Month: September 2023

We make our students learn most of this through an A3 or DMAIC project w/ a local company…Watch their presentations…The WMU SCM program requires that all students take an experiential course. We make our students learn most of this through an A3 or DMAIC project w/ a local company… Watch their presentations: https://www.youtube.com/watch?v=bjIrIT-Cllc&t=693s The WMU SCM program requires that all students take an experiential course. After mastering process management concepts...

I have asked a lot of SCM managers how they “prepare” to negotiate price increase requests from their suppliers. In particular, I was curious about how and where they get their data from (i.e., CME, COMEX, etc.). “OEMs had an avg profit margin of 8.1% in the first quarter, more than 2 percentage points higher than automotive suppliers…while suppliers stabilized between 5–6%…The challenge for suppliers is that they’re suffering from...

FMEA has many applications. A quick job search on LinkedIn shows > 30,000 jobs in supply chain where RISK is a major job function (> 7,000 jobs in SCM where FMEA is a tool). FMEA has many applications. A quick job search on LinkedIn shows > 30,000 jobs in supply chain where RISK is a major job function (> 7,000 jobs in SCM where FMEA is a tool). We try...

Quantum Ready in Supply Chain and Logistics?…Most do not even know it exists… McKinsey Technology Trends Outlook 2023 (see #10): https://lnkd.in/gXM-6-RX. Quantum Computers: Another incremental step or innovation leap? Google claims it has developed a revolutionary quantum computer that is able to make “instant” calculations, & that current supercomputers would take roughly 47 years to complete these calculations. https://lnkd.in/g_evdgaK. Also, Intel Announces Its Newest Silicon-Based Quantum Chip: https://lnkd.in/gfC6-idR Notice the reference to Supply...

I used to pack Contract Management into one class during the 1990s. Now, we make our supply chain students take a customized legal & advanced contract management course. I used to pack Contract Management into one class during the 1990s. Now, we make our supply chain students take a customized legal & advanced contract management course. Our SCM students take LAW 4860 so that they can learn the terms &...

Here is my slide deck on Negotiation from the 1990s. I used to pack this into one class. The Institute of Supply Management identifies negotiation as the most important skill of SCM professionals & yet the weakest in terms of delivery. Here is my slide deck on Negotiation from the 1990s. I used to pack this into one class. My teaching slide deck:Sime Curkovic on LinkedIn: Students go into Buyer...

Teaching material on the complex, yet essential topic of “Supplier Selection”. FYI: more of my old school teaching material. My overhead transparencies from the 90s are NOT available upon request (they are lost). Yes, most of this is still VERY relevant today. Even “AI” agrees. See last 3 pages for list of chat prompts that could facilitate research on supplier selection. My teaching slide deck:Sime Curkovic on LinkedIn: Yes, most...