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

 
Wednesday, February 21, 2007
   


Ariba

Georgia State University

KARRASS

ISM's 92nd Annual International Supply Management Conference

In This Issue ...


This Month in the Inside Supply Management® Magazine

Have you checked out this month's issue of Inside Supply Management® magazine? Here are a few highlights:

  • Today's competitive environment and the ever-increasing costs attributed to poor decision making require fact-based supply managers who demand awareness of the forces shaping their business environment. Market intelligence is essential for supply chain improvements.

  • Are you "waging war" in your organization? Stanley Bing, a Fortune magazine columnist and keynote speaker at ISM's 92nd Annual International Supply Management Conference and Educational Exhibit to be held in Las Vegas May 6-9, 2007, discusses "waging war" in corporate America as a common practice but states how you do battle separates winners from losers. Bing's satirical take on the corporate environment is as insightful as it is humorous.

  • A key antitrust case is before the U.S. Supreme Court that could further define legitimate competition. Read about the current status of the Weyerhaeuser Company v. Ross-Simmons Hardwood Lumber Company case.

To access the February Inside Supply Management® magazine's table of contents, which contains links to all this month's articles click here.

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Conference Early Bird Deadline

Register for the ISM 92nd Annual International Supply Management Conference by February 23, 2007 and receive the discounted early bird pricing — a saving of $100 over the regular registration fee.

For more information on the ISM Annual Conference click here.

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March is Supply Management Month

Supply Management Month offers a unique opportunity to celebrate the value of an increasingly influential profession. Every March, Institute for Supply Management™ (ISM) and its affiliated organizations endeavor to bring attention to the significant role supply professionals of all titles and organizational roles bring to all business sectors.

Help make Supply Management Month a success by spreading the word in your own area and among your business contacts. For more information click here.

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One on One Interview with Farryn Melton, C.P.M.

Farryn Melton, C.P.M., is the vice president and chief procurement officer for Thousand Oaks, California-based Amgen, the world's largest biotechnology company. She is responsible for leading the organization in leveraging the company's external spend to improve productivity, optimize cost efficiency and align with the overall business strategy to optimize value. With company revenues approaching $14 billion, her team is responsible for managing direct and indirect external spend, currently estimated at around $4 billion.

The Journal of Supply Chain Management: Why is it important for a supply management department to link its efforts to its company's drivers?

Farryn Melton: Successful sourcing organizations strive to be strategic partners to the business and to add value to the company at the highest levels. They contribute in a more meaningful way than cost savings and supplier rationalization. While these are important components, there is incremental value you can bring by connecting to the overall strategy and linking activities to form a common goal.

To read the entire interview with Farryn Melton click here.

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A.P.P. Reminder

In order to apply for your A.P.P. Original/Original Lifetime accreditation you must submit your application no later than February 28, 2007.

For more information click here.

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4th Annual Black Executive Supply Management Summit (BESMS)

Next-Generation Leadership Strategies is the focus of this year's summit, March 7-9, 2007 at the Nashville Marriot at Vanderbilt University, Nashville, TN. Discover what it takes to be a successful leader. Examine the skills and experience companies value when recruiting talent; and delve into the strategies professionals are using to turn procurement savings into company profits.

Proceeds from this program are used for a scholarship fund to send students to the ISM 92nd Annual International Supply Management Conference and Educational Exhibit, May 6-9, 2007 in Las Vegas.

Constructive Engagement and Program Attendance — ISM embraces and takes a leadership role in constructive engagement at the university and professional levels to positively influence the growth of a diverse workforce of supply professionals. Constructive engagement includes the creation and delivery of programs for specific audiences. In support of the spirit of its nondiscrimination policy, this ISM educational program is open to everyone. $799 ISM members/$899 nonmembers.

For more information or to register click here.

Questions? Call ISM Certification Department at 800/888-6276, extension 3044.

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Calendar of Events for March

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Term of the Day

Today's ISM Term of the Day is: SOFTWARE ENGINEERING INSTITUTE (SEI).

Definition: The SEI is a federally funded research and development center sponsored by the U.S. Department of Defense to formulate methods and guidelines to help others improve the way they develop software.

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.

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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