FOR RELEASE: December 29, 2006
|Media contact:||Andrea Waas, APR, A.P.P.
Vice President, Business and Public Relations
Institute for Supply Management (ISM)
800/888-6276, Ext. 3009
TEMPE, Ariz., December 29, 2006 — In observance of the national day of mourning for President Gerald R. Ford, the Institute for Supply Management™ is delaying the release of the December 2006 Manufacturing ISM Report On Business®.
The December 2006 Manufacturing ISM Report On Business® will be released on Wednesday, January 3, 2007 at 10 a.m. Eastern time.
The December 2006 Non-Manufacturing ISM Report On Business® will be released, according to the original schedule, on Thursday, January 4, 2007 at 10 a.m. Eastern time.
As the oldest and largest supply management institute in the world, the mission of Institute for Supply Management™ (ISM) is to lead supply management. By executing and extending its mission through education, research, standards of excellence, influence building and information dissemination — including the renowned monthly ISM Report On Business® — ISM continues to extend the global impact of supply management. ISM's membership base includes more than 40,000 supply management professionals in 75 countries. Supply management professionals are responsible for trillions of dollars in the purchases of products and services annually. ISM is a member of the International Federation of Purchasing and Supply Management (IFPSM).
ISM defines supply management as the identification, acquisition, access, positioning and management of resources and related capabilities the organization needs or potentially needs in the attainment of its strategic objectives. Further, supply management is: future oriented, senior-management critical, strategic in relation to the competitive imperatives of the organization, and a significant contributor to marketplace intelligence and profitability. Components included under the supply management umbrella are: purchasing/procurement; strategic sourcing; logistics; quality; inventory control; materials management; warehousing; transportation/traffic/shipping; disposition/investment recovery; distribution; receiving; packaging; product/service development and manufacturing supervision.