ISM - Publications - Just In ETime - Just in ETime Newsletter -- January 4, 2008





	Friday, January 4, 2008

In This Issue ...

December Non-Manufacturing ISM Report On Business®: Business Activity at 53.9%. Read more.
Latest JPMorgan Global PMI: Global Report on Manufacturing. Read more.
C.P.M. Exam and the Brand New CPSM Exam at Reduced Rates. Read more.
ISM's 2008 Conference Seminars. Read more.
Best Practices for Gaining Company-Wide Support for Your e-Procurement Initiatives. Read more.
2008 ISM Conference Career Center. Read more.
Term of the Day. Read more.
Contact Us. Read more.

December Non-Manufacturing ISM Report On Business®: Business Activity at 53.9%

Business activity in the non-manufacturing sector increased at a slower rate in December than in November, 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 57th consecutive month in December," Nieves said. He added, "The Business Activity Index decreased 0.2 percentage point to 53.9 percent for the month of December. The New Orders Index increased to 53.5 percent and the Employment Index increased to 52.1 percent. The Prices Index decreased to 72.7 percent in December. Five non-manufacturing industries reported increased activity in December. Members' comments in December vary by industry segment and remain concerned about the economy. The overall indication in December is continued economic growth in the non-manufacturing sector, but at a slightly slower pace than in November."

To read the entire release click here.

Latest JPMorgan Global PMI: Global Report on Manufacturing

Global Manufacturing Production and New Orders Expanded at Slowest Rates For Four-And-A-Half Years in December. Cost Inflation Hit Six-Month High.

At 51.4 in December, the JPMorgan Global Manufacturing PMI fell to its lowest level for almost four-and-a-half years and signaled only a slight improvement in the overall health of the sector. The PMI was dragged lower by a worsening in US manufacturing conditions, as the US PMI posted its lowest reading since April 2003 and fell below the 50.0 no-change mark for the first time in eleven months. Conditions strengthened slightly in the Asia-Pacific region, and steadied in the Eurozone, whereas the UK Manufacturing PMI lost the momentum it regained in November.

Rates of expansion in world manufacturing production and new orders both eased in December. The Global Manufacturing Output Index, which posted 52.2, and the Global Manufacturing New Orders Index, at 51.4, dropped to four-and-a-half year lows.

For the complete JPMorgan release click here.

C.P.M. Exam and the Brand New CPSM Exam at Reduced Rates

Register for the complete Conference or a 2- or 3-day pre-Conference seminar and take up to two certification exams at significantly reduced rates*. Exams are offered on Saturday, May 3, 2008 for the C.P.M. exam and Wednesday, May 7, 2008 for the CPSM exam. Register early — exam seating is limited. Don't miss this opportunity to save!

*This offer pertains only to the written exam presented on May 3, 2008 for the C.P.M. and on May 7, 2008 for the CPSM, in St. Louis during ISM's 93rd Annual International Supply Management Conference and Educational Exhibit. Space is Limited.

For more information about registering for the above exams, click here.

ISM's 2008 Conference Seminars

Every year ISM provides top quality seminars before and/or after its Annual International Supply Management Conference. This year, in St. Louis, is no exception. ISM is offering nine seminars ranging from one-day to three-days in length.

A list of the available Conference seminars and their program dates follows:

The People Side of Global Competency Skills for World-Class Supply Management
April 29-30, 2008
CPSM Train the Trainer Program
May 1-2 or May 8-9, 2008
Finance for the Supply Management Professional
May 1-2, 2008
The Power of Business Planning in Supply Management
May 1-2, 2008
Psychology of Influencing and Negotiation
May 1-2, 2008
Supply Market Intelligence: Integration for Optimization
May 1-2, 2008
Advanced Negotiation Strategies: Advanced Concepts and Techniques for Optimizing Value Through Negotiations
May 1-3, 2008
Purchasing and the Law: The Basics You Need to Succeed
May 1-3, 2008
How to Develop and Manage a Supplier Diversity Program
May 3, 2008

For registration information, or information about the discount options available to you when registering for one or more of the Conference seminars, click here.

Best Practices for Gaining Company-Wide Support for Your e-Procurement Initiatives

January 8, 2008
2:00 pm Eastern, 11:00 am Pacific

Most procurement professionals want to continually improve how they manage their companies' spend, however, many find themselves struggling to balance their desire for greater savings and control with their businesses' desire for greater convenience, speed, and flexibility. It doesn't have to be a win-lose battle.

Please join speakers from Coupa Software, Aberdeen Group and CAPS Research as they share their latest research and experience on how procurement teams can gain the support of their entire company to make their e-procurement initiatives more successful.

Attendees will hear strategies to:

Set realistic short and long term goals
Balance procurement teams' "service" vs. "enforcement" role
Integrate constructive feedback into your programs
Broaden your programs to cover new commodities and business areas
Generate and maintain momentum for your initiatives

As an added bonus, all Webcast registrants will also receive the recently released Aberdeen whitepaper E-Procurement Trials and Triumphs.

Don't miss this complimentary one-hour STREAMING ONLY Web event hosted by ISM and sponsored by Coupa Software. For full information and to register, click here.

2008 ISM Conference Career Center

Be a part of the 2008 ISM Conference Career Center and attract valuable talent to your organization.

As a part of the 93rd Annual International Supply Management Conference & Educational Exhibit in St. Louis, ISM is hosting its 4th Conference Career Center. The Career Center allows Conference attendees to explore career opportunities and helps companies attract top-notch talent. We anticipate that more than 2,500 supply management professionals will attend the 2008 Conference. More than 50 percent of attendees hold the title of manager or above, and more than 80 percent of attendees have a bachelor's or graduate-level degree.

Why should your company participate?
The ISM Annual International Conference is the largest gathering place of supply management professionals in the world. It is an excellent opportunity to interview, recruit and make an offer to leading professionals in a very specialized and demanding field.

Your participation includes:

Posting your current job opening on the ISM Conference Career Center Web Site.
Access to an exclusive résumé database before and after the Conference.
Your company profile advertised in the April 2008 edition of the Program Guide & Navigator, which is distributed to all Conference attendees and 45,000 supply management professionals.* ($1,000 value).
Usage of private interview booths.
Complimentary lunch served daily for up to two recruiters.
Opportunity to promote your organization through face-to-face interviews with attendees.

*To be included in the April 2008 edition of the Navigator, ISM must receive your company profile by February 29, 2008.

How does the ISM Conference Career Center work?
All ISM Conference attendees are invited to submit their résumés to the Conference Career Center database. Organizations participating in the Career Center have exclusive access to these résumés. By accessing the résumés before the Conference, you will be able to set up interviews with selected supply management professionals prior to the Conference or interview walk-in candidates.

Career Center Dates & Hours
Sunday, May 4, 2008, 1:00 p.m. - 5:00 p.m.
Monday, May 5, 2008, 8:00 a.m. - 5:00 p.m.
Tuesday, May 6, 2008, 8:00 a.m. - 5:00 p.m.

Participation Fees
ISM offers two pricing options for the 2008 ISM Conference Career Center:

Option 1: 3 Days (Sunday, Monday and Tuesday) — $2,899 USD
Option 2: 1½ or 2 days (Sunday-Monday or Monday-Tuesday) — $1,800 USD

The Career Center is custom-designed for the Conference and is supported by ISM staff.

How do you become 2008 Conference Career Center employer?
Please contact Toni Caserta at 480-752-6276, extension 3095 or at acaserta@ism.ws.

Don't settle for second-rate talent. Recruit the best at the 2008 Conference Career Center.

The 2008 Conference Career Center is sponsored by Monsanto.

For more information about the 2008 Conference Career Center click here.

Term of the Day

Today's ISM Term of the Day is: INDIRECT LABOR.

Definition: Production support labor that cannot be allocated to a specific item or process. The labor charges for plant maintenance and other activities that are sometimes broken into: (1) indirect activities done by personnel classified as indirect; and (2) activities such as training for personnel usually classified as direct.

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.