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WMU named a Best College for Future Leaders by TIME, overall ranking No. 79 in the nation & 3rd in the state. Yes, ranked: Supply Chain Management (along w/ several other business programs at WMU). For complete WMU list, see:

WMU named a Best College for Future Leaders by TIME, overall ranking No. 79 in the nation & 3rd in the state. Yes, ranked: Supply Chain Management (along w/ several other business programs at WMU). For complete WMU list, see: https://lnkd.in/eSSKmGg9. Methodology: https://lnkd.in/diQNWwHn. WMU SCM Program information: https://lnkd.in/eibhncPz. Students: If you are a student majoring in something, but your school is not on some list, do not worry about it!...

Vertical Integration, are we coming full circle? I spent the last 3 decades showing students how aggressive outsourcing strategies have been a hallmark of industry, driven by the pursuit of cost reductions, wider margins, higher asset turnover rate, and better ROI.

Vertical Integration, are we coming full circle? I spent the last 3 decades showing students how aggressive outsourcing strategies have been a hallmark of industry, driven by the pursuit of cost reductions, wider margins, higher asset turnover rate, and better ROI. This trend saw delegating significant portions of their production and services to external partners, often in lower-cost regions. https://www.detroitnews.com/story/business/autos/general-motors/2024/02/07/gm-lg-chem-establish-19-billion-battery-supply-deal/72508406007/ However, recent years have witnessed a noticeable shift as businesses...

“New data shows that for the first time in over 20 years, the U.S. bought more from Mexico than China in 2023… Exports from Mexico to the U.S. in 2023 totaled a sum of $476 billion as China’s imports to the U.S. dropped by 20%.”

"New data shows that for the first time in over 20 years, the U.S. bought more from Mexico than China in 2023… Exports from Mexico to the U.S. in 2023 totaled a sum of $476 billion as China’s imports to the U.S. dropped by 20%." https://wwmt.com/news/nation-world/mexico-overtakes-china-as-top-exporter-to-us-in-2023-deglobalization-reglobalization-geopolitics-supply-chains-imports-exports-us-commerce-department-investments From me: "Made in Mexico" could contain a significant portion of components or materials that were originally manufactured in China. This might be the case...

Students: Do not forget to say thank you after those career fairs and networking…For more help, pasted below are links from Harvard, Yale, MIT, & WMU (112 pages). Many college grads struggle to land jobs due to a lack of preparedness: “Nearly 20% of employers said they’ve even had a recent college grad bring a parent to an interview.”

Students: Do not forget to say thank you after those career fairs and networking...For more help, pasted below are links from Harvard, Yale, MIT, & WMU (112 pages). Many college grads struggle to land jobs due to a lack of preparedness: https://lnkd.in/egfwBsKj. “Nearly 20% of employers said they've even had a recent college grad bring a parent to an interview.” Should college grads negotiate a job offer (i.e., a higher...

Great read (see our new apprenticeship program below): From article…“In some ways, it’s odd supply chain & procurement hadn’t come to the forefront sooner….Managing complex processes on paper or w/ spreadsheets is impossible…

Great read (see our new apprenticeship program below): From article…“In some ways, it’s odd supply chain & procurement hadn’t come to the forefront sooner….Managing complex processes on paper or w/ spreadsheets is impossible…All told, the supply chain may comprise as much as 37% of all jobs – 44M jobs…64% of companies are experiencing a supply chain talent gap...Colleges aren’t providing any coursework or training on Salesforce, Workday, or SAP. And if they’re not...

Today in class: 120 days?…A student asked me if these payment terms were an issue for smaller sub-tier suppliers (young students can be very observant).

Today in class: 120 days?...A student asked me if these payment terms were an issue for smaller sub-tier suppliers (young students can be very observant). “20 years ago, when a supplier delivered a finished product to a commercial aerospace customer, it generally was paid w/i 30 days. In the early 2010s, major OEMs increased terms to 60 days. By the late 2010s, terms reached 90 days, & today the standard...

Salary Data $$$. A very good read from Zetwerk. “Purchasing managers had the highest median salary of the jobs studied, at a $131,350 average. The overall median salary was $90,812. Logisticians have a 10-year projected growth rate of 18%.”

Salary Data $$$. A very good read from Zetwerk: https://lnkd.in/eHWZ7DGf. Also, a nice summary from SCM Review: https://lnkd.in/e_y2Yn5P. “Purchasing managers had the highest median salary of the jobs studied, at a $131,350 average. The overall median salary was $90,812. Logisticians have a 10-year projected growth rate of 18%.”More procurement salary data from CIPS: https://lnkd.in/evxDb7Kw.Great time to be a supply chain student: “…growth in procurement salaries overall in North America is 5% & the...

Notice SCM made the list: #5. Supply Chain (Logistics): $52,290. Note, WMU SCM grads (2022) have a median wage range of $65-$75K. I have been trying to explain SCM to high schoolers. It’s not that easy.

Notice SCM made the list: #5. Supply Chain (Logistics): $52,290. https://finance.yahoo.com/news/majored-one-18-subjects-ll-193945292.html Note, WMU SCM grads (2022) have 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 job postings for supply chain managers on LinkedIn more than doubled between 2019 & 2022: https://lnkd.in/gyWH5gxt. The U.S. supply chain accounts for 37% of...

The Food Marketing Conference is quickly approaching. It will be held March 26 – 27, 2024.

The Food Marketing Conference is quickly approaching. It will be held March 26 - 27, 2024. https://www.linkedin.com/posts/sime-curkovic-61617a115_wmu-named-to-top-list-for-consumer-goods-activity-7165693947158147072-Dhgr?utm_source=share&utm_medium=member_desktop If you would like to attend, please complete your registration at the link below. I've attached the brochure so you can review the speakers and the full agenda. If you have any questions, please let me know. I hope you can attend! https://lnkd.in/gn4BHuZZ.Direct other questions to:Lisa YoutzyFood Marketing Program CoordinatorWestern Michigan University(269) 387-2132lisa.youtzy@wmich.edu11...

We are talking about this in class right now (along w/ Negotiation): “OEMs had an avg profit margin of 8.1% in the 1st quarter, more than 2% higher than auto suppliers…while suppliers stabilized between 5-6%…The challenge for suppliers is that they’re suffering from higher material & energy costs, which they can only partially pass on to OEMs.”

We are talking about this in class right now (along w/ Negotiation): “OEMs had an avg profit margin of 8.1% in the 1st quarter, more than 2% higher than auto suppliers…while suppliers stabilized between 5-6%...The challenge for suppliers is that they’re suffering from higher material & energy costs, which they can only partially pass on to OEMs.” https://lnkd.in/gY__BVRs https://www.bain.com/insights/automotive-profitability-how-oem-and-supplier-margins-are-faring-interactive/?utm_medium=social_advocacy&utm_source=LinkedIn-dysi&utm_content=8e152660-72ab-465b-b5f9-aa01a0fdeb2a&utm_term=169324 Almost 1/2 of U.S. employees do not feel confident in their...