Tuesday, November 1, 2005

National Association of Manufacturers

Global eProcure


Institute for Supply Management

Supply Management Image Campaign

In This Issue...
  • October Manufacturing ISM Report On Business®: PMI at 59.1%.  Read more.
  • The Future of Purchasing and Supply Chain.  Read more.
  • National Volunteer Positions Available.  Read more.
  • The Business Side of Supply Management: Influencing Supply Management.  Read more.
  • Web Site of Interest.  Read more.
  • Term of the Day.  Read more.
  • Just in ETime Subscriptions are Free.  Read more.
  • Contact Us.  Read more.

October Manufacturing ISM Report On Business®: PMI at 59.1%

Economic activity in the manufacturing sector grew in October for the 29th consecutive month, while the overall economy grew for the 48th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.

The report was issued today by Norbert J. Ore, C.P.M., chair of the Institute for Supply Management™ Manufacturing Business Survey Committee. "The manufacturing sector grew for the 29th consecutive month in October based on the ISM data. The PMI continued its strong performance supported by continuing growth in New Orders and Production. Rising prices, and energy costs in particular, are of major concern as manufacturers are struggling to control costs."

To read the entire report click here.

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The Future of Purchasing and Supply Chain

– Making a strategic contribution –
A half-day forum hosted by Economist Conferences and supported by ISM
November 10, 2005 at The Metropolitan Club, Chicago

Join Tony Milikin, member of the Board of Directors, Institute for Supply Management™ and Senior Vice President - Global Supply Chain, MeadWestvaco Corporation at this invitation-only event for senior executives. Program Update! New speaker added: David Blackwell, Vice-president and Chief Financial Officer, Global Procurement, Wal-Mart Stores.

View the agenda and request a *complimentary* invitation, click here.

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National Volunteer Positions Available

This notification outlines ISM national volunteer positions available in May 2006.

ISM members interested in a national volunteer position may submit their qualifications and personal commitment to serve ISM in the desired position on the Volunteer Position Interest Form.

  • Certification Committee
  • Diversity Committee
  • Educational Resources Committee
  • Ethical Standards Committee
  • Permanent Conference Committee (PCC)
  • Affiliate Support Council (ASC)
  • Groups and Forums Support Council (GFSC)
  • Leadership Training Committees (LTC)

For more information or to access the Volunteer Position Interest Forms click here.

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The Business Side of Supply Management: Influencing Supply Management

Designed to influence senior management, learn selling strategies and communication techniques to help you sell ideas and initiatives within your organization. Attend this ISM Web Seminar and learn more about how you can achieve support throughout management's chain of command.

Date: November 3, 2005
Time: 10:00 a.m. Pacific / 1:00 p.m. Eastern
Presenter: Beth A. Meloy, President of Borasana, Inc.
Price: $99 per individual or $179 for two or more attendees per connection.

For more information or to register for this Web seminar click here.

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Web Site of Interest

This month's Web Site of Interest is: Identity Theft Resource Center.

Identity-theft crimes have surged in recent months making this a must-read. Find tips on how to avoid trouble and what to do if the worst happens (see Victim Guides, under Victim Resources). There are tips for businesses too.

To access this Web site click here.

Please note: This external Internet address contains information created, published, maintained, or otherwise posted by institutions or organizations independent of ISM. Links from this Web site, or any other Web site(s) accessible from this Web site, to any product, entity, service, or information, do not constitute a recommendation by ISM. ISM is not responsible for the contents of any other Web site.

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Term of the Day

Today's ISM Term of the Day is: WET LEASE.

Definition: A lease that includes the cost of financing of a piece of equipment as well as the cost of fuel, maintenance, and labor.

A different Term of the Day is posted on the ISM Home Page (www.ism.ws) each day -- 7 days a week. The Term of the Day is taken from the Glossary of Key Supply Management Terms.

ISM members can access the online Members Only Glossary of Key Supply Management Terms 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.

To access the Glossary click here.

Not currently an ISM member, but would like membership information? Click here.

Help us update this Glossary! If you don't find the term or definition that you are looking for let us know. We will be updating the ISM Glossary in the coming months, and your input will be useful for the new edition. To contact us regarding the Glossary, e-mail: surveys@ism.ws

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Just in ETime Subscriptions are Free

The Just in ETime e-mail newsletter delivers ISM- and purchasing/supply-related news and updates to subscribers' desktop every other week -- FREE! Breaking news, such as the ISM Report On Business®, information on upcoming seminars and programs, changes to certification rules/requirements, as well as Web sites of interest to supply/procurement professionals.

For your free copy of the Just in ETime newsletter click here.

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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