Year: 2023

Why supply chain pros make great CEOs: From Forbes in 2018: Tomorrow’s CEOs Will Come from an Unlikely Place: The Supply Chain…https://lnkd.in/eGb9u-3. “…it’s clear that supply chain pros are poised to become the most powerful executives in the world…” Why supply chain pros make great CEOs: To become CEO, according to a recent Business Insider article, the move to an operational role is a common segue for many CFOs seeking...

The State of the U.S. Labor Market… 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% (2.70% in July of 2023). Yet the industry faces an acute labor shortage — if every skilled unemployed worker...

For a list of employers with 100% remote jobs, see…It is becoming increasingly common for our graduates to prioritize remote work opportunities. The appeal of flexibility and the comfort of working from one’s own space is undeniable (I do it VERY often). For a list of employers with 100% remote jobs, see:https://lnkd.in/g-4tcWTZ. It is becoming increasingly common for our graduates to prioritize remote work opportunities. The appeal of flexibility and...

Why is academia so dysfunctional?… The Problem with “The College Experience” | Real Time w/ Bill Maher (HBO)…600K views & 1,400 comments in only 4 months. Want to become a college professor? https://www.youtube.com/watch?v=QGP1O38ynns&t=3s https://www.youtube.com/watch?v=8oreci_4_4A This was an Adjunct Professor job posting… ”Compensation: standard compensation for most undergrad courses is $2,200 per 8-week course & $2,500 for most 10-week grad courses. Adjuncts are paid bi-weekly & are considered W-2 employees of...

There is a difference between Logistics and Supply Chain Management…seriously, it matters (kind of). The majority of our SCM students go into “procurement”, but “logistics” is the fastest growing career path in our program.What's The Difference Between Logistics And Supply Chain Management? (And Why It Matters)In large part, thanks to logistics and supply chain management, the global working world is becoming an increasingly…www.forbes.com For a long time, we required a...

Procurement orgs need processes & “tools” to mitigate & negotiate on price increase requests in a strategic, data-driven manner (& we/I need to do a better job of teaching it). “In the survey of over 300 senior supply chain executives,…Rising inflation (57%) and the talent shortage (50%) also topped the 50% level of respondents’ biggest challenges…58% citing a talent shortage in data analytics, optimization, automation, etc.” https://lnkd.in/gMe5MPBP. From me: VERY consistent...

Leading the way with Lean Six Sigma: WMU students earn certification. 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...

FREE resources for Info on Suppliers, Customers, & Prospects. A former student working in B2B industrial sales, suggested the following list of free websites as a resource for research on competitors, customer supply chains, & prospect contact info. Gartner: “Supply chain management software revenue grew 9.3% in 2022, faster than most other application software markets, exceeding $24.7 billion. The growth rate in constant-U.S.-dollar terms (base 2020) was 14.7%, which was...

I tell my students: Long term in your careers, understanding SCM Finance will be critical. At the end of the day, SCM executives are evaluated on generating shareholder value (bottom line financial kind of stuff, of which has gotten very creative & complicated). I tell my students: Long term in your careers, understanding SCM Finance will be critical. At the end of the day, SCM executives are evaluated on generating...

Great time to be a supply chain student: “…growth in procurement salaries overall in North America is 5% & the avg salary for all N.A. supply chain pros was $105,418. Some highlights include the avg pay reported for Advanced Professionals ($126k) for roles such as a Procurement Director. Great time to be a supply chain student: “…growth in procurement salaries overall in North America is 5% & the avg salary...