--- To enhance the value and performance of procurement and SCM practitioners and their organizations worldwide ---

 
Tuesday, December 13, 2005
   


DiCarta, Inc.

Primacy Relocation

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Institute for Supply Management

ISM's Annual Conference

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In This Special Issue...


Results of the 70th Semiannual Economic Forecast

Economic growth in the United States will continue in 2006, say the nation's purchasing and supply management executives in their 70th Semiannual Economic Forecast.

Expectations for 2006 are at relatively high levels for both manufacturing and non-manufacturing sectors. While both sectors are optimistic about 2006, revenues are expected to grow more strongly in non-manufacturing industries than in the manufacturing sector.

These projections are part of the forecast issued by the Business Survey Committee of the Institute for Supply Management™ (ISM). The forecast was released today by Norbert J. Ore, C.P.M., chair of the ISM Manufacturing Business Survey Committee, and group director, strategic sourcing and procurement, Georgia-Pacific Corporation; and by Ralph G. Kauffman, Ph.D., C.P.M., chair of the ISM Non-Manufacturing Business Survey Committee and coordinator of the supply chain management program at the University of Houston-Downtown.

To access the complete Forecast click here.

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Term of the Day

Today's ISM Term of the Day is: DEFENSE ACQUISITION REGULATIONS (DAR).

Definition: This set of regulations constitutes a further refinement of the Federal Acquisition Regulations for use by the U.S. Department of Defense (DOD).

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.

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: surveys@ism.ws

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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