Wednesday, February 15, 2006


Institute for Supply Management

ISM's Annual Conference

Supply Management Image Campaign

In This Issue...

This Month in Inside Supply Management® Magazine

Inside Supply Management®'s February issue is really going places.

First, we give you the scoop if you're headed to Minneapolis for ISM's 91st Annual Supply Management Conference and Educational Exhibit. Learn about the keynote speakers and get a taste for what workshops you'll want to attend. As a sneak preview, check out our column by featured speaker, Carlson Companies CEO Marilyn Carlson Nelson.

If moving around the world is more your style, you won't want to miss our two feature articles, "Going Vertical and Getting Integrated with 3PLs" and "Going Around the World Makes the (Business) World Go 'Round," which discuss how the global logistics business processes are getting strategic.

Also in the February issue:

  • Transforming negotiation practice into negotiation excellence
  • Assessing and prioritizing strategic initiatives
  • Examining total costs
  • Understanding Incoterms
  • An update on ISM's new CPSM qualification program
  • And much more!

To access the February Inside Supply Management® table of contents click here.

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March is Supply Management Month

Supply Management Month provides an opportunity to increase the awareness and recognition of the field of supply management and share examples of how strategic supply management impacts every corner of business … and the world.

The Institute for Supply Management™ will be participating in the 2006 Supply Management Month campaign. Help us make Supply Management Month a success by spreading the word in your own area and among your business contacts.

For more information click here.

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ISM Annual Conference Early Registration Ends 02/24/06

ISM's 91st Annual International Supply Management Conference and Educational Exhibit. This is the place to be if you're a supply management professional!

May 7-10, 2006
Minneapolis Convention Center
Minneapolis, MN

Save $170 when you register for the complete Conference package by February 24, 2006. The package includes over 100 workshops from which to choose, as well as entrance to the Educational Exhibit Hall and many other amenities (Cyber Café, Career Center with onsite interviews and Educational Resource Center.) Price includes listed meal functions.

Early registration ends 02/24/06 — register now!

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Critical Issues Reports

Critical Issues Reports are primary and secondary research on critical issues identified by CAPS: Center for Strategic Supply Research or CAPS donor companies.

Current Critical Issues Reports available on the CAPS Web site include:

  • Managing Commodity Spend in Turbulent Times
  • Optimizing MRO Inventory Management
  • Outsourcing Strategies and Implications
  • Supply Base Rationalization

To access copies of the Critical Issues Reports click here.

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Black Executive Supply Management Summit

Maximizing Influence Through Collaboration
March 1-3, 2006
Omni Hotel at CNN Center
Atlanta, Georgia

Mark your calendar for this unique program with sessions for senior level professionals as well as directors and managers. Special events are planned for college students pursuing a career in supply management.

Sessions include:

  • Principled Networking in a Diverse World
  • Next Steps for Mentoring
  • Adding Value and Reducing Costs After Price Negotiations
  • Peer Sharing and Coaching
  • How Import Compliance and Supply Chain Security Enhances an On Demand Supply Chain
  • What Makes the Great Great: Strategies for Extraordinary Achievement

See you in Atlanta!

Maximize your influence through collaboration — Register now!

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Term of the Day

Today's ISM Term of the Day is: BAR CODE.

Definition: Machine-readable code; a pattern of alternating parallel bars and spaces, representing numbers and other characters. The major advantages of using bar coding technology in receiving and stores operations are the reduction in error rate and improved entry speed and count accuracy.

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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Calendar of Events for March

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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