Wednesday, June 21, 2006
   


Institute for Supply Management

Just in ETime -- Pass It On

Supply Management Image Campaign

In This Issue ...
  • This Month in the Inside Supply Management® Magazine.  Read more.
  • R. Gene Richter Awards Accepting Entries From Innovative Supply Management Departments.  Read more.
  • New ISM Web Seminar.  Read more.
  • Developing Your C.P.M. and A.P.P. Study and Test Taking Skills.  Read more.
  • 2007 Call for Presentations Deadline is July 1, 2006.  Read more.
  • Term of the Day.  Read more.
  • Calendar of Events for July.  Read more.
  • Contact Us.  Read more.


This Month in the Inside Supply Management® Magazine

ISM recognizes the profession's brightest stars with the annual J. Shipman Gold Medal Award, which honors an individual who has made the highest contribution to the profession, and the inaugural R. Gene Richter Awards for Leadership & Innovation, which recognizes the unique achievements of teams or departments within supply organizations. Read our June issue and find out who received these prestigious awards at ISM's Annual International Supply Management Conference & Educational Exhibit in Minneapolis held in May.

In the June issue of Inside Supply Management® you'll also find articles on:

  • The effects of globalization on project teams.
  • A team uses opportunity analysis to connect to its company's strategies goals.
  • Managing Purchasing volatility as a cross-organizational issue.
  • And much more!

To access June's table of contents click here.

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R. Gene Richter Awards Accepting Entries From Innovative Supply Management Departments

ISM announces its call for entries for the second annual R. Gene Richter Awards for Leadership and Innovation in Supply Management. ISM's Richter Awards are open to supply management departments of all sizes and geographic locations, both domestic and international. Entries should address big challenges for which new solutions have had wide organizational and/or supply chain impact.

ISM will accept entries through an online submission process from July 3 - September 29, 2006. Multiple entries are welcome in four award categories, including process, organization/structure, people and technology. Winners will be notified in January 2007, and award recipients will be publicly announced and honored at an awards dinner on Monday, May 7, 2007 at ISM's 92nd Annual International Supply Management Conference and Educational Exhibit in Las Vegas. Winners agree to present at ISM Conference sessions the Tuesday afternoon following the awards dinner.

For more information on the R. Gene Richter Awards click here.

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New ISM Web Seminar

Enhancing Supply Effectiveness through Indirect Spend
Thursday, July 20, 2006

Indirect spend, for both materials and services, represents over a third of all procurement costs. Categories include a wide range of buys -- from MRO to professional services. For supply and procurement executives, indirect spend offers opportunities to not only to significantly reduce costs but substantially improve quality and service. Explore the operating environment and characteristics of indirect spend, as well as specific case studies showing how some organizations have achieved impressive results. This session is one hour in duration and you can earn one Continuing Education Hour.

Featured Speaker:
Jack Barry

Principal, Pegasus Global Partners

Registration fees are $99 per individual or $179 for two or more attendees per connection.

For full information and to register now for this event click here.

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Developing Your C.P.M. and A.P.P. Study and Test Taking Skills

Dr. Michael A. McGinnis, C.P.M., A.P.P., Associate Professor of Business, Penn State New Kensington developed a paper to assist individuals preparing for the A.P.P. and C.P.M. Exams. An abstract for his paper follows:

Abstract: This paper is divided into four sections. The first section briefly reviews the requirements for the Certified Purchasing Manager (C.P.M.) and Accredited Purchasing Practitioner (A.P.P.). The second section discusses study and test taking skills that are useful for many that are preparing for the certification examinations. The third section is a discussion of how to use the C.P.M. (and A.P.P.) Diagnostic Kit to prepare for the Exams. The final section provides test taking tips that many have found useful.

If you would like a copy of the six-page paper created by Dr. McGinnis click here.

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2007 Call for Presentations Deadline is
July 1, 2006

It's time to submit your workshop proposal for the 2007 Call For Presentations for ISM's 92nd Annual International Supply Management Conference and Educational Exhibit taking place May 6-9, 2007, at Bally's Las Vegas Hotel and Casino in Las Vegas, Nevada.

The deadline for submissions is July 1, 2006.

ISM invites you to submit a workshop proposal for the 2007 Conference. What better way to share your knowledge, ideas, success and insight than to present a workshop session at the premier supply management event of the year. As a speaker at the 92nd Annual International Supply Management Conference, you announce to your stakeholders that you and your organization are leaders in supply management.

ISM seeks presentations from all sectors — manufacturing, service, institutional, public — and from the perspective of small as well as large organizations.

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: SUPPLIER RATING SYSTEM.

Definition: A method used to evaluate and rate suppliers' performance which generally emphasizes quality, service, delivery, and price. Rating formulas vary depending upon the nature of the item being purchased, the quality required, and competition within the supplying industry.

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: mpeck@ism.ws

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Calendar of Events for July

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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