Month: March 2023

I encourage my Supply Chain majors to minor in Accounting (rather than Finance). Agree? College Accounting (i.e., Cost & Managerial) to me feels like Supply Chain Finance.

I encourage my Supply Chain majors to minor in Accounting (rather than Finance). Agree? College Accounting (i.e., Cost & Managerial) to me feels like Supply Chain Finance. The Accounting Minor for our SCM majors seems like a great fit. Long term in their careers, understanding SCM Finance will be critical. The worlds of Finance & SCM have collided. Your opportunities are endless if you learn how to talk to the CFO…https://lnkd.in/eJnVHrsM My discussion...

Should we teach Tableau or Power BI or both? There are > 100K unfilled SCM Data Science jobs on LI. In our CIS 3640 class we focus on three major areas: (1) Advanced excel functions, Power Query, Power Pivot , & Data Models, (2) Excel Macros, & (3) Visualization.

Should we teach Tableau or Power BI or both? There are > 100K unfilled SCM Data Science jobs on LI. In our CIS 3640 class we focus on three major areas: (1) Advanced excel functions, Power Query, Power Pivot , & Data Models, (2) Excel Macros, & (3) Visualization. https://lnkd.in/gXYSQKc7 We do our best to go in-depth in all these 3 areas. Based on the feedback received from students, they are...

Notice #5: A Shift From Big Data To Small And Wide Data. Just remember that big data is not going away, BUT one must understand why/when certain data formats create more value.

Notice #5: A Shift From Big Data To Small And Wide Data.Just remember that big data is not going away, BUT one must understand why/when certain data formats create more value. Many of our supply chain students get a minor in Business Analytics & we actually teach a variant of Wide/Small data called Association Analysis (our Business Data Mining class). I had one of our CIS faculty try to make...

Michigan-Valued at $65 Billion: “Construction is predicted to take 3 years followed by 150 years of production. Potash, a critical ingredient for fertilizer, is only found in a few places in North America. Michigan’s vast 2.9M-acre deposit holds 75M tons of material valued at $65B.”

Michigan-Valued at $65 Billion: "Construction is predicted to take 3 years followed by 150 years of production. Potash, a critical ingredient for fertilizer, is only found in a few places in North America. Michigan’s vast 2.9M-acre deposit holds 75M tons of material valued at $65B."https://lnkd.in/gzCkMxqqhttps://lnkd.in/gZmdmJnX https://www.visualcapitalist.com/sp/fertilizer-why-its-more-important-than-you-think/ More MI stuff:Time Magazine just called Detroit one of the world’s greatest places. Also, Detroit Ranked #1 Emerging Startup Ecosystem (globally?!). Detroit’s top ranking...

Western Michigan University offers Lean Six Sigma Yellow Belt certification through its Center for Integrated Supply Management. It is ideal for practitioners who want to gain a fundamental understanding of the tools used to drive continuous improvement into their everyday work.

Western Michigan University offers Lean Six Sigma Yellow Belt certification through its Center for Integrated Supply Management. It is ideal for practitioners who want to gain a fundamental understanding of the tools used to drive continuous improvement into their everyday work. “I recently had the opportunity to attend the Lean Six Sigma Yellow Belt training. The course was interactive and fun, and I’m looking forward to being able to use...

At $16B, Michigan top state for EV investments. Most of the $120B of EV investments announced since 2015 is heading to 10 states – with $16.6B slated for Michigan.

At $16B, Michigan top state for EV investments. Most of the $120B of EV investments announced since 2015 is heading to 10 states – with $16.6B slated for Michigan. https://lnkd.in/g9Mh7NBu. Michiganders, you should watch this WSJ video. Note: 2/3 of the new auto investment revealed over the past 2 yrs is going to sites in the South...https://lnkd.in/gsSnX4Jh. Or, Michigan predicted to “dominate” EV battery manufacturing after $2B investment. https://lnkd.in/gimsb67c. https://www.wsj.com/video/series/george-downs/americas-new-battery-belt-is-shifting-the-auto-industry-south/47AB59D3-FD86-4E1E-A301-39E50D59708A?mod=djemlogistics_h Georgia, Kentucky,...

The U.S. supply chain accounts for 37% of all domestic jobs. “The last time the U.S. labor market was this strong was in 1969…Although mfg hasn’t seen the highest gains, the sector has one of the lowest unemployment rates across job sectors, at 2.4%.

The U.S. supply chain accounts for 37% of all domestic jobs. “The last time the U.S. labor market was this strong was in 1969…Although mfg hasn’t seen the highest gains, the sector has one of the lowest unemployment rates across job sectors, at 2.4%. Yet the industry faces an acute labor shortage—if every skilled unemployed worker were to fill open job vacancies, a third of jobs in durable mfg would...

I chuckled (kind of) at #2 on the list: “Spreadsheets Do Not Yield The Best Decisions. During the pandemic, 94% of supply chain decisions were made based on spreadsheet analysis. The issue? A spreadsheet cannot adequately model supply chain complexity.”

I chuckled (kind of) at #2 on the list: "Spreadsheets Do Not Yield The Best Decisions. During the pandemic, 94% of supply chain decisions were made based on spreadsheet analysis. The issue? A spreadsheet cannot adequately model supply chain complexity." https://www.forbes.com/sites/loracecere/2023/02/20/the-talk-the-supply-chain-leader-needs-to-have-with-their-cfo/?sh=44f0d1876e5d 10 Supply Chain Trends to Watch for in 2022 (ASCM)#1. Advanced analytics Adv analytics & automation will continue to accelerate, helping organizations mitigate disruption via digital, agile supply chain management....

It’s not too late. > 7,000 open summer internships in MI, & > 20,000+ nationally. WMU supply chain grads have a median wage range of…$65-$75K.

It's not too late. > 7,000 open summer internships in MI, - https://lnkd.in/gVsHEZxz & > 20,000+ nationally - https://lnkd.in/gRKmr7QE. WMU supply chain grads have a median wage range of...$65-$75K. https://lnkd.in/dkGr4_uX. Perhaps delay graduation for work experience & stay specialized...https://lnkd.in/gdr7f9wb 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. WSJ: https://lnkd.in/gMy3nwS2. The U.S. supply chain accounts for 37% of domestic jobs:...

Note, Yale and Harvard law schools left this ranking. Secretary Miguel A. Cardona called college rankings “a joke,” & took aim at selective colleges’ obsession w/ them…

Note, Yale and Harvard law schools left this ranking. https://lnkd.in/gTx5vZfg. Secretary Miguel A. Cardona called college rankings “a joke,” & took aim at selective colleges’ obsession w/ them...https://lnkd.in/gv_vZ4k9. I have been talking to high schoolers & the parents also appear to be too focused on rankings. Pay attention to what matters most- not rankings!...especially at the undergrad level. https://www.wsj.com/articles/u-s-news-college-rankings-yale-law-fe24f0b2 "Students who are able to build strong relationships with professors are far...