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

 
Tuesday, December 5, 2006
   


Quadrem

Supply Management Image Campaign

ISM's 92nd Annual International Supply Management Conference

Institute for Supply Management

In This Issue ...
  • November Non-Manufacturing ISM Report On Business®: Business Activity at 58.9%.  Read more.
  • Latest JPMorgan Global PMI: Global Report on Manufacturing.  Read more.
  • ISM Members -- Vote by January 11.  Read more.
  • R. Gene Richter Scholarship Program for Undergraduate Students.  Read more.
  • What's the Difference Between Original Certification and Original Lifetime Certification?  Read more.
  • Submit Interest Forms for ISM Volunteer Positions by December 15th.  Read more.
  • Term of the Day.  Read more.
  • Contact Us.  Read more.


November Non-Manufacturing ISM Report On Business®: Business Activity at 58.9%

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

The report was issued today by Anthony Nieves, C.P.M., CFPM, chair of the Institute for Supply Management™ Non-Manufacturing Business Survey Committee; and senior vice president — supply management for Hilton Hotels Corporation. "Non-manufacturing business activity increased for the 44th consecutive month in November," Nieves said. He added, "Business Activity increased at a faster rate in November than in October. New Orders, Employment, Backlog of Orders and Imports also increased at a faster rate. The Prices Index increased 3.7 percentage points this month to 55.6 percent. Eleven of 18 non-manufacturing industries reported increased activity in November. Members' comments in November are mostly positive concerning current business conditions. The overall indication in November is continued economic growth in the non-manufacturing sector at a faster pace than in October."

To read the entire release click here.

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Latest JPMorgan Global PMI: Global Report on Manufacturing

Global Manufacturing PMI at Fifteen-Month Low of 53.3 In November, as Expansions of Production and New Orders Lost Traction.

The JPMorgan Global Manufacturing PMI fell to a fifteen-month low of 53.3 in November. The level of the Global Manufacturing PMI, which has fallen through much of H2 2006 so far, was led lower by a deterioration in manufacturing operating conditions in the US. The ISM US Manufacturing PMI posted 49.5, a level below the neutral 50.0 mark for the first time in over three-and-a-half years. The Eurozone Manufacturing PMI maintained its broad sideways trend and remained at an elevated level.

For the complete JPMorgan release click here.

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ISM Members -- Vote by January 11
The 2007 Proxy for the Annual Meeting of Members of the Institute for Supply Management, Inc.™ (ISM) was mailed to you on November 30, 2006. You are being asked to vote on the election of ISM Board members and changes to the ISM Bylaws. The report of the vote and other business of the organization will be made at the Annual ISM Membership Meeting that will be held on Thursday, January 11, 2007.

A brochure is included with your Proxy that explains each issue on the Proxy. For more information click here.

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R. Gene Richter Scholarship Program for Undergraduate Students

The R. Gene and Nancy D. Richter Foundation will provide a $5,000 scholarship to individuals seeking education in the area of supply chain management or procurement for the 2007-08 academic year. An eligible student will be entering their senior year and be enrolled full time in an accredited supply chain management program with the intention of specializing in the procurement profession. Scholarship recipients will be chosen based on outstanding academic achievement, demonstrated leadership ability, high ethical standards, and potential to become a future leader in the procurement field.

The R. Gene Richter Scholarship program was established to develop high-potential undergraduate students into tomorrow's procurement leaders. Its goal is to fast-track participants into the profession through a high quality support base and access to a strong network. The scholarship is named in memory of R. Gene Richter who was a galvanizing force in the field of procurement. Gene led the supply organizations at The Black & Decker Company, Hewlett-Packard and International Business Machines; all three of these organizations won Purchasing magazine's Medal of Professional Excellence. His thoughts, ideas, and practices transformed modern thinking in the emerging procurement field. This scholarship acts as a way of continuing his efforts to promote excellence within the profession.

The application deadline is February 17, 2007. For more information click here.

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What's the Difference Between Original Certification and Original Lifetime Certification?

Applicants for Original C.P.M. Certification must pass all four modules of the C.P.M. Exam. In addition, the applicant must have (a) five years of full-time professional (non-clerical, nonsupport) supply management experience, or (b) a four-year degree from an accredited institution and three years of fulltime professional supply management experience.

Original Lifetime Certification requires that applicants must pass all four modules of the C.P.M. Exam and document at least 18 years of full-time professional (non-clerical, non-support) supply management experience.

For more information click here.

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Submit Interest Forms for ISM Volunteer Positions by December 15th

This notification outlines the ISM volunteer positions available in May 2007. ISM encourages all members to express their interest in ISM volunteer opportunities.

Submit your Volunteer Interest Form by December 15, 2006.

ISM Volunteer Positions Available:

  • Affiliate Support Council (ASC) — 5 positions
  • Leadership Training Committee (LTC) — 8 positions
  • Diversity Committee — 4 positions
  • Permanent Conference Committee (PCC) — 1 position
  • Project Based Volunteer Activities -- periodic, need-based positions

Descriptions for each position are available on the ISM Web site and include term of office, eligibility, qualifications, duties and time commitment.

For Affiliate Support Council or Leadership Training Committee positions click here.

For Diversity, Permanent Conference, or Project Based Committee positions click here.

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Term of the Day

Today's ISM Term of the Day is: EMPLOYEE ASSISTANCE PROGRAM (EAP).

Definition: Formal counseling program to assist employees with emotional problems due to family crises or substance abuse.

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 ISM Glossary of Key Supply Management Terms.

ISM members can access the online Members Only ISM Glossary of Key Supply Management Terms which can be browsed alphabetically, or searched by keyword.

To access the online Glossary click here.

If you are not a member but would like membership information click here.

Note: The new ISM Glossary of Key Supply Management Terms (4th Edition) is now available for purchase. For details click here.

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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