Monday, March 2, 2009




2009 ISM Annual International Supply Management Conference

In This Issue ...
  • February Manufacturing ISM Report On Business®: PMI at 35.8% — Read more.
  • Inside the Latest eSide Supply Management — Read more.
  • Get the Cameras Rolling and Become a Supply Management Star — Read more.
  • Mark Your Calendar for the 6th Annual Black Executive Supply Management Summit March 25-27 in Orlando, Florida — Read more.
  • Minimize Your Training and Travel Spend With ISM's Online Courses — Read more.
  • ISM and ADR North America Integrate Training and Assessment Program — 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.

February Manufacturing ISM Report On Business®: PMI at 35.8%

Economic activity in the manufacturing sector failed to grow in February for the 13th consecutive month, and the overall economy contracted for the fifth 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 continues to decline at a rapid rate in February. While production has slowed its rate of decline, employment continues to fall precipitously. Prices continue to decline, but price advantages are not sufficient to overcome manufacturers' apparent loss of demand. Survey respondents appear generally pessimistic about recovery in 2009. Some express hope that the stimulus package will help their industry."

To read the entire release click here.

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Inside the Latest eSide Supply Management: Negotiation Languages, Future-CPO Strategies and Chinese Business Etiquette

Check out the January/February 2009 edition of eSide Supply Management, ISM's members-only bimonthly e-publication for up-and-coming supply management professionals, for these publicly accessible articles:

  • Persuasion: Mastering the Two Languages
    To broaden your understanding of how people take in information and make decisions during a negotiation, you must acknowledge that there are two equally important paths to persuasion: analytical and emotional. Mastering each requires you to speak a different language.

  • The Road to CPO — and Beyond
    Not long ago, A.T. Kearney partners John Blascovich and Mike Hales set out to document the CPO evolution — which skills and traits make some rising supply management professionals stand out over others as possible future CPOs.

  • Doing Business in China
    Thanks to quick turnarounds, a quality infrastructure and competitive speed-to-market, China endures as a vital sourcing destination. Before you go, make sure to brush up on the country's basic business etiquette — why punctuality is so highly valued, the importance of heeding hierarchy, how to exchange business cards the right way and more.

To access past editions of eSide, click here.

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Get the Cameras Rolling and Become a Supply Management Star

Have you ever watched a commercial and thought to yourself, "I could write a commercial better than that!" Well, now you can when you participate in Institute for Supply Management™'s (ISM) Commercial Challenge.

The rules are simple. Just shoot a 30- to 60-second video that focuses on one aspect of ISM — networking, training, continuing education or any of the other benefits of the association or ISM as whole. The choice is yours.

Once you've completed your commercial, log on to the ISM Web site to submit your entry. ISM members will vote for their favorite video. The winner will receive a brand-new iPod nano and a trip to Charlotte, North Carolina for ISM's Annual Conference in May 2009.

This contest is strictly for ISM members. If you have a great idea and are not a member, now is a great time to consider joining one of the premier professional organizations in the supply management field. As always, student membership is free.

ISM is taking submissions now through March 14, 2009. For details, please contact Melanie Larimer or Rob Palmer. For complete details, click here.

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Mark Your Calendar for the 6th Annual Black Executive Supply Management Summit, March 25-27 in Orlando, Florida

"Leveraging Supply Management in Our Global Economy"
March 25-27, 2009
Doubletree Hotel at the Entrance to Universal Orlando
Orlando, Florida

Plan now to join ISM and program sponsor Howard University for the 6th Annual Black Executive Supply Management Summit on March 25-27 in Orlando, Florida. Topics include global energy, sustainability, talent management, leadership and more. A student case competition and valuable networking opportunities are also planned.

To view the summit schedule, or to register online, click here.

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Minimize Your Training and Travel Spend With ISM's Online Courses

Institute for Supply Management™ (ISM) Knowledge Center courses save your organization time and money. With no time taken away from work and the elimination of travel expenses, they are a green, sustainable resource in a time of training and travel budget cuts.

Global in scope, these courses were developed by experts in supply management. Courses are either self-directed, instructor-led or bundled with groupings of courses that focus on concentrated learning objectives in a specific supply area. Plus, you can earn Continuing Education Hours (CEHs) for every course that you complete. The cost per course is $495 for members and $595 for nonmembers.

Instructor-Led Online Courses for 2009:

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ISM and ADR North America Integrate Training and Assessment Program

ISM and ADR are combining forces to provide organizations with top-flight instruction at significant cost and time savings. ISM and ADR programs represent a green, sustainable solution to your organization's professional development. By eliminating transportation costs, time away from work and holding training on your own schedule and at your own location, you reduce your organization's carbon footprint.

This strategic alliance will provide organizations with tools to lead them to increased profitability, enhanced staff competence and sustainable cost improvements. The integration of ISM and ADR assessment and training programs will offer clients a long list of expanded opportunities, including:

  • A wide range of services, including customized in-company training, and online and blended learning programs
  • Assessment and diagnostic tools for supply management skills
  • Global reach with multi-lingual instructors
  • Professional development on every level, from buyers to executives
Save Money with On-Site Training

With rising operational and training costs, executives now stress the need to reduce expenditures and improve key supply management skills to meet the challenges of the current economy. By investing in training — at your location — you can minimize time away from the office while still offering training in cost reduction, negotiations, strategic sourcing or other supply management skills.

ISM and ADR Professional Development programs provide best-in-class educational offerings to an ever-changing global marketplace. Our instructors are seasoned practitioners. For more information, contact Rene Yates or Toni Caserta at 800/888-6276, extensions 3080 or 3095, or go online.

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Web Site of Interest

This month's Web Site of Interest is ISM On LinkedIn, Facebook and Twitter

Join the many supply management professionals in the Institute for Supply Management™'s online networking groups within LinkedIn, Facebook and Twitter to receive relevant supply management posts. Every day, ISM members and others in the supply management professional start new discussions and share links to articles, question-and-answer threads, news items and much more — even job openings. All three portals are excellent ways to network, share expertise and brainstorm strategies for issues you face every day in the workplace.

Access LinkedIn, Facebook and Twitter now.

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: BATCH PROCESSING.

Definition: The gathering together of transactions into batches before performing system updates. Such updates are usually performed at regular, set days and times.

A different Term of the Day is posted on the ISM Home Page ( 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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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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