Month: July 2024

A 401(k) for a New College Grad? Yes! A great read…My thoughts if you want career mobility & financial independence in your 40s. In order to achieve this, you will need to invest heavily in your 20s. Picking a college major:

401Ks: I spent some time on this w/ a student & her full-time job offer. Students need help understanding their retirement savings plan. https://finance.yahoo.com/news/majored-one-18-subjects-ll-193945292.html The Benefits of Investing Early in Life: https://lnkd.in/esCz_vQ7. Let’s say you started investing at 20 years old...and you invest $250 each month with an 8% annual rate of return. By the time you reach 65, over 50% of your total portfolio would have come from money that you...

A great weekend read, should SCM students learn this?…”the importance of including location analytics in the standard business school curriculum—especially in the field of supply chain management.” Are Supply Chain professionals using ArcGIS Pro technology?

A great weekend read, should SCM students learn this?…”the importance of including location analytics in the standard business school curriculum—especially in the field of supply chain management.” Access via: https://ow.ly/kMci50PWU1K. Are Supply Chain professionals using ArcGIS Pro technology? https://www.simecurkovic.com/wp-content/uploads/2024/07/GEOG3010ArcGIS.pdf Do you think our SCM students should learn this? ArcGIS is a technology that can help companies manage risk.I recently had a GIS analyst reach out to me & ask: Is...

A nice career guide from Harvard to help with resumes, interviewing, getting offers, etc. For more help, pasted below are links from Yale, MIT, & WMU. Should college grads negotiate a job offer (i.e., a higher starting salary)? Yes, but only if you know how to negotiate. My thoughts:

A nice career guide from Harvard to help with resumes, interviewing, getting offers, etc. For more help, pasted below are links from Yale, MIT, & WMU. Should college grads negotiate a job offer (i.e., a higher starting salary)? Yes, but only if you know how to negotiate. My thoughts: https://lnkd.in/gEZF6prG.Here’s what a lot of college grads don’t know about their first job offer: https://lnkd.in/gG2DeF2h. “Just 38% of new grads negotiate w/...

Students often 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 Place: The Supply Chain…

Students often 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 Place: The Supply Chain...Note, (I encourage my SCM students to get an Accounting minor): College Accounting to me feels like Supply Chain...

Manufacturing Matters. The ISM MFG PMI Index has contracted for the 19th time in the last 20 months. Yes, that is a MFG recession, but does this predict and/or is a precursor to an overall recession? Maybe.

Manufacturing Matters. The ISM MFG PMI Index has contracted for the 19th time in the last 20 months. Yes, that is a MFG recession, but does this predict and/or is a precursor to an overall recession? Maybe. https://www.prnewswire.com/news-releases/manufacturing-pmi-at-48-5-june-2024-manufacturing-ism-report-on-business-302186137.html https://www.youtube.com/watch?v=vWFpgb9h658&t=646s During the 2006-2009 time period, the ISM MFG and employment indices were below 50 for several years, for nearly 40 consecutive months. Long before America started its overall economic great recession...

Great read (see our new apprenticeship program below): From article…“In some ways, it’s odd supply chain & procurement hadn’t come to the forefront sooner….Managing complex processes on paper or w/ spreadsheets is impossible…All told, the supply chain may comprise as much as 37% of all jobs – 44M jobs…64% of companies are experiencing a supply chain talent gap…Colleges aren’t providing any coursework or training on Salesforce, Workday, or SAP. And if they’re not doing that, they’re highly unlikely to introduce specialized procurement and supply chain platform curriculum.”

Great read (see our new apprenticeship program below): From article…“In some ways, it’s odd supply chain & procurement hadn’t come to the forefront sooner….Managing complex processes on paper or w/ spreadsheets is impossible…All told, the supply chain may comprise as much as 37% of all jobs – 44M jobs…64% of companies are experiencing a supply chain talent gap...Colleges aren’t providing any coursework or training on Salesforce, Workday, or SAP. And if they’re not...

2024 Gartner Top SCM Graduate School Rankings. Another rather random ranking, Top 10 SCM Schools (MIT is on this one): Yes, tough to argue with these lists, just pay attention to ROI.

2024 Gartner Top SCM Graduate School Rankings, pg. 4: https://lnkd.in/gMQAx4U9. Another rather random ranking, Top 10 SCM Schools (MIT is on this one): https://lnkd.in/ettmB534. Yes, tough to argue with these lists, just pay attention to ROI. https://www.youtube.com/watch?v=8VGgeYsNb44&t=237s Should You Give Up Your Salary and Go to Grad School? Well, that darn MBA degree still has a great ROI...“Over their lifetime, an MBA grad can expect to earn $3M more than...