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

Thursday, May 3, 2007


PRMT Management Consultants



In This Issue ...
  • April Non-Manufacturing ISM Report On Business®: Business Activity at 56%.  Read more.
  • Latest JPMorgan Global PMI: Global Report on Manufacturing.  Read more.
  • ISM's 2007 Salary Survey Results Are Now Available!  Read more.
  • 73rd Semiannual Economic Forecast to be Released May 8th.  Read more.
  • Register for the Annual June Services Program.  Read more.
  • Business Book List.  Read more.
  • Term of the Day.  Read more.
  • Contact Us.  Read more.

April Non-Manufacturing ISM Report On Business®: Business Activity at 56%

Business activity in the non-manufacturing sector increased at a faster rate in April 2007, 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 49th consecutive month in April," Nieves said. He added, "Business Activity, New Orders and Employment increased at a faster rate in April than in March. The Prices Index increased slightly this month to 63.5 percent. Thirteen non-manufacturing industries reported increased activity in April. Members' comments in April are mixed about business conditions. There is continued concern with fuel and energy costs. The overall indication in April is continued economic growth in the non-manufacturing sector at a faster pace than in March."

To read the entire release click here.

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Latest JPMorgan Global PMI: Global Report on Manufacturing

Global Manufacturing Sector Showed Signs of Improved Strength in April, as Growth of Output, New Orders and Employment Accelerated.

The global manufacturing sector started Q2 2007 on a brighter note compared to its performance during the first quarter, as April PMI data pointed to sharper rates of expansion for output, new orders and employment.

At 54.1 in April, the JPMorgan Global Manufacturing PMI — a headline composite indicator designed to provide a measure of overall economic conditions in the manufacturing sector — rose to its highest level for seven months. The PMI has now remained above the 50.0 no-change mark for forty-six successive months.

For the complete JPMorgan release click here.

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ISM's 2007 Salary Survey Results Are Now Available!

ISM surveyed supply management professionals during January and February 2007 to determine average salaries in the supply management profession. This report presents summary results of the survey that is based upon salaries earned during the 2006 calendar year. The full report provides breakdowns of salary by job title, years of experience, education level, certification status, buying responsibility, state of residency and other factors. Demographic information on the respondents is also reported.

The full report of the Salary Survey Results is available online to ISM members at no charge. Non-members can purchase the full report for $199.00 USD. A brief summary of the result is available to non-members for free.

For more information click here.

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73rd Semiannual Economic Forecast to be Released May 8th

ISM's Business Survey Committee will release its 73rd Semiannual Economic Forecast on Tuesday, May 8, 2007, during ISM's 92nd Annual International Supply Management Conference.

The Forecast will be posted on ISM's Web site (1:00 p.m. ET) after it's released at the Conference. A special issue of the Just in ETime newsletter will go out to subscribers with the Forecast information on Tuesday.

For more information 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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Business Book List

The books on ISM's Business Book List have been reviewed by a team of supply management professionals and academic reviewers, and have been found to be relevant to supply managers and their functions. When you review the list you will note some of the reviewer's comments in the listings.

Similar books are reviewed regularly, and new books are added to the list periodically.

The Business Book List can be viewed by category or by publication year.

To review the Business Book List click here.

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Term of the Day


Definition: A trade association representing owners and operators of tugboats, towboats and barges serving the waterborne commerce of the United States.

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.

The online Members Only ISM Glossary of Key Supply Management Terms 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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