Author: Sime Curkovic

Some employers are giving students 3 days to make decisions on full time job offers several months before graduation? One student asked if that was ethical or even legal. Exploding job offers & do you want a full time job to begin in a job rotation?

Some employers are giving students 3 days to make decisions on full time job offers several months before graduation? One student asked if that was ethical or even legal. Exploding job offers & do you want a full time job to begin in a job rotation? https://lnkd.in/ervskG5 My students will be coming back to school from their summer internships soon. Many of them will have received full time offers from their internship &...

The semi-conductor supply chain arguably powers the entire global economy (certainly the digital economy). This was a great interview about a complicated far reaching topic, but I needed help visualizing it and this one really helped (sometimes I need pictures):

The semi-conductor supply chain arguably powers the entire global economy (certainly the digital economy). This was a great interview about a complicated far reaching topic, but I needed help visualizing it and this one really helped (sometimes I need pictures):https://lnkd.in/gyHPakH5 https://www.cnbc.com/video/2022/06/28/this-is-the-moment-for-the-u-s-to-create-an-accelerated-chips-capacity-says-globalfoundries-ceo.html "The millions of digital devices we use, from smartphones to electric cars, computers, robotics, and the businesses they enable, only function thanks to the intricate chips built on semiconductors....

Dear Industry: If you want more super talented female supply chain professionals, then invest in SCM programs.

Dear Industry: If you want more super talented female supply chain professionals, then invest in SCM programs. For example, provide scholarships to attract women to the major & reward them for performing exceptionally well. If you do that, more will come & they will want to work for you. You could hire world class talent like this:https://lnkd.in/gAZYpsRThttps://lnkd.in/egF4kWM https://www.forbes.com/sites/committeeof200/2022/06/01/women-can-lead-the-way-through-supply-chain-challenges/?sh=76d02b5f29bc Gap narrowing for women and people of color at public companies.See: ASCM's...

Explanation on Single Sourcing versus 70/30 Split I had a student email me with this work situation. How would you handle this situation?…

Explanation on Single Sourcing versus 70/30 SplitI had a student email me with this work situation. How would you handle this situation?...Our current supplier is a small subsidiary of a parent company that is considered very high risk by our credit & finance group. They do not want us to do business w/ this supplier because based on their financials the parent company could easily go bankrupt. The problem is this...

People love salary data (me too). “The demand for logistics talent has never been greater. The low unemployment rate has created a supply/demand imbalance, spurring employers to raise salaries in a bid to attract and retain top talent.

People love salary data (me too). "The demand for logistics talent has never been greater. The low unemployment rate has created a supply/demand imbalance, spurring employers to raise salaries in a bid to attract and retain top talent. Of the 454 respondents to DC Velocity’s 19th annual Salary Survey, 72%) saw a boost in their total compensation in the past year." https://lnkd.in/gESQFNZa & https://lnkd.in/gW-U-KHK & https://lnkd.in/gJquYyT4 https://www.linkedin.com/posts/sime-curkovic-61617a115_more-scm-jobs-than-there-are-candidates-activity-6948610876480397313-CTkg?utm_source=linkedin_share&utm_medium=member_desktop_web SCM $ Information –2021: https://lnkd.in/gpMvehY52021: https://lnkd.in/gn5jM9xt2020: https://lnkd.in/gcsrX6tr2018: https://lnkd.in/gTBMP5dMhttps://lnkd.in/eQvfFMchttps://lnkd.in/g7YamZCU Newer Supply Chain Salary Data....

Procurement 101: Explanation on Commodities (Are computer chips still commodities? I think it depends on how you buy them).

Procurement 101: Explanation on Commodities (Are computer chips still commodities? I think it depends on how you buy them). Companies are outsourcing commodities to increase value. Value is lowering costs & improving performance (e.g., quality, service, & flexibility). A commodity is defined as being something for which several qualified suppliers exist. Typically, buying organizations will use several rounds of the competitive bidding process to pick a low cost supplier. Buying organizations will send...

Tesla workers who started their jobs only months or even weeks ago have been let go while others have had offers withdrawn (is that reneging?)

No major or industry is recessionary proof. However, SCM majors do just fine. When sales are down, how do you make more money? Cut costs. Where are most of your costs? In the supply chain. Tesla workers who started their jobs only months or even weeks ago have been let go while others have had offers withdrawn (is that reneging?). Other big orgs "rescinding" job offers to recruits, see: https://lnkd.in/dNEVmfqA. Ugh, this...

A few students out there have asked: How can SCM impact the bottom line? No other major has a greater impact on what goes into the ROI calculation.

A few students out there have asked: How can SCM impact the bottom line? No other major has a greater impact on what goes into the ROI calculation. That is why you will likely be immediately bonus eligible & your highest ranking functional area leader will have a VP in front of their name. For handout on ROI:https://lnkd.in/gcpbi2Tk Watch these 3 parts: https://www.youtube.com/watch?v=-Gt71HxWvl4&t=116s https://www.youtube.com/watch?v=m4gdWY8IUaA&t=26s https://www.youtube.com/watch?v=0RsxriBsEx4&t=3s Explanation:Remember, ROI = profit margin * asset...

“They paint a picture of an industry with stellar opportunities, including a median salary for supply chain professionals of $86K, 38% above the national number, & a typical starting salary for industry newcomers of $60K.”

“They paint a picture of an industry with stellar opportunities, including a median salary for supply chain professionals of $86K, 38% above the national number, & a typical starting salary for industry newcomers of $60K.” https://www.supplychainbrain.com/blogs/1-think-tank/post/33902-the-supply-chain-industrys-dilemma-great-career-too-few-candidates “After the recruiting process, I received 7 offers…$ in SCM are going up & avg $10-20K higher than entry-level positions in other fields…There are more jobs for supply chain professionals than there are candidates.” https://lnkd.in/gVVduufe...

As a buyer, you have every legal right to say you want a “cost breakdown” of the price they gave you. Let’s say you have a supplier and you are starting to get the vibe that you are overpaying. What can you do? You could ask them for a cost break down.

As a buyer, you have every legal right to say you want a “cost breakdown” of the price they gave you. Let’s say you have a supplier and you are starting to get the vibe that you are overpaying. What can you do? You could ask them for a cost break down. https://lnkd.in/gC2THQWB When you ask a current or potential supplier to submit an RFQ (Request for Quotation), you are asking them to...