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If you look at this 2020-2030 job growth chart closely, all things supply chain related scored VERY well (i.e., operations & logistics).  https://www.visualcapitalist.com/the-20-fastest-growing-jobs-in-the-next-decade/ Basically, we are going to see 20-30% growth in SCM jobs over the next decade. Also, the jobs in SCM pay VERY well. Lastly, the data science jobs scored off the charts in growth & pay. So, SCM + data science = jobs & $. Finally, automation is killing all...

It’s the droughts! Climate is ‘the No. 1 reason why food prices go up: https://lnkd.in/gRumzRa8. https://www.visualcapitalist.com/visualising-the-greenhouse-gas-impact-of-each-food/ WMU launches food marketing graduate certificate. FMK + SCM = Jobs: https://lnkd.in/gBfwKyUA. Double Majors: Food & Consumer Packaged Goods Marketing (FMK) + Supply Chain = Multiple Job Offers (i.e., Stryker, J & J, Kellogg’s, Hormel, Pepsico, Coca-Cola, etc.). See also post from David Shillingford: https://lnkd.in/gie_uGvm WMU FMK: Ranked Top 10, WMU SCM: Ranked Top 10https://lnkd.in/ec9fQuahttps://lnkd.in/eRWMVP6https://lnkd.in/e9j33EQ I am...

Hottest MBA Degree Now? Supply Chain Management. That darn MBA degree still has a great ROI!...“Over their lifetime, an MBA graduate can expect to earn $3 million more than someone with only a bachelor’s degree.” When is the right time for grad school? The avg age is 33. I find the age stat to not be too meaningful. For anyone <33, you will likely be the first centurion generation. That means you will live...

I just did this in class. Do you understand exchange rates & how it impacts Supply Chain Management? Many struggle. Let's practice- https://lnkd.in/eHNiCXrm Let’s say you just graduated from a SCM program. You have accepted a job offer from Boeing as a Buyer in Seattle. You will help Boeing identify suppliers to help meet its material needs. You must immediately find a supplier which can supply Boeing with electrical wiring harnesses. You find a supplier...

Look closely. I think I understand this. AMERICA (not Saudi Arabia) makes more oil per day than any other country (by far!). Here’s the problem, we consume more oil than we make (around -2M barrels/day). Also, that non-American oil is cheaper than American oil for Americans! Further, American refineries have to turn that oil into things like gasoline, heating oil, jet fuel, etc. Our refineries are at full capacity & are...

Had 2 former students this week leave their jobs because of $...After thousands of students, I would say the #1 reason my students change jobs is...their boss. Money becomes a factor when they can make >20% elsewhere (#2 on list below). https://www.weforum.org/agenda/2022/08/economic-stories-this-week-5-august?utm_source=linkedin&utm_medium=social_scheduler&utm_term=Geo-economics&utm_content=05/08/2022+20:00 FYI: WMU students can major in Leadership (however, they have to have another major also, make sense?). 10 Most Important Leadership Skills For The 21st Century Workplace (&...

Ford Motor Company comes in at No. 11 as "Best Employer in Michigan". https://lnkd.in/ghhH3WhB. Also, Ford Confirms Layoffs, Says It Is Cutting About 3,000 Jobs. 2,000 of the cuts will be salaried jobs at the Dearborn, Mich., auto maker. WSJ: https://lnkd.in/gTJUBupw. Leaders of the Dearborn, Michigan, automaker made the announcement Monday in a companywide email (email is not dead?). https://lnkd.in/gWc7fmAU https://www.mlive.com/news/2022/08/these-are-the-15-best-employers-in-michigan-forbes-survey-says.html Also, Ford is raising the price of its electric SUV as much as...

"Reshoring Is Soaring in 2022—with 350,000 New Jobs Predicted." I keep having doubts about the reality of reshoring (from China), but that trend line below is steep & positive & very linear. https://www.engineering.com/story/reshoring-is-soaring-in-2022with-350000-new-jobs-predicted See Factory Building Boom chart at: https://lnkd.in/gSJRF3V3 Construction of new mfg facilities in the US has soared 116% over the past year, dwarfing the 10% gain on all building projects combined. In January, a UBS survey of C-suite executives...

“…could mean that the recent decline in the real prices of oil, minerals, and agricultural products will persist.” https://www.project-syndicate.org/commentary/slower-growth-higher-interest-rates-lower-commodity-prices-by-jeffrey-frankel-2022-08?barrier=accesspaylog However, do not forget (from the FBR of Chicago): Durables had a larger inflation contribution in the U.S. than in ANY OTHER country in the OECD. “This strength in U.S. durable goods demand during the pandemic & recovery is unusual (hmmm, stimulus?)…Throughout most countries in the sample, consumers behaved as we...

I used to think these salary increases were impressive, but then I saw inflation. 2018 $: https://lnkd.in/gV53aggX.2020 $ (right before covid): https://lnkd.in/gz8WQEhr.2021 $ (deep into covid): https://lnkd.in/g-SfG93A & https://lnkd.in/gn5jM9xt. Had 2 former students this week leave their jobs because of $...After thousands of students, I would say the #1 reason my students change jobs is...their boss. Money becomes a factor when they can make >20% elsewhere (#2 on list below).https://lnkd.in/gtPvk_mx FYI: WMU students can major...