Wednesday, November 16, 2005

diCarta, Inc.

International Purchasing Staffing (IPS)

Global eProcure


Institute for Supply Management

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In This Issue ...

This Month in Inside Supply Management®

Security is on the mind of everyone these days — from consumers to government and businesses. Supply management professionals play a critical role in their firms to ensure that inbound materials and services are not tampered with and out of harm's way. The November issue of Inside Supply Management® takes a tough look at security and examines where the largest threats exist and what can be done to mitigate the risk.

Our Regional Focus series continues and we're heading to Canada. "Doing Business in Canada" in November's issue details what industries and commodities are hot in North America's cool domain.

And we take a candid look at electronic reverse auctions, providing a step-by-step process for getting the most out of this technology.

Also in the November issue of Inside Supply Management®:

  • The role technology plays in supplier relationships
  • What professionals plan for the new year in terms of professional development
  • Your questions answered about meeting and travel spend
  • And much more!

To access the November issue of Inside Supply Management® click here.

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Business Book List

Are you looking for business books to add to your desk's reference library? Need help finding the appropriate book? The books on ISM's Business Book List have been reviewed by a team of supply management professionals and academic reviewers, and have been found to be relevant to supply managers and their functions. New books are reviewed and added to the list periodically.

Books are listed alphabetically and may be browse by category or the year published.

To access the Business Book List click here.

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R. Gene Richter Scholarship Program for Undergraduate Students

Available for full time students in an accredited supply management, procurement or supply chain management program for the 2006-07 academic year.

The R. Gene and Nancy D. Richter Foundation will provide a $5,000 scholarship to individuals seeking education in the area of supply chain management or procurement for the 2006-07 academic year. An eligible student will be entering their senior year and be enrolled full time in an accredited supply chain management program with the intention of specializing in the procurement profession. Scholarship recipients will be chosen based on outstanding academic achievement, demonstrated leadership ability, high ethical standards, and potential to become a future leader in the procurement field. Application deadline is February 17, 2006.

For more information click here.

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Term of the Day

Today's ISM Term of the Day is: FUNCTIONAL AUDIT.

Definition: A comprehensive, systematic, independent, and periodic examination of an organization's purchasing environment, objectives, strategies, and activities with a view toward identifying strengths and weaknesses, including a plan of action to improve purchasing performance.

A different Term of the Day is posted on the ISM Home Page ( 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.

If you are not a 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:

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Upcoming Exhibiting Opportunities

Extend your reach to Supply Management Executives. Don't miss these opportunities to Exhibit/Sponsor at the ISM Annual Conferences.

  • The 91st Annual International Supply Management Conference and Educational Exhibit
    May 7-10, 2006, Minneapolis, MN

  • The 92nd Annual International Supply Management Conference and Educational Exhibit
    May 6-9, 2007, Las Vegas, NV

For more information click here.

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Calendar of Events for December

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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