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

 
Monday, October 2, 2006
   


KARRASS

Institute for Supply Management

ISM's 92nd Annual International Supply Management Conference

Just in ETime -- Pass It On

In This Issue ...
  • September Manufacturing ISM Report On Business®: PMI at 52.9%.  Read more.
  • Most Frequently Asked Purchasing and Supply Management Related Questions.  Read more.
  • The September Issue of Supply Line 2055 is Now Available.  Read more.
  • One on One: An Interview with Richard A. Hughes.  Read more.
  • Web Site of Interest.  Read more.
  • Term of the Day.  Read more.
  • Subscribe to Just in ETime Newsletter.  Read more.
  • Contact Us.  Read more.


September Manufacturing ISM Report On Business®: PMI at 52.9%

Economic activity in the manufacturing sector grew in September for the 40th consecutive month, while the overall economy grew for the 59th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.

The report was issued today by Norbert J. Ore, C.P.M., chair of the Institute for Supply Management™ Manufacturing Business Survey Committee. "The manufacturing sector continues on a trend of slowing growth in September. While there was little change in new orders and production when compared to August, significant slowing took place in employment and inventories. It's apparent that manufacturing is losing momentum and feeling the effects of higher interest rates and a weaker housing market."

To read the entire release click here.

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Most Frequently Asked Purchasing and Supply Management Related Questions

ISM's InfoCenter has compiled a matrix of the most frequently asked purchasing and supply management related questions. This matrix contains the subject of the inquiry, what's available, and resource links to obtain the information.

A few of the topics covered include:

  • Benchmarking
  • Best Practices
  • Contract Samples
  • Ethics
  • Outsourcing
  • Salary Information

To access the InfoCenter's matrix click here.

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The September Issue of Supply Line 2055 is Now Available

The September issue of Supply Line 2055: Certification Update is now available on the ISM Web site. Highlights covered in the September issue include:

  • Fine-Tune Your C.P.M. Exam Preparation with ISM Search
  • Plan to Complete Your C.P.M.
  • New Qualification Exam Specifications Near Completion
  • University of Phoenix Online Now Accepts NYBOR PONSI Recommendation
  • ISM Knowledge Center Expands Online Course Offerings!
  • Prepare for Your C.P.M. Exams at Your Own Pace

To access the September issue of Supply Line 2055: Certification Update newsletter click here.

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One on One: An Interview with Richard A. Hughes

Richard A. Hughes is vice president, global purchases with The Procter & Gamble Company (P&G) in Cincinnati. Having joined the company in 1982 as the purchasing manager for disposable soft goods, he has moved up the ranks with such positions as senior purchasing manager of packaging purchases, director of healthcare purchases and vice president of global purchases. Hughes earned an MBA from the Florida Institute of Technology and his Juris Doctorate from Chase College of Law.

Procter & Gamble's New Orleans Folgers plants were affected by the wrath of hurricane Katrina, while the company's entire supply chain (including its beauty, household and family health businesses) felt the effects of hurricane Rita. Hughes shares how supplier relationships aided in Procter & Gamble's disaster recovery.

The Journal of Supply Chain Management: What Procter & Gamble manufacturing sites were in the path of hurricanes Katrina and Rita?

Richard A. Hughes: We have three different sites spread out around New Orleans: a main roasting facility; a silo where we keep the coffee beans and an unloading facility close to the port; and another warehouse and packing facility. New Orleans is coffee central for Folgers and Millstone.

The Journal: What damage did the hurricanes inflict upon your sites?

Hughes: After Katrina made its way through, all three sites were inaccessible. With the amount of flooding and infrastructure damage that occurred throughout New Orleans, we couldn't get trucks or people in. There was no water, electricity or sewage. From a damage standpoint, we were lucky. We had water damage on the roof of the silo, but it didn't significantly impact the beans stored there. There was roof damage on the main manufacturing plant and a little bit of water damage in the warehouse.

To read the entire One on One interview with Mr. Hughes click here.

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Web Site of Interest

This month's Web Site of Interest is: Council for Strategic Asset Management.

Check out this site's Research Section with its whitepapers on topics from "Contingency Planning: Building Agile Service and Maintenance Operations" to "In MRO, E-procurement is Not E-nough" to "Linking Service with the Supply Chain."

To access this Web site click here.

Please note: This external Internet address contains information created, published, maintained, or otherwise posted by institutions or organizations independent of ISM. Links from this Web site, or any other Web site(s) accessible from this Web site, to any product, entity, service, or information, do not constitute a recommendation by ISM. ISM is not responsible for the contents of any other Web site.

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Term of the Day

Today's ISM Term of the Day is: EXPERT SYSTEM.

Definition: A computer system that provides employees with a knowledge base of industry experts in any given field at their fingertips. It may contain program goals, a consensus of facts by experts, rules of thumb used by experts to help them arrive at decisions, etc. This is interactive in the sense that the program asks the decisionmaker questions regarding a situation and makes recommendations using the available expert information.

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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Subscribe to Just in ETime Newsletter

The Just in ETime e-mail newsletter delivers ISM- and purchasing/supply-related news and updates directly to subscribers' desktops every other week. You'll receive breaking news, such as the ISM Report On Business®, information on upcoming seminars and programs, changes to certification rules/requirements, as well as Web sites of interest to supply/procurement professionals. And best of all — there's no charge to subscribe!

To subscribe to Just in ETime click here.

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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