APICS Cleveland January, 2016 Newsletter

Topic: Ethical Issues in Business: The Dangers of Tunnel Vision

Speaker: Mark P. Aulisio, PhD

Location: The City Club 850 Euclid Ave. Cleveland, Ohio 44114 2nd Floor Conf Rm

Date: Wednesday, January 13th, 2016

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

Admission: APICS Member $30.00 Non-Member $35.00 Student Member $10.00 Student Non-Member $15.00 Add $5 if you pay at the door

RSVP: Program deadline for registration is Tuesday, January 12th, 2016

Registration Register and pay online by visiting us at & Payment: http://www.apicscleveland.org/?q=pdms . You

may register online and pay online using Visa, MasterCard, Discover, or American Express. There will be a $5 up charge if you need to pay at the door.

Points Receive One Certification Maintenance Point for each PDM attended.

JANUARY PDM DETAILS

“The mission of the Cleveland Chapter is

to continue to be the premier provider

of operations management education in

the greater Cleveland area.”

APICS Cleveland Chapter January PDM

“Ethical Issues in Business: The Dangers

of Tunnel Vision”

By: Mark P. Aulisio, PhD Professor and Chair

Director, Case Western Reserve University

This discussion oriented session

will focus on the dangers of

thinking of business practices,

such as supply chain efforts, too

narrowly. It will emphasize busi-

ness as a human, social enter-

prise, with inherently value laden

dimensions. As such, it is both

necessary and appropriate to

consider the core values that we

want to consciously drive our business practices. Case exam-

ples will be drawn from the classic business ethics literature

(e.g., the Ford Pinto and Beechnut Baby Food cases) and cur-

rent events (e.g., VW emissions testing and Turing Pharmaceu-

ticals Daraprim scandals), as well as from health care and clini-

cal ethics (the presenters primary area of expertise). Along the

way, discussants will help to define “ethics” (for practical pur-

poses), develop strategies for taking ethical issues in business

seriously, and identify and analyze some of the ethical issues

that emerge on the supply chain side of the business enter-

prise.

(continued on page 2)

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INSIDE THIS ISSUE 1. Monthly PDM Announcement 5 Chapter Class Offerings 2. Ethical Issues In Business 6. Pictures from last May PDM 3. Speaker Bio 7. Membership Info

4. President’s Message 8. BOD Contact Page

(Continued from page 1)

About Our Speaker: Mark P. Aulisio, PhD Professor and Chair Director, Center for Biomedical Ethics, MetroHealth Department of Bioethics Case Western Reserve University MetroHealth System Cleveland, Ohio Dr. Aulisio is a Professor in the Department of Bioethics at Case, where he serves as Director of the Bioethics Ph.D. Program, and Director of the Center for Biomedical Ethics of the MetroHealth System. He has authored over 70 articles and book chapters on clinical bioethics, ethics consultation, organ donation and transplant, double effect and related areas and is a sought after speaker nationally and internationally. In 2009, Dr. Aulisio was honored with the American Society for Bioethics and Humanities’ (ASBH) Distin-guished Service Award for having helped to lead three national projects that resulted in Core Competencies for Health Care Ethics Consultation (1998), Status of Bioethics and Medical Humanities Graduate Training Pro-grams in the North America Report (2002), and Improving Competencies in Ethics Consultation: An Education Guide (2009) respectively. Dr. Aulisio also has extensive international bioethics experience which includes serving: as PI on clinical bioeth-ics projects with colleagues at Kyoto University (2003-2004) and the University of Tokyo (2004-2006); as a co-investigator in University of Paris led 11 nation project on bioethics education (2006-2008); as co-investigator on a bioethics and citizenship project with Spanish colleagues at the University of Salamanca (2010-2011); and as a contributor to the Canadian Blood Services sponsored forum on the possibility of developing a National Organ and Tissue Donation and Transplant Program (2011).

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Save the Date ! February PDM (2/10/16) is a joint meeting with the following groups:

APICS Cleveland

APICS Akron

APICS North Central Ohio

ISM Cleveland

ISM Akron

Location is Embassy Suites Rockside & I-77 Our guest speaker will be Joe Muscatello

Currently, Joe is an Assistant professor of Business and Technology at Kent State University and Owner/operator of The Muscatello Group, a Consulting Company and Fina-Day, Inc., a Property Management Company. He is also a founding Board Member of Emerald Rose, an elderly mental health facility. Joe has purchased and sold several companies after implement-ing his turnaround strategies and he has started several companies of his own.

President’s Message:

If you're looking for a reason to be scared of stocks in 2016, look at China

After years of rapid growth, China is the world's second-biggest economy. Its explosive expansion lifted many other economies, es-pecially Latin American countries that make the raw materials Bei-jing consumes. However, now that China is maturing into a more developed market, its appetite for raw goods has eased considera-bly and that's raised concerns that its economy is slowing at a much faster pace than previously thought. The reaction to the manufacturing report, released by Chinese me-dia group Caixin, also showcases investors' lack of confidence in

China's official economic reports. The government's manufacturing gauge, which focuses on large en-terprises, painted a rosier picture than the Caixin report. "Investors are concerned about the likelihood of smoke and mirrors that surround the official economic data," said Sam Stovall, managing director of U.S. equity strategy at S&P Capital IQ. If China is indeed slowing dramatically faster than investors realize, there is a risk the global economy could be dragged into a recession. A global recession would likely kill the bull market in U.S. stocks, which are trading at expensive valuations despite logging their worst year since 2008. The S&P 500 is trading at 18.2 times trailing profits, which is above the five-year average of 15.6. Corporate profits continue to be dented by the strong U.S. dollar, sluggish global growth and the crash in oil prices. Analysts say S&P 500 companies in the fourth quarter suffered their first back-to-back decline in earnings since 2009 and then there are other threats to U.S. stocks. Some remain skeptical that the economy and market will be able to weather the Federal Reserve's first interest rate hike in nearly a decade. Others are worried about geopolitical instability in the Middle East, especially from ISIS and rising tensions between Iran and Saudi Arabia. However, it's clear that right now China reigns as the biggest influence on Wall Street. So China's sometimes-bumpy efforts to open up its financial markets can create turbulence. For instance, stocks in China and the U.S. plunged last summer after China surprised investors by devaluing its currency. The good news is that many believe China is just going through natural growing pains that won't wreck the global economy. They say China has the ability to manage through this difficult time of tran-sition. Not only does China's central bank have room to boost growth by cutting interest rates, but the government has more than $3 trillion to spend on stimulus. "China has quite a lot of fiscal flexibility that many other countries would be envious of," said Ben Laidler, global equity strategist at HSBC. Let's hope China uses that flexibility wisely. If not 2016 could be a rough year for U.S. investors. Happy New Year. Bob Dr. Robert Stoll APICS Cleveland Chapter president1@apicscleveland.org

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APICS CLEVELAND CHAPTER CLASSS SCHEDULE

(continued on page 5)

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LOCATION FALL WINTER SPRING

East Parker 1 BSCM BSCM SMR PUBLIC

instructor Wael Wael Dennis (?) registration dead-

line 19-Sep 15-Jan 25-Mar

day of week Thursday Tuesday

start date 28-Jan 12-Apr

end date 9/29 Tues 7-Apr 7-Jun

East Parker 2 ECO PUBLIC

instructor Dennis

registration dead-line 15-Jan

day of week Tuesday

start date 26-Jan

end date 22-Mar

Central Kichler MPR CSCP PUBLIC

instructor Dennis Wael registration dead-

line 19-Sep 25-Mar

day of week Monday

start date 11-Apr

end date 9/28 Mon 19-Jun

West Moen BSCM MPR DSP PUBLIC

instructor Scott Scott Dan (?) registration dead-

line 19-Sep 15-Jan 28-Mar

day of week Monday Monday Monday

start date 28-Sep 25-Jan 11-Apr

end date 7-Dec 21-Mar 6-Jun

instructor

registration dead-line

day of week

start date

end date

GOJO in house MPR DSP ECO PRIVATE

instructor Scott Scott Scott (?) registration dead-

line

day of week

start date 21-Sep 25-Jan-16 TBD

end date

Pictures From Our Last (November) PDM.

“Understanding the Wizard of Oz”

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APICS - Chapter Membership & Anniversaries December 2015, January, 2016

New Certifications

Congratulations!!!

Fangzhou Liu, CPIM

Michele Dufalla, CPIM

Derek L Williams, CPIM

Krystal Okehie, CSCP

Rachel Hylton, CSCP

Rachel McGill, CSCP

Ryan A Jones, CSCP

New Members

Congxiang Shen

Jonathan Todd, CSCP

Chris Casey

Melissa Wesorick

Nicholas Freeman-Clark

Thomas Gallagher

Yujie Hu

Brian Ranft

Carrie Meeks

Brian Pavella

Hao Sun

Riley Monroe

Anniversaries

10 Years

Daniel L Kenney, CPIM

15 Years

Dennis C Okocha, CPIM, CSCP

Randy Rose

25 Years

Elizabeth L Chiarelli, CPIM

35 Years

Anthony N Pallotta, CSCP

(open) Past President

Robert Stoll President Ashland University

(open) President-Elect

(open) Secretary

Dan DiFilippo, CPIM Treasurer Tarkett

Dan Zubricky Director of Programs / Events Arcelor Mittal

Ed Merker, CPIM Director of Communications Swagelok Company

(open) Academic Affairs Advisor

Roger Davis Director of Chapter Marketing Applied Medical Technologies

Dennis Okocha, CPIM, CSCP Director of Membership Saint-Gobain Performance Plastics

(open) Director at Large

Carol Utrup Director of Education

Yvonne Nader Advisor Systems & Technology America Greetings Corp

Kevin Ward Employment Services Coordinator Accounting Principals

Bonnie Perney Historian

Bittany Stoll Administrative Assistant Ashland University

Oya Tukel Representative Cleveland State University

Kamlesh Mathur Representative Case Weatherhead School of Mgmt

(open) Representative John Carroll University

president3@apicscleveland.org

president2@apicscleveland.org

president1@apicscleveland.org

secretary1@apicscleveland.org

treasurer1@apicscleveland.org

programs1@apicscleveland.org

communications1@apicscleveland.org

academics1@apicscleveland.org

marketing1@apicscleveland.org

membership1@apicscleveland.org

director1@apicscleveland.org

education1@apicscleveland.org

technology1@apicscleveland.org

coordinator1@apicscleveland.org

historian1@apicscleveland.org

admin@apicscleveland.org

Please contact Ed Merker at communications1@apicscleveland.org

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