|In This Issue ...
- This Month in Inside Supply Management® Magazine — Read more.
- ISM Announces Finalists in Awards for Excellence in Supply Management — Read more.
- Feature Article: Collaborating With the Competition — Read more.
- Future Supply Management Leaders Compete For Scholarships — Read more.
- Calendar of Events for April — Read more.
- Term of the Day — Read more.
- It's Easy to Subscribe to the Just in ETime Newsletter — Read more.
- Contact Us — Read more.
|This Month in Inside Supply Management® Magazine
Have you checked out the latest issue of Inside Supply Management® magazine? The March 2012 issue is full of useful information, including the following articles:
- Japan: One Year Later
The Japan earthquake and tsunami disasters have taken their toll on Japanese industry and on several global supply chains.
- Best Offense Is a Good Defense
Supply managers must keep on top of ever-changing cybersecurity laws to protect their organizations and their customers.
- Sustainable Distribution Logistics
An educational materials distributor uses green shipping materials and technology to eliminate paperwork and keep its global locations on the same, green page.
Access the complete March 2012 issue of Inside Supply Management® online.
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|ISM Announces Finalists in Awards for Excellence in Supply Management
Supply management departments at 13 companies are among the finalists in the Institute for Supply Management™ — Michigan State University Awards for Excellence in Supply Management. Finalists in the 2012 competition were selected from applications received in an online submission process held from July 1, 2011 to September 16, 2011. Multiple entries were welcomed in one or more of the following categories: Process, People, Organization/Structure, Technology and Sustainability.
ISM will announce winners from among the field of 16 finalists in April 2012. Representatives from winning organizations will present their stories of excellence in supply management in Baltimore at ISM's 97th Annual International Supply Management Conference and Educational Exhibit, to be held May 6-9, 2012.
The 2012 Institute for Supply Management™ — Michigan State University Awards for Excellence in Supply Management Finalists (and Categories) are:
- Bank of America — (Sustainability)
- Bombardier Aerospace — (Sustainability)
- Boston Scientific Corporation — (Organization/Structure)
- Cisco — (Process)
- Delphi — (Organization/Structure)
- Delphi — (People)
- Hewlett-Packard Company — (Sustainability)
- IBM Corporation — (Process)
- IBM Corporation — (Technology)
- Rolls-Royce — (Process)
- Sodexo, Inc. — (Technology)
- Symantec Corporation — (Process)
- The American Red Cross — (Organization/Structure)
- T-Mobile — (Process)
- T-Mobile — (Sustainability)
- Tyco International — (Process)
The Institute for Supply Management™ — Michigan State University Awards for Excellence in Supply Management are open to supply management departments of all sizes and geographic locations, both domestic and international.
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|Feature Article: Collaborating With the Competition
With ever-changing business challenges such as transportation costs, volatile demand and an evolving customer base, supply management organizations are exploring new and unique ways to use collaboration in their supply chains. One such effort is turning traditional vertical collaboration strategies on their side and may change the way organizations view their supply chain — and their competitors.
Referred to as horizontal collaboration, this approach is characterized by manufacturers sharing supply chain assets for mutual benefits. It is collaboration across rather than along the supply chain. Often, horizontal collaboration is between companies in the same industry that, while not competing directly, market and sell to similar customers and consumers. A high-profile example of horizontal collaboration involves the Hershey Co. and the Ferrero Group in North America. Late last year, the two companies announced plans to collaborate on warehousing, transportation and distribution, furthering proof that this supply management practice is gaining in popularity.
Read the full article on the Inside Supply Management® website.
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|Future Supply Management Leaders Compete For Scholarships
Supply management students representing three universities demonstrated their analytical and reasoning skills in a case competition that took place February 9, 2012 during the Institute for Supply Management™ (ISM) 9th Annual Black Executive Supply Management Summit. Student teams from Clark Atlanta University, Howard University and Tennessee State University presented case studies in a professional setting before a panel of judges representing top supply management practitioners. Students also heard from senior executives on how to establish themselves in the supply management profession. Results of the 2012 case competition are:
1st Place / US$5,000 scholarship award
Clark Atlanta University
Team adviser: Marcia Daley, Ph.D., CPSM
Team members: Audric Adger, Jamael Harris, Prescella L. Monger, Abdi Sugal, Stephen Tolbert
2nd Place / US$2,000 scholarship award
Team adviser: Dr. Angela Tidwell
Team members: Tarik Everett, Kari Guy, Grayson Mitchell, Ernesto Sanchez, Darryl Stephens
3rd Place / US$1,500 scholarship award
Tennessee State University
Team adviser: C.X. Fan, Ph.D.
Team members: Chika Chimezie, Jasmine Hudson, Sai Priya Sista, Sheldon Welch, Lance Woods
Global management consultancy A.T. Kearney provided the case study, and the 2012 judging panel included: Gerry Bundle, CPSM, managing member, Standhope Advisory Services; Anthony Humphrey, director, global strategic outsourcing, MeadWestvaco; Tiffany Hickerson, sourcing manager, A.T. Kearney; and Darryl Watkins, senior sourcing manager, A.T. Kearney.
The Black Executive Supply Management Summit financially supports student attendance at ISM's Annual Supply Management Conference by underwriting expenses.
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|Calendar of Events for April
Release of the Manufacturing Report On Business®
Release of the Non-Manufacturing Report On Business®
CAPS Research 23rd Annual International Executive Roundtable
Legal Aspects of Supply Management: The Basics You Need to Succeed
Reducing and Controlling Costs with Cost-Containment Strategies
San Diego, CA
Early Bird Registration Deadline for Annual Conference
Developing Excellence in Strategic Supply Management and Procurement
Las Vegas, NV
Affiliate Webcast — Managing Demand Through Effective Forecasting
Administering Contracts: From Start to Finish
Las Vegas, NV
The Supply Chain Management Simulation: Play it to Win
Fundamentals of Purchasing: The Building Blocks of World-Class Professionalism
Contracting for Purchasing and Supply Management: Beyond the Basics
Improving Indirect/MRO Management
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|Term of the Day
Today's ISM Term of the Day is: CHARTERED INSTITUTE OF PURCHASING AND SUPPLY (CIPS).
Definition: A U.K.-based organization dedicated to promoting best practices in purchasing and supply management by offering a wide range of services for the benefit of members and the wider business community.
A different Term of the Day is posted on the ISM Home Page each day — seven days a week. The Term of the Day is taken from the ISM Glossary of Key Supply Management Terms.
ISM members can access the online Members Only Glossary which includes terms from the private, public, and various industry sectors, and from a wide variety of sources. The Glossary can be browsed alphabetically, or searched by keyword.
Access the online Glossary.
If you are not a member but would like membership information, visit the ISM website.
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|It's Easy to Subscribe to the Just in ETime Newsletter
To receive Just in ETime:
- First, log into the ISM website using your username and password.
- If you have never created a profile/account on the ISM website — or if you don't remember if you have an account — click "Log In" in the upper right-hand corner of the ISM Home Page.
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- If you do have an account, the ISM system will email you your username and password.
- If, however, the system tells you the email address was not found in our records, you will want to create a new account. Do this by clicking the "My Account" tab in the upper right-hand corner of the ISM website, followed by "Create New Account."
- Once you've created your new account, proceed to the "Manage Newsletters" link, which is also found under the "My Account" tab.
- Finally, select Just in ETime from the list of available newsletters and click the "Update Subscription" button at the bottom of the page.
If you have any questions or encounter any problems, please contact RaeAnn Slaybaugh.
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