How do companies outsource strategically? Some companies (both large and small) are going beyond just outsourcing commodities to also outsourcing core/strategic parts. It makes sense for smaller firms with scarce resources to outsource commodities. A commodity by definition is something that several suppliers exist for and as a result of competition, someone else can do it better, faster, and cheaper.

Sime Curkovic

February 10, 2025February 10, 2025

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Here are the same video lectures from the last email (tons of exam questions from these, treat these like a podcast, you can speed it up also) – note, when you watch/listen to these, make sure to rewind it to the beginning:https://www.youtube.com/watch?v=MrBN_T9ogao&t=424shttps://www.youtube.com/watch?v=Ay2orDXjP8o&t=8shttps://www.youtube.com/watch?v=T5SD4ugLMks&t=107sThese are basically my notes and transcripts from my lecture. I would recommend reading...

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My students in Silicon Valley say making $200K+/yr feels like making $90K/yr in Metro Detroit. Some pay close to $6K/month for rent (so they need roommates). Owning a home will be tough. Kind of related…Ranked: Worst Companies for Employee Retention:

Sime Curkovic February 10, 2025February 10, 2025
TRUE OR FALSE? MOST FIRMS WILL CONTINUE TO REDUCE THE TOTAL NUMBER OF SUPPLIERS THEY MAINTAIN, AND THE REDUCTION WILL CONTINUE TO BE AS DRAMATIC AS THEY HAVE BEEN IN THE LAST 8 TO 10 YEARS.

Sime Curkovic February 10, 2025February 10, 2025
Students (see the crazy import data below, AI is coming soon in a very big way):Supply chain management (SCM) presents unique challenges largely due to the lack of real-time visibility and the unpredictable nature of lead times. In an ideal world, companies would have full visibility into every stage of the supply chain—from sourcing raw materials to delivering the final product. If we knew exactly where every component was at any given moment, and if lead times were always consistent and predictable, the supply chain would be much easier to manage. In other words, SCM would be a piece of cake if we knew where everything was all the time from beginning to end. You can make a trillion dollars if you invent a technology that does that.

Sime Curkovic February 10, 2025February 10, 2025

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My students in Silicon Valley say making $200K+/yr feels like making $90K/yr in Metro Detroit. Some pay close to $6K/month for rent (so they need roommates). Owning a home will be tough. Kind of related…Ranked: Worst Companies for Employee Retention:

TRUE OR FALSE? MOST FIRMS WILL CONTINUE TO REDUCE THE TOTAL NUMBER OF SUPPLIERS THEY MAINTAIN, AND THE REDUCTION WILL CONTINUE TO BE AS DRAMATIC AS THEY HAVE BEEN IN THE LAST 8 TO 10 YEARS.