Understanding the Wizard of OZ By: Todd Allyn Williams Associate Professor, Business Administra- Tion, Cuyahoga Community Colle
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APICS Cleveland November, 2015 Newsletter “The mission of the Cleveland Chapter is APICS Cleveland Chapter November PDM to continue to be the premier provider Understanding the wizard of OZ of operations management education in the greater Cleveland area.” By: Todd Allyn Williams Associate Professor, Business Administra- NOVEMBER PDM DETAILS tion, Cuyahoga Community College Topic: Understanding the wizard of OZ Reading behind the financial headlines: Much like in the Wizard of Oz, financial headlines can Speaker: Todd Allyn Williams leave you frightened and paralyzed by looking at the Location: The City Club seemingly ominous situation that has you asking 850 Euclid Ave. Cleveland, Ohio 44114 what’s going on? In this presentation, we look 2nd Floor Conf Rm “behind the curtain” and explain how to interpret positive and negative financial headlines as they re- Date: Wednesday, November 11th, 2015 late to your wealth development. Agenda: 5:30—6:15 PM Arrival / Registration 6:15—7:00 PM Dinner 7:00—8:00 PM Presentation 8:00—8:30 PM Discuss / Closing Remarks About our Speaker: Admission: APICS Member $30.00 Todd Allyn Williams is an Associate Professor of Non-Member $35.00 Business and Economics. He has served the stu- Student Member $10.00 dents at Cuyahoga Community College (Tri-C®) Student Non-Member $15.00 Add $5 if you pay at the door since 2011 at the Westshore campus. RSVP: Program deadline for registration is Prior to joining Tri-C, Williams served as Dean of the Tuesday, November 10th, 2015 College of Business and Assistant Professor of Fi- Registration Register and pay online by visiting us at nance and Management at Chancellor University. & Payment: http://www.apicscleveland.org/?q=pdms . You may register online and pay online using (continued on page 2) Visa, MasterCard, Discover, or American Express. There will be a $5 up charge if you need to pay at the door. INSIDE THIS ISSUE Points Receive One Certification Maintenance Point 1. Monthly PDM Topic - 5 Contact for Class Offerings for each PDM attended. 2. Understanding the wizard of OZ 6. Pictures from last May PDM 3. Speaker Bio 7. Membership Info 4. President’s Message 8. BOD Contact Page 1 (Continued from page 1) About Our Speaker - Todd Allyn Williams Williams has vast business experience as a consultant, manager of a Global 200 company, and several companies in the financial services industry. Williams Is the host of The Todd Allyn Show on WELW 1330 AM, and has appeared as a guest for the Trinity Broadcast Network, (TBN), Village Television, Basheer Jones and Company Morning Show (Cleveland radio 1490 WERE), and WEWS News Channel 5 in Cleveland as the money coach. He is the author of the book, "And the Cattle upon a Thousand Hills: Money Management for God’s People". Williams is a PhD candidate at Walden University working to complete his PhD in Management with Specialization in Decision Sciences. He has a passion for education, and has given numerous presenta- tions regarding the topics of Wealth Creation, Leadership, Entrepreneurship, and Positive Self-Direction to people and organizations across the country. APICS Cleveland Chapter Class Schedule For remainder 2015-16 Program Year For questions about certification courses contact Carol Utrup at [email protected]". 2 President’s Message Consumers Boost Logistics Sector Stronger shipment volumes allowed the transportation sector to grow 3.6 percent last year as solid economic growth and consistent job creation provided consumers with additional buying power. As consumer spending grew, freight levels climbed as retailers replen- ished inventory, according to the State of Logistics Report released by the Council of Supply Chain Management Professionals and Penske Logistics. The report says the supply chain logistics industry experienced its best year since the Great Recession as consumers - the missing link in the recovery - returned to the marketplace. Findings in the report include: Railroad sector costs grew 6.5 percent as rail traffic reached its highest annual total on record. The 4.5 percent increase in traffic volume brought the industry close to its pre-recession volumes. The truck driver shortage remains a key concern for the logistics sector. Shipments through the nation's ports increased, with East Coast ports seeing the biggest gains due to West Coast port delays and congestion. Competition kept air cargo rates down, and the sector costs declined 1.2 percent. However, a record US $968 billion of high-value merchandise moved by air in 2014. Internet of Things (IoT) Helping to Connect Logistics Global internet access and the declining cost of Internet of Things (loT) components, such as RFID and sensors, are driving the demand for connected logistic solutions. Connected Logistics Market, a research report by MarketsandMarkets, estimates that by 2020 the market will be worth US$20.46 bil- lion. Big data and analytics platforms are increasing the loT market, which is expected to flourish in the coming years due to increasing use of mobile applications along with the rapid proliferation of embedded sensor technology, wearables and applications. Connected logistics solutions have had a substantial impact on logistics operations, although some companies are reluctant to adopt loT in logistics. The roadblocks to acceptance include security is- sues, lack of awareness, and information and communications technology infrastructure. An example of connected logistics is the use of pallet or item-level tagging using low-cost miniature devices in warehouse inventory management systems. (www.marketsandmarkets.com) Best regards, Bob Dr. Robert Stoll APICS Cleveland Chapter [email protected] 3 Pictures From Our Last (October) PDM. “Federal Reserve Bank of Cleveland” 4 APICS - Chapter Membership & Anniversaries November, 2015 New Members Anniversaries Shane Field 5 Years Daniel Grover Michael Brechter, CPIM Yuguang Han Ruochen Wang Patrick Einloth James Perry Abdulazeez Kazeem Brian Limbert Jim Reigle Vaibhav Agnihotri Salomon Bandy Andrijana Akovic HUI XU Zachary Saylor Mike Varney Scott Voisinet 5 CLEVELAND CHAPTER BOARD MEMBERS NAME TITLE ORGANIZATION E-MAIL (open) Past President [email protected] Robert Stoll President Ashland University [email protected] (open) President-Elect [email protected] (open) Secretary [email protected] Dan DiFilippo, CPIM Treasurer Tarkett [email protected] Dan Zubricky Director of Programs / Events Arcelor Mittal [email protected] Ed Merker, CPIM Director of Communications Swagelok Company [email protected] (open) Academic Affairs Advisor [email protected] Roger Davis Director of Chapter Marketing Applied Medical Technologies [email protected] Dennis Okocha, CPIM, CSCP Director of Membership Saint-Gobain Performance Plastics [email protected] (open) Director at Large [email protected] Carol Utrup Director of Education [email protected] Yvonne Nader Advisor Systems & Technology America Greetings Corp [email protected] Kevin Ward Employment Services Coordinator Accounting Principals [email protected] Bonnie Perney Historian [email protected] Bittany Stoll Administrative Assistant Ashland University [email protected] Oya Tukel Representative Cleveland State University Kamlesh Mathur Representative Case Weatherhead School of Mgmt (open) Representative John Carroll University Please contact Ed Merker at [email protected] for article submissions or editorial comments Check out our meeting and class schedule at www.apicscleveland.org Join us on LinkedIn Follow us on Twitter Become our Fan on Facebook PO Box 31357 FIRST CLASS MAIL Independence, Ohio 44131 U S POSTAGE PAID CLEVELAND, OH ATTENTION CORPORATE MAIL ROOM PERMIT #3444 If unable to deliver to addressee, please forward to Materials Department or HR 6 .