Monday, December 3, 2007


University of San Diego School of Business Administration


Big Fish Inc.

In This Issue ...

November Manufacturing ISM Report On Business®: PMI at 50.8%

Economic activity in the manufacturing sector expanded in November for the 10th consecutive month, while the overall economy grew for the 73rd 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 continued to grow during November, a trend that is now in its 10th month. The rate of growth in the sector was down slightly compared to October. While other segments of the economy are struggling, manufacturing continues to grow due to continuing strength in new orders, and a recovery in production from last month. Prices, driven higher by energy prices, are once again the major concern."

To read the entire release click here.

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Introducing SMART — An ISM Assessment Tool

Appraise your team's effectiveness, uncover knowledge gaps and become more effective.

SMART, ISM's new Supply Management Assessment Tool, appraises your supply team's skill level, uncovers knowledge gaps and assists you in prioritizing your professional development initiatives.

As a self declarative assessment model, individuals rate their skills and level of knowledge using a Web-based questionnaire. Supervisors then rate the same skills and level of knowledge that they would expect individuals in that job title to possess, the importance of the task, frequency and the function performed. These results are compiled into an executive summary, knowledge based report outlining a prioritized training and development strategy specific to your organization's needs. The report validates your business case for training and provides a structured path to improving your operation.

Developed through research studies and expert focus groups that evaluated tasks within the profession, SMART helps align management and staff expectations, duties and identifies educational opportunities that will help you develop a stronger supply management operation. SMART consists of numerous supply management topics identified by ISM from an extensive analysis of the supply management field.

Available internationally, SMART ensures that your entire supply management team is always leading your organization forward.

To find out how SMART can deliver your focused training solution, contact:

  • Rene Yates, C.P.M., Manager, Professional Development Services
    800/888-6276 or 480/752-6276, extension 3080

  • Toni Caserta, Manager, Professional Development Services
    800/888-6276 or 480/752-6276, extension 3095

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Heads Up!

Keep an eye out for ISM's new "Dare to Lead" 2008 Calendar, to be delivered with the December issue of Inside Supply Management® magazine.

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Career Management Tools and Resources

The Career Management Tools and Resources area of the Career Center contains links to tips, articles, newsletters and Web sites that can help you in your job search, career advancement and/or professional development.

Two new articles were recently added to the career article section:

  • Five Steps to a New Job
  • Acing the Million Dollar Interview Question

To access the above articles, or to view the other career management tools click here.

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January Deadlines

Don't forget the following important January deadlines:

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Web Site of Interest

This month's Web Site of Interest is: Knowledge@W. P. Carey.

This online resource offers the business insights, information and research from a variety of sources. These include analysis of current business trends, interviews with industry leaders and W. P. Carey faculty, articles based on recent business research, book reviews, conference and seminar reports, links to other Web sites and more.

Editorial content on the site is divided into 14 sections. The sections range from Leadership and Change to Real Estate to Supply Chain Management.

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: BASE STOCK.

Definition: A form of inventory management whereby, whenever a demand occurs, an order is immediately made to replace the amount used/sold.

A different Term of the Day is posted on the ISM Home Page ( 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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It's Easy to Subscribe to the Just in ETime Newsletter

The Just in ETime e-mail newsletter delivers ISM- and supply/procurement-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 ISM's certification programs, as well as Web sites of interest to supply/procurement professionals.

It's easy to subscribe to the Just in ETime newsletter, all you need is your e-mail address. Best of all — there's no charge to become a subscriber!

To subscribe to Just in ETime click here.

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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