Thursday, January 4, 2007
   


KARRASS

Institute for Supply Management

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ISM's 92nd Annual International Supply Management Conference

In This Issue ...
  • December Non-Manufacturing ISM Report On Business®: Business Activity at 57.1%.  Read more.
  • Latest JPMorgan Global PMI: Global Report on Manufacturing.  Read more.
  • Get SupplyLine Notifications Sent Directly to Your INBOX.  Read more.
  • ISM Members -- Vote by January 11.  Read more.
  • Take the C.P.M. Exam at Half Price!  Read more.
  • ISM Supplier Directory.  Read more.
  • Term of the Day.  Read more.
  • Contact Us.  Read more.


December Non-Manufacturing ISM Report On Business®: Business Activity at 57.1%

Business activity in the non-manufacturing sector increased at a slower rate in December 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 45th consecutive month in December," Nieves said. He added, "Business Activity increased at a slower rate in December than in November. Employment, Inventory, Exports and Imports all increased at a faster rate. The Prices Index increased 3.5 percentage points this month to 59.1 percent. Nine of 18 non-manufacturing industries reported increased activity in December. Members' comments in December are generally positive concerning current business conditions. The overall indication in December is continued economic growth in the non-manufacturing sector, but at a slower pace than in November."

To read the entire release click here.

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Latest JPMorgan Global PMI: Global Report on Manufacturing

Global Manufacturing Expansion Steadied in December, After Easing Through Much of H2 2006. Input Price Inflation at Seventeen-Month Low.

After easing through much of H2 2006, the rate of expansion of the global manufacturing sector steadied in December. This was highlighted by the JPMorgan Global Manufacturing PMI posting 53.3, unchanged from November's fifteen-month low. National PMI data suggested that slightly slower growth in the Asia-Pacific region was offset by a recovery in the US manufacturing sector (following the contraction recorded in the previous month). Expansion remained robust in the euro area.

For the complete JPMorgan release click here.

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Get SupplyLine Notifications Sent Directly to Your INBOX

National and affiliate leaders now receive automatic e-mail notifications for the SupplyLine 2055: Certification Update newsletter each fiscal quarter when published online. You can also receive an automatic notification.

Look for this free e-newsletter every quarter to keep you up-do-date on the latest news regarding ISM's new Certified Professional in Supply Management (CPSM) Qualification and C.P.M. and A.P.P. programs. There is no charge to subscribe and ISM does not resell or distribute addresses from this list. Once you subscribe, you will begin receiving e-mails containing information on changes and updates to the certification process.

To sign-up for the SupplyLine 2055: Certification Update newsletter 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 ballot that explains each issue on the Proxy. For more information click here.

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Take the C.P.M. Exam at Half Price!

Register for ISM's 92nd Annual International Supply Management Conference and Educational Exhibit, May 6-9, 2007 in Las Vegas, or a 2- or 3-day pre-Conference seminar and take one, two or up to three certification exam modules for half-price*.

This half-price offer is great news for supply managers wishing to complete their C.P.M. certification and bridge to the CPSM qualification. If you have a bachelor's degree from an accredited university, have five years or more of fulltime professional supply management experience and have received your C.P.M., you will immediately be able to bridge to the CPSM when it becomes available in 2008. The Bridge Exam streamlines the certification process by reducing the requirements from three exams to just one, positioning supply managers on the fast track toward achieving their career goals.

Don't miss this great opportunity. Save money on your C.P.M. Exams as you work toward your certification.

*This offer pertains only to the written exam presented on May 9, 2007, in Las Vegas during ISM's 92nd Annual International Supply Management Conference and Educational Exhibit. Space is limited.

For more information or to register click here.

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ISM Supplier Directory

Looking for technology providers? Consultants? Logistics services? Take a look in the ISM online Supplier Directory. You'll find over 75 suppliers listed with over 20 categories.

You can search the ISM Supplier Directory by company name, descriptive keywords, state, country or category. Recently added categories include:

  • Training / Seminars
  • Human Capital Management
  • Relocation Services

To check out the ISM Supplier Directory click here.

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Term of the Day

Today's ISM Term of the Day is: Administrative Law Judge.

Definition: Official who presides over a hearing within an administrative agency.

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. The updated ISM Glossary of Key Supply Management Terms is a valuable reference tool for supply professionals, academics, researchers and students. Greatly expanded, the new fourth edition includes information from all components of supply. From logistics to procurement, warehousing to product service development, the glossary provides supply professionals with both an improved terminology and a greater understanding of various supply processes across the entire supply chain. To purchase click here.

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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