Wednesday, April 5, 2006

SAS Supplier Relationship Management (SRM)

Institute for Supply Management

ISM's Annual Conference

Supply Management Image Campaign

In This Issue ...
  • March Non-Manufacturing ISM Report On Business®: Business Activity at 60.5%.  Read more.
  • Latest JPMorgan Global PMI: Global Report on Manufacturing.  Read more.
  • Conference Keynote Speakers.  Read more.
  • For a Limited Time – Certification Exam Modules HALF-PRICE!!!.   Read more.
  • 2007 Call for Presentations.  Read more.
  • Term of the Day.  Read more.
  • Contact Us.  Read more.

March Non-Manufacturing ISM Report On Business®: Business Activity at 60.5%

Business activity in the non-manufacturing sector increased in March 2006, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.

The report was issued today by Ralph G. Kauffman, Ph.D., C.P.M., chair of the Institute for Supply Management™ Non-Manufacturing Business Survey Committee; and coordinator of the Supply Chain Management Program, University of Houston-Downtown. "Non-manufacturing business activity increased for the 36th consecutive month in March," Kauffman said. He added, "Business Activity and New Orders increased at faster rates in March than in February. Inventories, New Export Orders and Imports also increased at faster rates. Backlog of Orders, Employment and Prices increased at slower rates than in February. Thirteen of 17 non-manufacturing industry sectors report increased activity in March, compared to 10 that reported increased activity in February. Members' comments in March are mostly positive concerning current business conditions. While price increases are still a topic of concern for a number of members, they are not mentioned as often as in past months. The Prices Index declined again this month, but remains in a historically high range for the ISM Non-Manufacturing Business Survey. The overall indication in March is continued economic growth in the non-manufacturing sector."

To read the entire report click here.

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Latest JPMorgan Global PMI: Global Report on Manufacturing

Broad-Based Expansion of Global Manufacturing Continued in March, as Growth of Production Reached a Twenty-Month High.

The performance of the global manufacturing economy remained positive in March, with the rate of improvement in operating conditions steadying at February's high. This was highlighted by the JPMorgan Global Manufacturing PMI, which posted 55.2, and remained above the neutral 50.0 mark for the thirty-third successive month.

Underpinning the robust performance of the world manufacturing sector were marked gains in output and new business. This was especially positive given that manufacturers were disrupted by supply-chain pressures, as average supplier performance declined sharply and cost inflation remained high.

For the complete JPMorgan release click here.

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Conference Keynote Speakers

This year's keynote speakers at ISM's 91st Annual International Management Conference and Educational Exhibit, which takes place in Minneapolis, Minnesota, include:

  • Sunday:
    Dr. Stephen R. Covey
    Business Guru, Best-Selling Author, Cofounder and Vice Chair of FranklinCovey
    "Leadership is a Choice! Not a Position"

  • Monday:
    Lou Dobbs
    Anchor and Managing Editor, CNN's Lou Dobbs Tonight
    "The Political Economy"

  • Tuesday:
    Marilyn Carlson Nelson
    Chairman and Chief Executive Officer, Carlson Companies
    "Travel, Tourism and Tomorrow"

    Jason Cummins
    Chief U.S. Economist, Brevan Howard
    "Business Survey and Economic Outlook Presentation"

    Ralph G. Kauffman, Ph.D., C.P.M.
    Chair, Non-Manufacturing Business Survey Committee, ISM
    "Business Survey and Economic Outlook Presentation"

    Norbert J. Ore, C.P.M.
    Chair, Manufacturing Business Survey Committee, ISM
    "Business Survey and Economic Outlook Presentation"

    Diane Swonk
    Senior Managing Director and Chief Economist, Mesirow Financial
    "Business Survey and Economic Outlook Presentation"

  • Wednesday:
    Kevin Carroll
    Author, Motivational Speaker
    "Rediscovering Play: Bringing Fun and Passion to Your Work ... And Life"

If you would like more information on these keynote speakers and their presentations click here.

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For a Limited Time – Certification Exam Modules HALF-PRICE!!!

Save money when you take up to three of your C.P.M. Exam modules for half-price, available only during this year's 91st Annual International Supply Management Conference, May 7 -10 in Minneapolis, MN.

Register for the complete Conference or a 2-day pre-Conference seminar and take up to three certification exam modules for half-price (paper and pencil version only). All exams will be offered on Wednesday, May 10, 2006. Seating is limited, so register now and save 50% on your C.P.M. Exam modules.

For more information on schedules or to register click here.

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2007 Call for Presentations

ISM invites you to submit a proposal to present a workshop at its 2007 Annual International Supply Management Conference, May 6-9, 2007 in Las Vegas, NV. Share your knowledge, ideas, success and insight with the profession. Motivate your colleagues to reach new heights. Inspire newcomers to embrace the profession.

Submission deadline is July 1, 2006.

For more information on the 2007 Call for Presentations click here.

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Term of the Day

Today's ISM Term of the Day is: Consumer Product Safety Commission (CPSC).

Definition: Independent federal agency created in 1972 to develop and enforce product standards, conduct research, and inform consumers to ensure their safety in the use of consumer products.

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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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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