|In This Issue ...
- October Manufacturing ISM Report On Business®: PMI at 38.9% Read more.
- Don't Miss ISM's 9th Annual Services Conference — December 4-5 in Phoenix Read more.
- Recruit the Best — Obtain the Best Professionals for Key Positions Within Your Organization Read more.
- ISM-NBTA Summit on Travel & Meetings Read more.
- Save the Date for the Hospitality Supply Management Forum 2009 Conference 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.
|October Manufacturing ISM Report On Business®: PMI at 38.9%
Economic activity in the manufacturing sector failed to grow in October for the third consecutive month, and the overall economy concluded 83 consecutive months of growth, 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 significantly faster rate of decline in manufacturing when comparing October to September. It appears that manufacturing is experiencing significant demand destruction as a result of recent events, with members indicating challenges associated with the financial crisis, interruptions from the Gulf hurricane, and the lagging impact from higher oil prices. This is the lowest level for the PMI since September 1982 when it registered 38.8 percent. In this report, we see inflationary pressures dissolving as the Prices Index fell to 37 percent, the lowest since December 2001 when it registered 33.2 percent. Export orders also contracted for the first time following 70 months of growth."
To read the entire release click here.
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|Don't Miss ISM's 9th Annual Services Conference — December 4-5 in Phoenix
Finding extra value and cost savings in your services spend will help drive your bottom line during this downturn in the economy. This year's services conference will give you new tools and methods to leverage this critical area of your operation. Discover what your colleagues have done to maximize strengths, minimize weaknesses and reap the rewards of a fine-tuned services supply chain.
Thursday's special lunch session, "Economic Outlook 2009: The Year Ahead" by presented by financial expert Wayne Stutzer, senior vice president and financial consultant at Phoenix's RBC Wealth Management, will spotlight the latest information and global perspectives on investment and financial markets.
With more than 25 years of experience as an investment executive, Stutzer hosts "The Smart Investor" radio show on Arizona's News radio 92.3 KTAR FM every Sunday from 8 am. to 10 a.m. His market report, "Stocks on Fox," airs on Phoenix's Channel 10 every weekday morning at 5:20 a.m.
Additionally, attendees will learn:
- How to optimize sourcing decisions
- New methods for higher ROI
- Reduce costs related to travel management
- Make services procurement strategies more effective
They will also investigate real-world accomplishments from successful organizations — Allstate, MeadWestvaco, Oracle, Colgate-Palmolive among them — and earn 9.75 continuing education hours (CEHs).
More information is available online:
Conference Brochure (PDF):
For further details, call ISM Customer Service at (800) 888-6276, option 8.
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|Recruit the Best — Obtain the Best Professionals for Key Positions Within Your Organization
These days, finding the right talent is a strategic priority. Increased demand for qualified professionals has changed the hiring process from a human resources function to a human capital management strategy. Organizations have found that getting the right people in the right positions can make a substantial impact on the bottom line, even in an economic downturn.
ISM's solution to improving your human capital management strategy is the 2009 Conference Career Center at the 9th Annual International Supply Management Conference & Educational Exhibit, May 3-6, 2009 in Charlotte, North Carolina.
ISM offers all conference participants the opportunity to submit their résumés for consideration. Participating employers can review these and meet with their top candidates during the Conference.
Every year, the ISM annual conference attracts more than 2,000 supply management professionals. Global attendees represent both the manufacturing and non-manufacturing sectors. Of those in attendance:
- 90% have three or more years of experience in supply management.
- 25% have at least one professional credential.
- 50% have a bachelor's degree and/or some graduate school experience.
- 29% of ISM members have graduate degrees.
Participating employers will have the chance to review résumés prior to the conference using a special online database designed for the event. They can also list job postings, company profiles and links to their organizations' homepages on the Conference Career Center portion of the Web site.
Additionally, participating employers can prescreen candidates by phone and schedule onsite interviews at the conference, interview walk-in attendees, and make use of their own private interviewing room. Lunch will be provided for up to two recruiters every day of the conference, and each participating employer will receive a 10" x 10" interviewing space, a draped table and two chairs.
Access to the Conference Career Center Cyber Café is also included, as is a company profile and logo in the Conference Guide & Navigator for commitments made before March 1, 2009.
2009 Conference Career Center Hours:
|Sunday, May 3
||5 p.m. – 7 p.m.
|Monday, May 4
||8:30 a.m. – 3:30 p.m. & 5:30 p.m. – 7 p.m.
|Tuesday, May 5
||9 a.m. – 2:30 p.m.
The employer participation fee for the 2009 Conference Career Center is $2,150. To participate, contact Toni Caserta, manager of professional development services at ISM, by calling (480) 752-6276, ext. 3095 or by e-mail at firstname.lastname@example.org.
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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 indirect spend category. 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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|Save the Date for the Hospitality Supply Management Forum 2009 Conference
Challenges and Solutions for Today's Hospitality Supply Manager
May 13-15, 2009
Hilton Chicago Hotel
720 S. Michigan Ave.
ISM Special Room Rate: $271 until April 11
Reservations: (312) 922-4400
Take advantage of this unique opportunity to network with colleagues and industry leaders, explore a wide array of educational topics and earn 8.75 Continuing Education Hours (CEHs). Discover what's new and what's on the horizon. Gain a perspective from hospitality supply chain leaders. Discuss best practices and innovation, including green initiatives and disaster planning. Learn about the latest trends and their effects on food safety.
Attendees can expect:
- Executive perspectives
- The effects of industry and demographic trends on food safety
- Strategies pertaining to sustainability and going green
- Equipment updates and trends
- Disaster planning and recovery success stories
- Economic outlook insights
On Thursday evening, attendees will take a spin around the universe at Chicago's Adler Planetarium and Astronomy Museum. Providing a breathtaking view of the city, this facility offers amazing star shows, presentations on space exploration and exhibits featuring priceless artifacts from NASA missions dating back to the early 1960's.
This event is sponsored by the Hospitality Supply Management, an ISM Forum.
$595 — ISM Members*
$795 — Nonmembers*
*Register by April 15, 2009 to lock in ISM's Early Bird Discount. After that date, add $200 to the registration fee. Save an additional $25 per person when you register three or more attendees with ISM's Team Discount.
For more information, call ISM Customer Service at (800) 888-6276 or (480) 752-6276, option 8.
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|Web Site of Interest
This month's Web Site of Interest is: The Conference Board.
The Conference Board is a leading worldwide business membership and research organization best known for its Consumer Confidence. For nearly 100 years, The Conference Board has equipped corporations with practical knowledge through issues-oriented research and senior executive peer-to-peer meetings.
Online, you will find free research and executive action reports, key findings and ready-to-use PowerPoint presentations. Podcasts and Webcasts are also available at no cost.
To access The Conference Board 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: CONTENT MANAGEMENT.
Definition: The process of collecting, organizing and classifying information so it can be stored, published and reused for future purposes.
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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