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Did you know that 80% of the global goods trade is transported over sea? FYI: COSCO Shipping (#4 on list) is China’s state-owned shipping company. For context, Chinese state-owned enterprises have ownership stakes in terminals at five U.S. ports. See:

Did you know that 80% of the global goods trade is transported over sea? FYI: COSCO Shipping (#4 on list) is China’s state-owned shipping company. For context, Chinese state-owned enterprises have ownership stakes in terminals at five U.S. ports. See:https://lnkd.in/g3AfzPAj? https://www.visualcapitalist.com/dipping-cost-of-shipping/ I had a student ask me why don’t all those shipping containers have smart technology attached to them? I said I am very certain some do. He asked what %? I was...

The online program through UM’s Ross Business School ranks No. 1 in Michigan & No. 18 in the nation. It is the only Michigan university ranked in the top-100 out of 344 programs that were ranked…Well, that darn MBA degree still has a great ROI…“Over their lifetime, an MBA grad can expect to earn $3M more than someone w/ only a bachelor’s.” Great ROI!?…

The online program through UM’s Ross Business School ranks No. 1 in Michigan & No. 18 in the nation. It is the only Michigan university ranked in the top-100 out of 344 programs that were ranked... https://www.mlive.com/news/ann-arbor/2023/01/these-michigan-colleges-have-the-best-online-mba-programs-us-news-ranking-says.html Well, that darn MBA degree still has a great ROI...“Over their lifetime, an MBA grad can expect to earn $3M more than someone w/ only a bachelor’s.” Great ROI!?...At about 98% of universities...

My students are asking for a summer reading list (I just wish they would also read the syllabus…because my reading list is in there!). Reading List: A great book read for CFO types that want to understand SCM types (or the other way around?): “Supply Chain Metrics that Matter”…The book links corporate financials to supply chain maturity, & what metrics matter most.

My students are asking for a summer reading list (I just wish they would also read the syllabus…because my reading list is in there!). Reading List: A great book read for CFO types that want to understand SCM types (or the other way around?): "Supply Chain Metrics that Matter"...The book links corporate financials to supply chain maturity, & what metrics matter most. https://natfluence.com/how-to-get-more-money-reading-business-books/#:~:text=According%20to%20Sales%20%26%20Marketing%20Executives,successful%20people%20have%20in%20common The video shows 7 business books recommended by Stanford...

CPIM is now reconfigured under version 8.0 moving from two courses & two exams to one. Students: 3 supply chain orgs you can join (ISMworld.org-$35, CSCMP.org, $40 & ASCM.org for free!). SCM pros w/ at least 1 APICS cert have a median salary of $90K, which is 27% higher than those w/o a cert. (according to the 2021 Career Report). https://lnkd.in/eTfdkA94

I would highly encourage you to join orgs related to what you are majoring in. Send the message to employers that you plan on being an engaged member of your discipline. Also, these orgs have certs which can be used to externally validate you as a subject matter expert. Send the message to employers that you are aware of these certs & these certs are a part of your career goals. Further,...

Req’d reading for all SCM managers, faculty, & students? According to the government: This Strategy presents a vision for U.S. leadership in Adv Mfg that will grow the economy, create jobs, enhance environmental sustainability, address climate change, strengthen supply chains, ensure national security, & improve healthcare

Req'd reading for all SCM managers, faculty, & students? According to the government: This Strategy presents a vision for U.S. leadership in Adv Mfg that will grow the economy, create jobs, enhance environmental sustainability, address climate change, strengthen supply chains, ensure national security, & improve healthcare. https://lnkd.in/ggdQUi_u 2021 White House Report on “supply chain resilience” (Warning: this is 250 pages)...https://lnkd.in/gqsfBkK4 And do not forget these 6 other SCM reports: Exactly one year after...

Both women’s & men’s compensation fell in 2021. From the Institute of Supply Management 2022:

Both women’s & men’s compensation fell in 2021. From the Institute of Supply Management 2022 - https://lnkd.in/g2dVpbeK & https://lnkd.in/gHMUSv_s. 2021 $ (deep into covid): https://lnkd.in/g-SfG93A & https://lnkd.in/gn5jM9xt. 2020 $ (before covid): https://lnkd.in/gz8WQEhr. 2018 $: https://lnkd.in/gV53aggX. Salaries per "ASCM/APICS" $: 2022 https://lnkd.in/gtYC5Cnw vs 2021 https://lnkd.in/gpMvehY5 vs 2020 https://lnkd.in/gcsrX6tr.FYI from 2019:https://lnkd.in/grttnhZm2018: https://lnkd.in/gTBMP5dM Salaries per "DC Velocity": 2021 https://lnkd.in/gESQFNZa vs 2020 https://lnkd.in/gW-U-KHK vs 2019 https://lnkd.in/gJquYyT4. Newer Supply Chain Salary Data. Avg salary $144,017 (2021: $131,771): https://lnkd.in/gESQFNZa - 2022 salaries are up across the board. On avg, supply chain pros are making $126,215/yr, an increase from...

FYI: This is how Harvard thinks you should negotiate an internship or job offer (not bad). Do I think students should negotiate an INTERNSHIP or FULL-TIME offer (i.e., a higher salary)? Yes, since some orgs are offering students 20-30% below market value (but only if you know how to negotiate).

FYI: This is how Harvard thinks you should negotiate an internship or job offer (not bad). Do I think students should negotiate an INTERNSHIP or FULL-TIME offer (i.e., a higher salary)? Yes, since some orgs are offering students 20-30% below market value (but only if you know how to negotiate). The avg supply chain internship is $44,918/yr, or $21.6/hr. People on the lower end, bottom 10%, make $37K/yr ($17.80/hr), while the top 10% makes...

Advice from this college professor (aka, educated idiot): There are already > 22,000 SCM 2023 internships posted & > 60,000 business related internships. I had a student 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…

There are already > 22,000 SCM 2023 internships posted: https://lnkd.in/gRKmr7QE & https://lnkd.in/gt98WuvK & > 60,000 business related internships.https://lnkd.in/gmMH5myb Tips/advice from this college professor (aka, educated idiot):1. Read. People that read a lot make more $ (2.3 times more?!)https://lnkd.in/ggBDzJrp2. Learn the job saving technology.https://lnkd.in/eu7ANq6 & https://lnkd.in/gE3wp6JU 3. Learn to interview well.https://lnkd.in/ePzz3NG and https://lnkd.in/eZgTxWcHow to prep for virtual career fairs: https://lnkd.in/evKd-VzQBeing job ready…https://lnkd.in/ed-ZfanD4. Learn to negotiate ($).https://lnkd.in/gMJYNJkh and https://lnkd.in/guTUcvdu5. Learn to network & use LinkedIn. https://lnkd.in/gPZPQtqR & https://lnkd.in/dAwyTUy & https://lnkd.in/gFa3iCsg. 6. Delay graduation...

Yes, it is now time to start applying & interviewing for summer internships. Companies get budgets for internships approved months ahead of time & they often recruit nationally for the best talent. Some want to get this wrapped up by the end of the year, but you have to start looking now. Do not wait until Spring 2023 to find a Summer 2023 internship. Note, around ½ my students line up summer internships in the Fall & the other ½ during the Spring (so, it’s never too late). Just look at how demand > supply…

Yes, it is now time to start applying & interviewing for summer internships. Companies get budgets for internships approved months ahead of time & they often recruit nationally for the best talent. Some want to get this wrapped up by the end of the year, but you have to start looking now. Do not wait until Spring 2023 to find a Summer 2023 internship. Note, around ½ my students line up summer...

Does Apple or Google make phones in the USA? Nope. Personally, I wish there were more good paying jobs for less skilled workers in the U.S., but that’s not the world we live in anymore.

Apple Makes Plans to Move Production Out of China: https://lnkd.in/g5fnbiUQ. World's largest iPhone factory needs 100K new workers ahead of holidays: https://lnkd.in/gGhPW_UT. "New workers will be offered a salary of 30 yuan ($4.16) per hour…would offer staff who had left in recent weeks a one-off bonus of 500 yuan ($69.28) should they return." Does Apple or Google make phones in the USA? Nope. Personally, I wish there were more good paying jobs for...