Day: September 28, 2023

Subject: Read: Help with exchange rates for final exam & answers from HW (read my explanations, do not memorize the answers).  This section of the final exam tends to hurt students if they just try to memorize the answers.   https://www.youtube.com/watch?v=0BJPXcW5kNo&t=264s Students (awesome class today, I know this stuff is confusing): A few of you (not lots) struggled on the exchange rates HW assignment.  There are a lot of T/F questions on...

MEMORANDUM To: MGMT 280-0 Students From: Sime Curkovic Subject:  HW assignment Date Assigned: xxxx Due Date:  April 24, 2023 Make/Buy HW (this is not a memo HW).  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 this...

Also, go to the following website and perform the exercise (you have probably done this in previous classes):   http://slaveryfootprint.org/ Click the red arrow first to read “Slaves work for me?”  Then, click the blue arrow to take the survey.  Simply screen shot the last page and email it back to me (with your slavery footprint number). Please do not feel uncomfortable with your score.  Life is all about becoming a better person...

Students: Note:  It might come across in the video lecture that I am not pro-sustainability.  Nothing could be further from the truth.  Half my research has promoted sustainability.  In the video, I simply try to stay objective and sometimes I have to play the antagonist to do so.  https://www.youtube.com/watch?v=wS5jCZrK-eEhttps://www.youtube.com/watch?v=9iBQLPaZRMYhttps://www.youtube.com/watch?v=fsSLoH0hQzUhttps://www.youtube.com/watch?v=utgJC-_Oulw Millennials and Generation Z appear to be the first generations willing to pay more for sustainable products, (72 percent already do...

Subject: Read & Watch: Multinational Management & SCMRead and Watch:  Multinational Management and SCM (I would watch the video first)... https://www.youtube.com/watch?v=tW-hJVp8jjM&t=1285sHandout to lecture:  MULTINATIONAL MANAGEMENT 101   THE NEW ECONOMY AND SUPPLY CHAIN MANAGEMENT   When one considers our world from such a compressed perspective, the need for acceptance, understanding, and education becomes glaringly apparent.   Let’s put things into perspective:   If we could shrink the earth’s population to a village of precisely 100...

THE NEW ECONOMY AND SUPPLY CHAIN MANAGEMENT IN A GLOBAL MARKET  Students:Note, I hear from managers over and over about how clueless college students are on the world and global economy.  I wonder how much they knew about the world around them when they were in college though.  People turn into judgmental hypocrites when they get older.  During my college years, there was a civil war going on in my...

Subject: This means your major is very very very important...Tomorrow's CEOs Will Come from an Unlikely Place: The Supply Chain  Students:  I had a student ask: Shouldn’t I major in Finance or Accounting if I want to become a CEO? I said: Well, being able to talk CFO talk is critical to long term success, but you might want to give this supply chain thing some thought…CEOs Will Come from an Unlikely...

Subject: Read: Does your resume make it obvious that you know how to solve problems?  Thought: Does your resume make it obvious that you know how to solve problems? Note, problem solving is the #1 most sought after skill set (leadership was #1 for several years) Students:Here is an alarming statistic...Nearly a third of all supply chain processes are inadequate, according to research from Crimson & Co.  Covid kind of highlighted this....

Subject: Read: Do you want a full time job to begin in a job rotation? Ladies, see end of this message.Students: The first video was put together by a WMU SCM grad.  She asked to help out.  Just another example of great alumni trying to give back.  https://www.youtube.com/watch?v=Bu4LP_2Vm3E Please give her a LIKE on the video.Also, feel free to connect with her on LinkedIn to say thank you.https://www.linkedin.com/in/shannon-karels-00a7782/ FYI, she was just...

Subject: The last email for MGMT 280-0 that you are responsible for! SCM - your future boss will read stuff like this & it happens monthlyVideo:https://www.youtube.com/watch?v=vWFpgb9h658Explanation on the ISM PMI mfg. index (future supply chain managers - your future boss will read stuff like this and it is all over the news) Students: Note:  make sure you understand how to interpret the ISM MFG index (also called the PMI – Purchasing...