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AI will likely have the greatest impact on SCM through the 2020s. However, one thing often not mentioned is the attitude of the hiring managers.

“Consulting firm McKinsey projects a supply-chain shattering event will happen every 3.7 years, on avg. Since the pandemic started approximately 2.5 years ago, the clock is ticking…” *orgs utilizing AI spend less on processing & require 53% fewer transactional FTEs than companies w/o AI. *Contract Analytics: Gartner - by 2024, the current amount of manual effort for contract review will be reduced by 50%. *Estimated 80% of supplier-related data is unstructured or “dark data.” ...

I cannot express to you how strong the Tesla brand is w/ my college students, it’s their future car of choice (& I work in Michigan & most are from metro Detroit!!).

Note, some OEMs have already reached the 200K vehicle-cap for this year’s credit, meaning those vehicles won’t qualify for the tax credit again until Jan. 1, 2023. I think that includes all Tesla & GM EV’s. Full list at: https://lnkd.in/gGnCE7AB. Starting 2023, the credit will only be available to individuals earning < $150K/yr, or married couples earning < $300K, & will only be offered on EV cars costing < $55K &...

America ranks as one of the best countries to start a business in (Top 5-10 usually), but it does vary by state.

America ranks as one of the best countries to start a business in (Top 5-10 usually), but it does vary by state. I was going to guess Texas #1 & Florida #2 (not NC). I still need to pitch my region (Great Lakes)…We are already the 3rd largest economic region in the world (GDP > $6T). The impact of the Chips Act on MI will be a curious thing.…1/3 of chips...

U.S. Based firms have a market cap exceeding 50% of the total in MOST industries. For example, U.S. firms make up a staggering 73% of the IT sector. Healthcare U.S-based stocks, make up 65% of the sector’s market cap.

Note, this data comes from right before covid, but...U.S. Based firms have a market cap exceeding 50% of the total in MOST industries. For example, U.S. firms make up a staggering 73% of the IT sector. Healthcare U.S-based stocks, make up 65% of the sector’s market cap. I would have never guessed this, but as an investor, maybe I need to diversify a little (i.e., non-American markets & orgs?).https://lnkd.in/gVRvmBjR https://www.visualcapitalist.com/us-companies-global-markets/ However, there is the “Made...

Also, employers beware – too much remote work for college grads & young professionals is VERY dubious territory for their professional development.

Live shot of campus: https://lnkd.in/eVAymYz. About 4,000 students will be living in on-campus housing this year! I will be fully back to normal w/ my students in a few days & I am very grateful after 2.5 years of less than normal. I actually returned to Face to Face teaching Fall 2021; however, teaching w/ a mask on was challenging (I completely took for granted the importance of facial expressions in...

Please consider opportunities at smaller firms so that you can get a lot of broader all encompassing complete enterprise cross functional work experience (i.e., a job that allows you to wear many different hats).

FYI: 60% of the US workforce is employed by a family-owned business. I have a former supply chain student that works for a small company. He does everything on the slide below. He is basically their VP of SCM and he reports directly to the owner. I have other students that work for VERY large companies & they only do one of the dots on the slide. In fact, they might only do a...

This commercial popped up on my computer & I could not stop watching. I might have to use this in my Intro to SCM class. Brilliant. I have not watched a 2 minute commercial since…ever?

This commercial popped up on my computer & I could not stop watching. I might have to use this in my Intro to SCM class. Brilliant. I have not watched a 2 minute commercial since…ever? https://www.youtube.com/watch?v=wDuwGZcfz0I 11 trendy things we are doing in the WMU supply chain program (maybe create a funny commercial)… 1. Getting hit w/ a price increase? We will be looking at raw material market data from multiple...

Required reading for all SCM managers, faculty, & students? 2021 White House Report on “supply chain resilience” (Warning: this is 250 pages)…And do not forget these 6 other SCM reports:

Required reading for all SCM managers, faculty, & students? 2021 White House Report on “supply chain resilience” (Warning: this is 250 pages)...And do not forget these 6 other SCM reports: https://www.linkedin.com/feed/update/urn:li:activity:6962752404496793600?utm_source=share&utm_medium=member_desktop Exactly one year after President Biden signed Executive Order 14017 on America's Supply Chains, the White House unveiled its Plan to Revitalize American Manufacturing and Secure Critical Supply Chains in 2022 and released six additional supply chain reports in the following areas: 1.  The...

Recessions tend to be very bad for college grads. However…

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:

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...