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

 
Thursday, July 3, 2008
   


Fieldglass, Inc.

Karrass

EBSCO Industries, Inc.

University of San Diego School of Business Administration

ISM Career Center

In This Issue ...
  • June Non-Manufacturing ISM Report On Business®: NMI at 48.2%.  Read more.
  • Latest JPMorgan Global PMI: Global Report on Manufacturing.  Read more.
  • Submit Your Entry Now for the 2009 ISM R. Gene Richter Awards.  Read more.
  • Congratulations to the First CPSM!  Read more.
  • Second Annual Global Supply Management Conference.  Read more.
  • Visit ISM's Knowledge Center Today.  Read more.
  • Term of the Day.  Read more.
  • Contact Us.  Read more.


June Non-Manufacturing ISM Report On Business®: NMI at 48.2%

Economic activity in the non-manufacturing sector contracted in June, 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. "The NMI (Non-Manufacturing Index) decreased 3.5 percentage points in June to 48.2 percent, indicating contraction after two consecutive months of growth within the non-manufacturing sector. The Non-Manufacturing Business Activity Index decreased 3.7 percentage points to 49.9 percent. The New Orders Index decreased 5 percentage points to 48.6 percent, and the Employment Index decreased 4.9 percentage points to 43.8 percent. The Prices Index increased 7.5 percentage points to 84.5 percent in June, indicating a faster rate in price increases than in May. The Prices Index is at its highest level since this report began. According to the NMI, eight non-manufacturing industries reported growth in June. Members' comments in June indicate that rising fuel, energy and commodity costs are negatively impacting their respective businesses. Respondents' comments are mixed on business conditions and the overall economy."

To read the entire release click here.

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Latest JPMorgan Global PMI: Global Report on Manufacturing

Global Manufacturing Sector Contracted for the First Time in Five Years in June, as Companies Faced Weaker Demand and Survey Record Cost Increases.

At 49.5 in June, the JPMorgan Global Manufacturing PMI fell below the no-change mark of 50.0 for the first time in five years. The main factors underlying the decline in the PMI were weaker operating conditions in the European and Japanese manufacturing economies. In contrast, PMIs for China and India remained at expansionary levels, and for the US posted above the neutral mark for the first time since January.

Manufacturers faced a restrictive combination of survey record cost inflation and tighter market conditions in June. At 80.1, the Global Manufacturing Input Prices Index was driven higher by record oil prices and the increased cost of commodities such as metals, plastics and food products. Purchase price inflation was especially marked in the US, reaching its highest level since July 1979 (around the start of the 1979 oil crisis).

For the complete JPMorgan release click here.

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Submit Your Entry Now for the 2009 ISM R. Gene Richter Awards

Entry Deadline: September 19, 2008

The ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management were established to recognize innovative supply organizations that through strong leadership have dramatically increased their contribution to organizational success. Richter spread the message to keep out complexity, and maintain flexibility. These awards have been designed to capture the spirit of Gene Richter.

Awards are given to supply management departments within organizations that demonstrate leadership and innovation in supply management in at least one of four categories: Process, Organization/Structure, People or Technology.

For more information or to submit your entry, click here.

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Congratulations to the First CPSM!

ISM is pleased to announce Michael G. Haynes, CPSM, C.P.M., of Surprise, AZ as the first Certified Professional in Supply Management (CPSM®). "This is really good news and it is an honor to be the first CPSM," replied Haynes, "I will do my best to help ISM achieve the same level of respect for the CPSM that was achieved with the C.P.M."

Mr. Haynes passed all three of his CPSM Exams as a pilot participant through ISM's Arizona affiliate, NAPM—AZ.

How did he seem to effortlessly pass the CPSM Exams?

Haynes is a lifetime C.P.M. whose career in supply management encompasses 17 management/executive positions with five different organizations and is currently with Siemens Building Technologies Inc. He has taught procurement courses at Penn State University, conducted C.P.M. exam review courses and taught seminars at several ISM affiliates. Maybe you have taken one of his classes! Having completed the CPSM Train-the-Trainer Program, Mr. Haynes also plans to provide professional development and training for the CPSM certification.

Thank you for your example and contributions to the supply management profession. Congratulations Michael and keep Daring to Lead!

For information on the CPSM, click here.

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Second Annual Global Supply Management Conference

ISM presents the 2nd Annual Global Supply Management Conference
Position Your Supply Organization in the Global Marketplace
September 18-19, 2008
Tempe, AZ

Sponsored by ISM and ISM's Global Group

This program delivers real-world strategies and solutions that you can immediately apply in your organization. Sessions cover everything from the initial decision to go global through financial variables to fine-tuning your global strategies. Not only will you take away tangible solutions, but you'll also obtain a foundation to begin your own analysis and direction for global business. This is also an opportunity to start building relationships with your peers in the supply management community.

For more information, or to register, click here.

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Visit ISM's Knowledge Center Today

Institute for Supply Management™ (ISM) offers you many online education topics and program types. Global in scope, these courses were developed by experts from leading organizations, professional associations, industry consortia, educational institutions, consulting firms and individual practitioners. Topics include a significant number of supply management titles as well as many new general business titles.

When you register for Knowledge Center courses, you and your organization have access to a comprehensive curriculum that addresses all areas of the supply chain, including:

  • Self Directed (SDR) courses are modular, self-study courses, integrated with activities, case studies and an assessment test. These courses vary in complexity, range from one to 14 hours and are priced accordingly. They will provide you with in-depth knowledge in a specific subject area.

  • Expert on Demand (EOD) courses require audio and provide overview presentations from experts in the field.

  • Bundled Programs (BDL) are groups of modular self-study courses designed for concentrated learning in specific supply areas.

Earn Continuing Education Hours (CEHs) for every course that you complete. Course duration corresponds with the number of CEHs you will earn.

ISM also offers Instructor-Led courses that are interactive and facilitated by proven subject-matter experts. Each course is four weeks in duration and offered several times per year through the ISM Knowledge Center.

To learn more about these courses, visit ISM's Knowledge Center: Click here.

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Term of the Day

Today's ISM Term of the Day is: INTERNATIONAL CHAMBER OF COMMERCE.

Definition: Organization formed to serve world business by promoting trade and investment, open markets for goods and services, and the free flow of capital.

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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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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