|In This Issue ...
- August Manufacturing ISM Report On Business®: PMI at 49.9% Read more.
- ISM Presents the 2nd Annual Global Supply Management Conference Read more.
- First CPSM® in Canada Announced Read more.
- Door Is Open for Online Applications for 2009 ISM R. Gene Richter Awards Read more.
- ISM-NBTA Summit on Travel & Meetings Read more.
- Web Site of Interest Read more.
- Term of the Day Read more.
- It's Easy to Subscribe to the Just in ETime Newsletter Read more.
- Contact Us Read more.
|August Manufacturing ISM Report On Business®: PMI at 49.9%
Economic activity in the manufacturing sector failed to grow in August, while the overall economy grew for the 82nd 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. "The PMI indicates a slight decline in manufacturing during August. This continues the 2008 trend toward negligible growth or contraction each month, but ultimately results in very little overall change in the sector. This month's report is showing the first signs of lower prices as the Prices Index fell significantly, though still at an inflationary level. Export orders picked up additional momentum, and that is important to manufacturers as domestic demand remains soft for most industries."
To read the entire release click here.
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|ISM Presents the 2nd Annual Global Supply Management Conference
2nd Annual Global Supply Management Conference
September 18-19, 2008
ISM's 2nd Annual Global Supply Management Conference will help attendees navigate the truths and myths about the international marketplace. Seminars and sessions include:
- Strategies for a limited budget
- Mitigating risk
- Avoiding headlines
- Cross-cultural communication
- Global transportation management
- Quality standards
- Carbon-neutral strategies
- Open forum
If you missed last year's inaugural event, this year's conference is a must. In fact, 98 percent of last the 2007 attendees said they would recommend the program to others.
What Is Offered
This well-rounded conference will help attendees make better decisions about going global. Hand-picked faculty includes practitioners, researchers and even an editor from a leading supply management publication. Their experience transcends the manufacturing and nonmanufacturing environments.
Who Should Attend
This program benefits supply management professionals currently immersed in global strategies, or those contemplating a move to the global arena. To ensure significant discussions and relevant networking, participants are asked to have knowledge of supply management that goes beyond the basics.
Why to Attend
This program delivers immediately applicable, real-world strategies and solutions. Sessions cover the initial decision to go global, financial variables and fine-tuning global strategies. Key take-aways include tangible solutions and the building of a foundation for international business analysis and direction.
The conference also represents an opportunity to start building relationships with peers in the supply management profession, and attendees will earn 10 Continuing Education Hours (CEHs) for their participation.
For details, click here.
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|First CPSM® in Canada Announced
Paving the way for supply management professionals in Canada, Terry Volpel, CPSM, C.P.M., is the first to earn the Certified Professional in Supply Management (CPSM®), a new designation designed to help prepare supply managers for broader levels of responsibility. Institute for Supply Management™ (ISM) launched the CPSM® during its 93rd Annual International Supply Management Conference and Educational Exhibit in May 2008.
Volpel is a member of the Canadian Institute for Supply Management (CISM). In order to earn the CPSM®, Volpel had to meet all the criteria established by ISM for earning the qualification, including:
- Three years of full-time professional supply management experience (nonclerical or nonsupport);
- A clear statement from a specific country's higher learning and accrediting body concerning a degree's equivalency or a bachelor's degree from a regionally accredited institution;
- Pass all three CPSM® exams, or take the bridge exam if already a Certified Purchasing Manager (C.P.M.) in good standing.
The CPSM® represents the highest degree of professional competencies, containing the most comprehensive body of knowledge, and is designed to lead the profession by emphasizing the main components of supply management.
Professionals who obtain the CPSM® will have an advanced-level of broad-based skills to make better decisions regarding their organization's supply network, including how to take full advantage of opportunities around the world.
For additional information on the CPSM® program and exam preparation materials, or to sign up for CPSM® e-mail updates, click here.
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|Door Is Open for Online Applications for 2009 ISM R. Gene Richter Awards
The ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management are open to supply management departments of all sizes and geographic locations, both domestic and international. ISM is accepting entries through an online submission process from July 1 to September 19, 2008. Entries should address big challenges for which new solutions have had wide organizational and/or supply chain impact. Multiple entries are welcomed in one or more of four categories: Process, People, Organization/Structure and Technology. For the 2009 awards, the project/initiative must either (1) have been completed and/or implemented or (2) have measurable outcomes within the date range of October 1, 2005 through September 30, 2008.
An application fee of $1,000 per organization is required for 2009 award applications. Organizations that submit multiple applications will only be charged this fee once, regardless of the number of applications they submit.
Richter award recipients will be notified in January 2009 and will be honored at an awards dinner on Sunday, May 3, 2009 at the ISM Annual International Supply Management Conference and Educational Exhibit in Charlotte, North Carolina. Winning organizations agree to present a Conference session describing their project.
For information on entry categories, to apply for the 2009 awards or to download the 2008 Richter Award Winners Brochure, click here.
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|ISM-NBTA Summit on Travel & Meetings
Travel & Meetings: Supply Management's Critical Role
January 27-28, 2009
Charlotte, North Carolina
The ISM-NBTA summit "Travel & Meetings: Supply Management's Critical Role" is an outstanding opportunity for experienced professionals with oversight responsibilities for business travel and meeting spend within supply management operations.
The conference will focus on the challenges associated with the complex task of managing travel and meetings — the largest category of indirect spend. Its goal is to facilitate strategic dialogue between professionals who directly oversee the travel and meetings management functions within their companies and those in the procurement organization who have direct supervision over those functional areas.
The ideal conference attendees are:
- Senior travel management professionals who report to their companies' procurement (supply management) operations;
- Senior meetings management professionals who report to their companies' procurement (supply management) operations; and
- Senior purchasing professionals to whom the travel and/or meetings functions report.
Whether you're a supply management professional or a travel or meetings management agent, a lot of knowledge can be gained from the views and suggested solutions of professionals on both sides of the spectrum.
Register online, click here.
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|Web Site of Interest
This month's Web Site of Interest is: The Stanford Global Supply Chain Management Forum.
The Stanford Global Supply Chain Management Forum is a leading research institute in partnership with industry and the School of Engineering and Graduate School of Business at Stanford University that advances the theory and practice of excellence in global supply chain management. Working with 30 industrial organizations, the Forum is actively engaged with a broad cross-section of leading and emerging industries to identify, document, research, develop and disseminate best practices in a dynamic and increasingly global economic business environment.
While some content is members-only, visit the "News from the Team" portion for informative, readily available podcasts, video lectures, white papers, study results and more by supply management academics from across the globe.
To access The Stanford Global Supply Chain Management Forum, 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: INTERNATIONAL ELECTROTECHNICAL COMMISSION (IEC).
Definition: The International Electrotechnical Commission (IEC) is a global organization that prepares and publishes international standards for electrical, electronic and related technologies. The IEC collaborates with the ISO on standardization in the areas of information technology and telecommunications.
A different Term of the Day is posted on the ISM Home Page (www.ism.ws) each day — seven days a week. The Term of the Day is 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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