Tuesday, May 1, 2007

PRMT Management Consultants



ISM's 92nd Annual International Supply Management Conference

In This Issue ...
  • April Manufacturing ISM Report On Business®: PMI at 54.7%.  Read more.
  • ISM Now Offers Its Own RSS Feed.  Read more.
  • Register for the Annual June Services Program.  Read more.
  • Survey Shows Most Firms Currently Lack Formal Strategies and Processes to Fulfill Sustainability Commitments.  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.

April Manufacturing ISM Report On Business®: PMI at 54.7%

Economic activity in the manufacturing sector expanded in April for the third consecutive month, while the overall economy grew for the 66th 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. "Manufacturing activity increased in April as the PMI reflects accelerating growth for the month. New Orders and Production improved significantly as did Employment. Manufacturers are now in their ninth month of inventory reduction, so supply chains are generally in balance. On the negative side, prices continue to rise at a rapid rate with metals and energy being the areas of greatest concern to buyers."

To read the entire release click here.

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ISM Now Offers Its Own RSS Feed

RSS (Really Simple Syndication) is an XML-based format for distributing content on the Web. When you subscribe to ISM's RSS feed, your personal home page or RSS aggregator will regularly check for new ISM press releases such as the ISM Report On Business® releases.

For more information or to subscribe to the RSS Feed click here.

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Register for the Annual June Services Program

ISM presents the June Services Program: The Power of the Services Supply Chain: Maximizing Strategic Value, Thursday, June 7, 2007 at St. John's University, Manhattan Campus, New York, NY. This year's sessions offer value and insights into maximizing strategic value in your services spend. You won't find these workshops anywhere else:

  • Creating Value Through Strategic Supply Management
  • Organizing for and Capturing the Value of Strategic Sourcing
  • Influencing the Marketing and Legal Spends
  • Best Practices in Managing a Global Services Spend

Be sure to join us for this unique educational experience. For complete program information click here.

Earn 6.25 Continuing Education Hours (CEHs) when you attend this one-day event.
$495 ISM Members/$695 Nonmembers.

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Survey Shows Most Firms Currently Lack Formal Strategies and Processes to Fulfill Sustainability Commitments

While a majority of North American firms in the survey (almost 60 percent) have a documented corporate-level sustainability strategy, just over one-third (36 percent) have adopted a formal sustainability strategy for the supply management organization — a crucial step in ultimately being able to deliver on their sustainability promises.

Those are among the findings of a study by global management consulting firm A.T. Kearney, in conjunction with the Institute for Supply Management™ (ISM). The study surveyed firms across a variety of industries to assess corporate sustainability practices and understand how sustainability is impacting businesses. Corporate sustainability is defined as the promotion of economic development (e.g., profits and job creation), environmental stewardship (e.g., energy conservation and pollution reduction), and social well-being (labor standards and community impact).

For more information click here.

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Web Site of Interest

This month's Web Site of Interest is: The How-To Network.

This Web site provides business How-To's ranging from "How-To Create a Company Logo" to "How-To Understand Commercial Leasing." One of many areas that may be interesting to Just in ETime readers is the "How-To Decide if You Need a Non-Disclosure Agreement (NDA)." Includes information on when to use a nondisclosure agreement and provides a form template to use free of charge.

To access this information and template 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: BANKRUPTCY.

Definition: When a person or an organization becomes insolvent (ceases to pay debts in the ordinary course of business or cannot pay debts as they become due) or their creditors petition the bankruptcy court and they are judged to be insolvent by a court. Their property will be administered for and divided among their creditors under bankruptcy law.

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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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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