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

 
Friday, June 1, 2007
   


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In This Issue ...
  • May Manufacturing ISM Report On Business®: PMI at 55%.  Read more.
  • ISM Names Persons of the Year.  Read more.
  • Inaugural ISM Hispanic Executive Supply Management Summit.  Read more.
  • ISM's Minority and Women's Business Development Group Receives Excellence Award.  Read more.
  • ISM Honors Affiliate of the Year.  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.


May Manufacturing ISM Report On Business®: PMI at 55%

Economic activity in the manufacturing sector expanded in May for the fourth consecutive month, while the overall economy grew for the 67th 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 expanded in May as the PMI rose to its highest level in the last 12 months. Both the New Orders and Production Indexes indicated growth, continuing a trend that is now in its fourth month. The ISM Inventories Index indicates that manufacturers are now in their 10th month of inventory reduction. A major concern of respondents is the rate of price increases covering a wide variety of commodities."

To read the entire release click here.

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ISM Names Persons of the Year

ISM has announced its Persons of the Year Awards, honoring those who have made significant contributions to ISM and the supply management profession.

In its seventh year, the Persons of the Year Awards program recognizes excellence in Education/Learning, Innovation/Creativity, Leadership, Marketing/Communicating and Volunteerism. The 2006 ISM Persons of the Year recipients are:

  • Education/Learning Person of the Year — Jim Gomes, C.P.M., ISM—Dallas, Inc.
  • Innovation/Creativity Person of the Year — Robert VanNiel, NAPM—Rochester, Inc.
  • Leadership Person of the Year — Edward Riggie, C.P.M., NAPM—Binghamton, Inc.
  • Marketing/Communicating Person of the Year — Monte Rider, C.P.M., Nevada Association of Purchasing and Supply Management, Inc.
  • Volunteer Person of the Year — Katherine S. Uchman, ISM—Sacramento Valley, Inc.

For more information on the Persons of the Year Award winners click here.

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Inaugural ISM Hispanic Executive Supply Management Summit

Leading Your Supply Organization
August 23-24, 2007
Marriott Scottsdale McDowell Mountain
Scottsdale, AZ

Be part of this exciting program as the Institute for Supply Management™ (ISM) presents the inaugural Hispanic Executive Supply Management Summit. Our goal is to provide a stimulating program that offers innovation and information to help you lead your supply organization. The added bonus of this summit is that we encourage active networking and we've built time in the schedule for this purpose. Make room for this program on your calendar and be sure to invite your supply management colleagues.

For more information or to register click here.

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ISM's Minority and Women's Business Development Group Receives Excellence Award

ISM honored its Minority and Women's Business Development Group (MWBDG) as 2006 Group or Forum of the Year.

ISM Groups and Forums Excellence Awards, now in their third year, recognize those Groups and Forums that demonstrate excellence in their professional operations, educational offerings, recruitment, training and retention efforts, while at the same time communicating the value and prestige of ISM and the supply management profession.

Four Groups/Forums met the level of excellence for 2006. They are:

  • Minority and Women's Business Development Group
  • Materials Management Group
  • Southwest Forum
  • Services Group

For more information about the award winner click here.

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ISM Honors Affiliate of the Year

ISM has awarded NAPM—Western Washington, Inc. the prestigious Affiliate of the Year Award.

Affiliate Excellence Awards recognize ISM affiliates that demonstrate an awareness and distinction in their professional operations, educational offerings, ability to recruit, train and retain members, while at the same time communicating the value and prestige of ISM and the supply management profession.

For more information about the winning affiliate, and the 16 affiliates that met the level of excellence for 2006 click here.

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Web Site of Interest

This month's Web Site of Interest is: OutsourcingCenter.

The OutsourcingCenter is a reference source for outsourcing information. The Web site features current and back issues of the Outsourcing Journal, a forum for online outsourcing discussion, and an in-depth "Frequently Asked Questions."

To access this Web site 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: CORRECTIVE ACTION.

Definition: Action taken to bring a process that has veered off the planned course back on track.

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 currently taken from the ISM Glossary of Key Supply Management Terms.

ISM members can access the online Members Only Glossary which includes terms from the private, public, and various industry sectors, and from a wide variety of sources. The Glossary 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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