blog

Combined with a MFG recession (maybe flat best case), it might be time for price risk sharing in these buyer-supplier relationships. Also, get ready for another supply chain disruptor: no succession planning…Do not forget where most of the supply chain is: Small Businesses.

Combined with a MFG recession (maybe flat best case), it might be time for price risk sharing in these buyer-supplier relationships: https://lnkd.in/eRm5Cdxw. Also, get ready for another supply chain disruptor: no succession planning…Do not forget where most of the supply chain is: Small Businesses. https://www.supplychaindive.com/news/financial-risk-health-supply-chains-suppliers-buyers-pre-pandemic-Rapid-Ratings/708789/ Small Businesses Play a Big Role in Supply-Chain ResilienceFrom HBR article: https://lnkd.in/eY_zBxqz.“The U.S. has an opportunity to do more than just get its supply chains...

I would say this is the #1 reason my students change jobs (it’s their boss). Money becomes a factor when they can make > 20-40% elsewhere (which has been happening since covid). Assessing whether a potential future boss is a good fit for you is a crucial step during the interview process. It might be a little aggressive, but I encourage my students to ask: “How would you describe your leadership style?” The answer might help you gain insights into their leadership style, expectations, and compatibility with your own work preferences and career goals.

I would say this is the #1 reason my students change jobs (it's their boss). Money becomes a factor when they can make > 20-40% elsewhere (which has been happening since covid). Assessing whether a potential future boss is a good fit for you is a crucial step during the interview process. It might be a little aggressive, but I encourage my students to ask: "How would you describe your...

Demonstrating self-awareness during an interview is huge. I tell my students to always answer the “what is your weakness” question in the context of having a strategy to fix it (explain what you have done about it, actual RESULTS). For example, from the article:

Demonstrating self-awareness during an interview is huge. I tell my students to always answer the “what is your weakness” question in the context of having a strategy to fix it (explain what you have done about it, actual RESULTS). For example, from the article: https://lnkd.in/e3ctfpey.“The key to answering that question: You spend about 10% of it explaining the weakness and 90% of it explaining how you are working on weakness,”...

One example: Managing inflationary price risks in supplier-buyer contracts through indexing: Operational challenges and solutions…Work smart and be effective. How? Some Practices that Can Make Your Commodity Related Supply Chain Job More Fun and Rewarding ($$$ – think automation):

Very consistent with feedback from former students (they spend a lot of time manually updating spreadsheets): “Even as more organizations recognize the value of automating processes in controlling spend, many are not investing the necessary resources to do so…40% of procurement teams said manual and inefficient processes are holding them back from fully addressing C-suite’s critical business priorities.” https://www.scmr.com/article/the-disconnect-between-procurement-budgets-and-efficiency?utm_source=Newsletter&utm_medium=Email&utm_campaign=twisc&oly_enc_id=3358G3995623A8W One example: Managing inflationary price risks in supplier-buyer contracts through indexing: Operational...

The top 15 supply chain management certifications:

The top 15 supply chain management certifications: https://lnkd.in/eVAeun_Y. Top Supply Chain Certifications and Training Programs Valued by Employers in 2024: https://lnkd.in/efTUd7NN. 11 Supply Chain Certifications To Advance Your Career: https://lnkd.in/g8d6Kva7. Do Certificate Programs Pay Off: https://lnkd.in/ewbRpRrw. https://www.supplychain247.com/article/supply-chain-credentials-career-advancement?utm_source=Newsletter&utm_medium=Email&utm_campaign=education&oly_enc_id=3358G3995623A8W New: The Supply Management Certification for STUDENTS - The Associate Professional in Supply Management (APSM) certification allows active ISM STUDENT members to take control of their career development…https://lnkd.in/gVwq-e7t.The Institute of Supply Management has...

HEY College Students: Do not begin an email message with “Hey” & always finish it with “Thank you.” Most college students do the bulk of their electronic communication via text messaging. Standards for emailing are different, especially in professional settings. Students’ emails WILL 100% influence the way others (potential employers) view them.

Since classes have started (and so have the emails)...“ https://www.forbes.com/sites/tracybrower/2023/05/23/how-to-write-a-professional-email-that-boosts-your-credibility-4-tips/?sh=3f67a7404d30 …4.3 billion people use email daily…In addition, 300 billion emails are sent each day, w/ about 127 emails sent per person.” On avg, professionals spend 28% of their workday just reading & writing emails, which amounts to an unbelievable 2.6 hours & 120 messages received every day (in SCM it’s way more). Will Email Stand The Test Of Time?https://lnkd.in/gz9NTye2HEY College Students: Do...

Is Python a must-have skill in the supply chain? How much Python do I need? Our CIS 2650 is not just a Python class, but instead a Python class for analytics. I had a SCM professional ask: “I don’t even know basic python yet . I want to get to the more advanced items but I am not ready yet . I’ve done research into different courses but there are so many basic courses, I’m not sure which one is actually useful for someone looking to do supply chain analysis.”

Is Python a must-have skill in the supply chain? https://lnkd.in/dcEJuZJX. How much Python do I need? https://lnkd.in/e6Rmzpw. Our CIS 2650 is not just a Python class, but instead a Python class for analytics. https://lnkd.in/dcEJuZJX. I had a SCM professional ask: “I don’t even know basic python yet . I want to get to the more advanced items but I am not ready yet . I’ve done research into different courses...

FYI, for my international students: International Student Job Exploration and Career Prep Event: https://lnkd.in/e4tQtTrV. Student info: https://lnkd.in/edzrUG5j.

FYI, for my international students: International Student Job Exploration and Career Prep Event: https://lnkd.in/e4tQtTrV. Student info: https://lnkd.in/edzrUG5j.Employer info: https://lnkd.in/e2nhApPWOct. 22, 2 to 5 p.m. at the WMU Student CenterCo-hosted by the International Student Council (ISC) and Career and Student Employment Services (CSES), international students have the opportunity to meet with employers who are vetted to hire students for OPT, CPT and employer sponsorship visas and learn about internship and full-time opportunities.Event...

ASCM/APICS now has a Supply Chain Technology Certificate, $495, 20 hrs of online training (hmm). Topics covered: Blockchain, Adv Analytics & Automation, Internet of Things, Cybersecurity, Demand Planning Technologies, & Additive Mfg (3D Printing). This covers a LOT of ground in 20 hrs.

ASCM/APICS now has a Supply Chain Technology Certificate, $495, 20 hrs of online training (hmm). Topics covered: Blockchain, Adv Analytics & Automation, Internet of Things, Cybersecurity, Demand Planning Technologies, & Additive Mfg (3D Printing). This covers a LOT of ground in 20 hrs. https://lnkd.in/gbrJJa9v.For example, see their Adv Analytics & Automation…Objectives:1. Define adv analytics & automation.2. Compare & contrast descriptive, diagnostic, predictive, prescriptive, & cognitive analytics.3. Explain the process of data mining...

Common theme: BIG DATA is not going away, BUT one must understand why/when certain data formats create more value. Many of our supply chain students get a minor in Business Analytics & we actually teach a variant of Wide/Small data called Association Analysis (our Business Data Mining class).

Common theme: BIG DATA is not going away, BUT one must understand why/when certain data formats create more value. Many of our supply chain students get a minor in Business Analytics & we actually teach a variant of Wide/Small data called Association Analysis (our Business Data Mining class). https://www.linkedin.com/posts/sime-curkovic-61617a115_common-theme-year-after-year-big-data-is-activity-7089240608581566465-AfnZ?utm_source=share&utm_medium=member_desktop Notice #5: A Shift From Big Data To Small & Wide Data- 8 Trends Predicted To Define Data Analytics: https://lnkd.in/gi-iZ-Gb. From the...