opportunities)? Supply Chain Management? WMU Research: Students who choose to specialize are having better experiences than those who stay generalist (FYI: They also found that professors have the most...

Great post as I will share with my students. Every WMU Supply Chain major now has to take: Global Negotiation…

Great post as I will share with my students. https://www.linkedin.com/posts/sime-curkovic-61617a115_14-killer-negotiation-tips-from-experts-activity-7036863338366087169-BfwG?utm_source=share&utm_medium=member_desktop Every WMU Supply Chain major now has to take: Global Negotiation…The fastest growing class at WMU. Thank you Dr. James Eckert! See his one page cheat sheet at: https://lnkd.in/dhKzxnAX.https://lnkd.in/ekhu3YHA Almost 1/2 of U.S. employees do not feel confident in their negotiation skills… > 40% don't feel confident in their negotiation skills, while a 1/4 admit to never having negotiated at all in the...

We have yet another opportunity to earn a certificate through the WMU Supply Chain Management Center! Don’t miss this great opportunity to earn your Change Management certification with Dr. Jennifer Palthe…

We have yet another opportunity to earn a certificate through the WMU Supply Chain Management Center! Don't miss this great opportunity to earn your Change Management certification with Dr. Jennifer Palthe, professor emerita of management and former senior change management consultant for Accenture. Follow the link below to sign up!https://lnkd.in/gDEtfPqv Participants will:• Learn about the key techniques and processes necessary to support productive organizational change.• Acquire new knowledge about the...

Break-even analysis: I go through this way too fast in my Intro Supply Chain class, but they get the point (it’s strategic and complicated). For example…Let’s pretend you are a junior buyer.

Great post as always. I go through this way too fast in my Intro Supply Chain class, but they get the point (it’s strategic and complicated). https://www.linkedin.com/posts/sime-curkovic-61617a115_entrepreneur-finance-business-activity-7037085979119165440-g1FO?utm_source=share&utm_medium=member_desktop For example…Let's pretend you are a junior buyer. Suppose that a make-buy decision is being made for an injection molded plastic part. In other words, do you make it yourself or do you outsource it to a supplier? The fixed costs of making...

Great post, will share with my students. Every WMU Supply Chain major now has to take: Global Negotiation…The fastest growing class at WMU. Thank you Dr. James Eckert! See his one page cheat sheet at:

Great post, will share with my students. https://www.linkedin.com/posts/sime-curkovic-61617a115_whats-negotiation-activity-7037229804001120256-xm42?utm_source=share&utm_medium=member_desktop Every WMU Supply Chain major now has to take: Global Negotiation…The fastest growing class at WMU. Thank you Dr. James Eckert! See his one page cheat sheet at: https://lnkd.in/dhKzxnAX.https://lnkd.in/ekhu3YHA Almost 1/2 of U.S. employees do not feel confident in their negotiation skills… > 40% don't feel confident in their negotiation skills, while a 1/4 admit to never having negotiated at all in the workplace, per...