Based on my observations: employers that interview very selectively for internships & pay market value, tend to convert exceptional talent into full-time employees. In fact, they pay their interns a salary that is very close to what their full-time offers are. For example, from a student:

Based on my observations: employers that interview very selectively for internships & pay market value, tend to convert exceptional talent into full-time employees. In fact, they pay their interns a salary that is very close to what their full-time offers are. For example, from a student:“My interview process with Firm A was amazing. They started off with a logic test and then proceeded w/ 3 rounds of virtual interviews. The last round was...

We just talked about this in class…“Cost recovery mechanisms should not be judged in isolation. Inflation-driven cost increases & adjustments need to be addressed in a timely manner that is consistent, tested, & institutionalized & supported by OEM & supplier cost reduction efforts.”

We just talked about this in class...“Cost recovery mechanisms should not be judged in isolation. Inflation-driven cost increases & adjustments need to be addressed in a timely manner that is consistent, tested, & institutionalized & supported by OEM & supplier cost reduction efforts.” From Plante Moran: https://lnkd.in/ebpCgDZw.70% of new supplier agreements contain inflation driven economic adjustment clauses with the use of indices being the most common. https://lnkd.in/g_ByzrNU.It might be time...

Supply Chain Management (and Operations) made the list. 43% (SCM)/65% (Ops) large impact – “refers to tasks that will be fully automated or significantly altered by AI technologies.” In case you want to see what we cover in our AI course, see the screenshot below.

Supply Chain Management (and Operations) made the list. 43% (SCM)/65% (Ops) large impact - "refers to tasks that will be fully automated or significantly altered by AI technologies." https://www.visualcapitalist.com/charted-the-jobs-most-impacted-by-ai/ In case you want to see what we cover in our AI course, see the screenshot below. Our analytics faculty have built an AI course in our business college (CIS 5550) to cover all kinds of AI for business applications. AI embedded...

The 16 worst-paying college majors, five years after graduation- But…If You Majored in One of These 18 Subjects, You’ll Likely Have a Comfortable Retirement…Notice SCM made the list: #5. Supply Chain (Logistics): $52,290

The 16 worst-paying college majors, five years after graduation: https://lnkd.in/eTyx7YpW. But…If You Majored in One of These 18 Subjects, You’ll Likely Have a Comfortable Retirement: https://lnkd.in/e2nireWR. Notice SCM made the list: #5. Supply Chain (Logistics): $52,290. Note, WMU SCM grads (2022) had a median wage range of $65-$75K. https://lnkd.in/dkGr4_uX.I have been trying to explain SCM to high schoolers. It’s not that easy. Parents like to see this: the number of US...

Thousands of jobs on LinkedIn w/ Indirect Procurement built into the job description. MRO buyer jobs…I just had a student get an internship offer in “indirect” procurement & she asked me if it was a good opportunity. I gave her a resounding yes.

Thousands of jobs on LinkedIn w/ Indirect Procurement built into the job description: https://lnkd.in/g-Hd-QDv. MRO buyer jobs: https://lnkd.in/ggYJEq95 & https://lnkd.in/ecdDMYQ. I just had a student get an internship offer in "indirect" procurement & she asked me if it was a good opportunity. I gave her a resounding yes.Do not be afraid of Indirect & MRO. Maintenance, repair, & operating items refers to all those things that orgs need to keep their factories...

LinkedIn shows thousands of jobs in SCM related to “risk” & FMEA (Failure Mode Effects & Analysis).

LinkedIn shows thousands of jobs in SCM related to “risk” & FMEA (Failure Mode Effects & Analysis). https://lnkd.in/enidiMUe & https://lnkd.in/ei59b5_a. We try to teach SCM risk w/i the context of faculty research streams such as ISO 31000, COSO’s Enterprise Risk Mgmt Framework, FMEA, Strategic Cost Mgmt (i.e., Price-Risk Sharing...https://lnkd.in/exgE5Aud), & case studies that we create (see Steelcase below).This is pre-covid research that gets way more reads today versus when it...

Subject: Read: Please Watch Out for Power BI or Tableau. Do not be a victim of technology. Put these skills on your resume if you have them! Students:

Subject: Read: Please Watch Out for Power BI or Tableau. Do not be a victim of technology.  Put these skills on your resume if you have them! Students:More and more employers are asking students during job interviews if they know how to use Power BI or Tableau.  For example, Eaton Corp in Galesburg, MI uses Power BI to visualize data and Kellogg's is called Tableau world because they use Tableau so much....

Subject: Read: Apple’s Core Competency is SCM? I thought it was technology/innovation? Students: Apple’s Core Competency is SCM?

Subject: Read: Apple's Core Competency is SCM? I thought it was technology/innovation? Students:Apple's Core Competency is SCM?https://www.youtube.com/watch?v=bMLbnsKGRfoNotice how Apple went from $300B in cash to $200B and now to $165B.  Where did it go?  It appears that this company that outsources almost everything is taking ownership of very selective parts of its supply chain.  It will now start doing most of its own design work (i.e., chips, screens, etc.) & it will...

Full time jobs – non asset based 3PL. FYI – this is a trillion dollar industry in America alone, stuff has to get moved around by someone…

Full time jobs - non asset based 3PL (I will talk about these companies in class the next time we meet, but I wanted to send this because there will be several at the career fairs and they have lots of jobs, just pay attention to what kinds of jobs - i.e., sales)....FYI - this is a trillion dollar industry in America alone, stuff has to get moved around by...

Feedback from former student on consulting jobs after graduation…just in case you see some at the career fairs. Consulting is simply “problem-solving”. “You get paid in direct proportion to the difficulty of the problems you solve” – Elon Musk

Subject: Read: Feedback from former student on consulting jobs after graduation...just in case you see some at the career fairs.  There will be several at the MSU career fairs. Consulting is simply "problem-solving".“You get paid in direct proportion to the difficulty of the problems you solve” - ElonMusk  Students: Here is my perspective on jobs that too many students do not give enough serious consideration to (it is all about fit though)...https://www.youtube.com/watch?v=n879P75eSUs&t=793s...