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POPSLogistics Talent: Growing your Own
I recently posed a question to my LinkedIn network requesting opinions on which US universities had the top supply chain and logistics programs. The answers I got weren't suprising. Stanford, University of Tennessee, Michigan State and Penn State featured predominantly. The article below from Logistics Management Magazine highlights an increasing desire by senior supply chain managers to grow their own internal talent rather than hire newbies straight out of the academic halls. The University of Michigan has a Master of Supply Chain Management degree that takes seasoned employees from other parts of a business, and combines their manufacturing or engineering backgrounds with an advanced supply chain degree. The thought is that these cross trained employees will bring a faster ROI than younger "supply chain only" employees whose background is only based on university learning. Whats your opinion? Is it better to cross train from inside than hire new grads?
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POPS2007 Rate Negotiations: Opportunities Exist in Certain Modes As 2007 rate negotiations continue, shippers are finding more flexibility in rate discussions depending on mode of transport. Parcel carrier rate increases seem to be sticking, along with new fee structures based on dimensional weight. Truckload carriers are more rate competitive based on available capacity. Rail rates continue to increase while air carriers continue to be impacted by the price for fuel. Check out the clip below from Logistics Management magazine for more information.
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POPSLeadership Styles Interesting article that outlines four different styles of leadership. I find the references to be European oriented, but its a UK site.
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POPSFire Your Bad Clients! Not every client is a good client. The advice in this column applies to both small companies and mega corporations a like. Firms that are losing money should consider this strategy early.