Let’s face it. No child ever says, "I want to be a purchasing manager when I grow up.” Honestly, the term procurement itself draws blank stares from kids — and even adults. The best I can do is tell people that I try to help companies “buy better.” They usually nod politely, and even murmur an “uh-huh” if I give some B2C consumer analogies of how people try to shop online for supplies, home services, mortgages, travel and so on. So, perhaps the solution isn’t to try to sell kids vocationally on procurement at all but rather introduce the area of the broader supply chain.
The Talent Management Category
Salaries for supply management professionals grew strongly in 2016, an indication that the tightening labor market is pushing companies to compete for top procurement talent, according to the Institute for Supply Management’s 2017 salary survey. The average compensation in 2016 for survey respondents was $115,440, an increase of 5% compared with a year earlier ($109,961). Median compensation in 2016 increased 3.2% to $96,000, versus $93,000 in 2015.
This is Part 2 in a two-part interview with Cheryl Dalsin, director of APICS’ Supply Chain STEM Educational Outreach Program. In the first half of the interview, we spoke with Dalsin about how the program began with a simple activity on lemonade she did in 2011 with her daughter’s first grade class. The program then expanded, rather serendipitously, through word-of-mouth, while Dalsin was working at Intel. Now she's at APICS, which sponsors the program.
Ask children what they want to be when they grow up, and you’ll get answers ranging from astronaut to teacher to president — but, let’s be frank, it’s not that wide of a range. You probably haven’t heard a child say, “I want to be a supply chain manager when I grow up!” As APICS Director of Academic Outreach Cheryl Dalsin points out, part of the reason is that many adults haven’t heard of supply chain careers either, and it may be more a matter of name recognition than understanding what the profession does.
The first day’s sessions at the Beeline/IQN customer conference wrapped up with a panel discussion entitled “The Future of Work Starts Now.” The panel, moderated by Brian Hoffmeyer of Beeline, consisted of 5 solid industry experts: Steve Dern (Geometric Results), Chris Dwyer (Ardent Partners), Bryan Pena (Staffing Industry Analysts), Matt Pierce (Hired) and Jennifer Torres (Pontoon). In his introduction, Hoffmeyer, citing the inaccuracy of some predictions from a well-known film made decades ago, provided ample caution to the audience that what was about to be discussed should best be thought of as a kind of stretching exercise for the mind.
As curious human beings with varying levels of self-doubt, we’re all a bit taken with “expert” advice. If I see an article about losing weight or getting rich, I’m reading it. Now, I may not qualify as an expert, but fellow procurement and sourcing professionals often ask me for advice on moving from the corporate world to freelancing. Looking back, I can admit that my thought process was probably not as thorough as it could have been. So, in the same vein as lists of what doctors tell their own friends about common ailments, here are three things to know as you determine whether freelancing is for you.
The world’s biggest companies are undertaking digital transformation projects, and many have chosen 2020 as their deadline. And to follow through on any 2020 digital initiative, an enterprise must fully update its digital workforce strategy, as well — call it Workforce 2020. Contingent workforce and services procurement (CW/S) practitioners thus need to prepare for this new workforce paradigm and fully understand the digital platforms that will enable it.
We are nearing the end of our series of Q&As with the winners of this year’s ISM/Thomasnet.com 30 Under 30 Rising Supply Chain Stars Recognition Program. Today’s Q&A is with Subhash Segireddy, who works on supply chain network design at Cisco. Segireddy started his career at Tata Motors in India, managing electrical commodity suppliers. This piqued his interest in supply chain, and two years later he enrolled in the master’s program in supply chain engineering at the Georgia Institute of Technology.
Last Tuesday, President Donald Trump signed an executive order to review the H-1B visa program, which brings 85,000 highly skilled foreign workers to the U.S. every year. The executive order was long coming. Critics of the current program argue that since workers under the H-1B visa cannot leave for another employer without starting the visa process over again, employers can give them lower wages than what American workers would receive. But what about the robots?
Spend Matters welcomes this guest post from Nick Lazzara and Naseem Malik, of MRA Global Sourcing.
So, you’re ready for an executive role in a company’s procurement function and getting ready to razzle dazzle your future leadership, including the CPO. Yet you also notice that the CFO is one of the interviewers, and you’re eager to get the nod from this important executive and stakeholder. The savvy procurement practitioner will be cognizant of the difference between indirect and direct spend responsibilities and prepare accordingly.
The median salary of supply chain managers/directors dropped to $117,000 from $129,000 last year, according to Logistics Management’s latest annual survey of logistics and supply chain salaries. The survey results are based on 687 qualified respondents, 55 of which were supply chain managers/directors. Median salaries for employees whose primary job function is supply chain management fell to $110,000 from $120,000 in 2016.
Today’s spotlight is on Kiara Conde, a transformation analyst at Shell who started as an intern at the company in 2012. Five years later, Conde is a campus ambassador to her alma mater, the University of Houston, and the co-founder of an internship program. What helped her nomination stand out in this year’s “30 Under 30” competition, however, was when she took advantage of historically low oil prices to deliver millions of dollars in bottom-line savings for Shell. Conde shared her thoughts with Spend Matters on having a work-life balance, millennials in the workforce and — attention, interns — three pieces of work advice for young professionals who want to stand out from the crowd.