Wednesday, September 16, 2009

Dow Jones: Supply Chain Risk Monitor

BSI: Global Supply Chain Security Summit

ISM's 95th Annual International Supply Management Conference

ISM Career Center

In This Issue ...
  • This Month in Inside Supply Management® Magazine — Read more.
  • Free ISM Webinar Today: "Increasing Stakeholder Value through Integrated Spend Management" — Read more.
  • Deadline to Enter Richter Awards Competition Just Two Days Away — Read more.
  • 10th Annual ISM Services Conference — Services Procurement Strategies in Today's Tough Economy — Read more.
  • Calendar of Events for October — 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.

This Month in Inside Supply Management® Magazine

Have you checked out the latest issue of Inside Supply Management magazine? The September 2009 issue is full of useful information, including the following articles:

To access the complete September 2009 issue of Inside Supply Management® magazine, click here.

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Free ISM Webinar Today: "Increasing Stakeholder Value through Integrated Spend Management"

Date: Wednesday, September 16, 2009
Time: 1 p.m. EDT/10 a.m. PDT
Cost: Free
Hosted by: ISM
Sponsored by: Zycus

Description: E-sourcing is one of the most important functions in the procurement process. It can reduce costs and deliver sustainable savings. While strategic sourcing is prominent in contributing to the profitability of the business, tying it with other processes within procurement escalates the value and accelerates the ROI.

This Webinar will provide the latest best practices and approaches by Mickey North Rizza, research director at AMR Research. She will focus on how creating visibility and knowledge centers across spend management processes enable organizations to strengthen the bottom line and drive significant stakeholder value for the enterprise.

Organizations today are feeling the effects of the current recession and trying to survive with doing more with less. However, organizations that can adopt best practices and harmonize processes across procurement will be able to weather the current market volatility strengthen their market position and thrive in the future.

Companies will:

  • Determine if their spend management initiatives are in alignment with their enterprise business goals and objectives
  • Discover how companies are tracking and comparing realized savings to negotiated savings
  • Learn how companies can ensure their suppliers are in concurrence with the company objectives
  • Ensure contract compliance by tracking/matching contracts to spend data
  • Find out how a closed-loop procurement process will help organizations achieve operational efficiency and greater savings.

Featured Speakers:

  • Micky North Rizza
    Research Director
    AMR Research, Inc.

  • Roberta J. Jennings
    Director of Executive Programs and Publications
    CAPS Research

This Webinar qualifies for one CEH credit at ISM.

For full information, or to register, click here.

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Deadline to Enter Richter Awards Competition Just Two Days Away

Institute for Supply Management™ (ISM) is accepting entries for the ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management. Deadline for applications via ISM's Web site is September 18, 2009.

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. The competition recognizes organizations that raise the bar and bring supply management best practices to the forefront. Entries should address big challenges for which new solutions have had wide organizational and/or supply chain impact.

For the 2010 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, 2006 through September 30, 2009.

An application fee of $1,000 per organization is required for 2010 award applications. Organizations that submit multiple applications will only be charged this fee once, regardless of the number of applications they submit.

Multiple entries are welcomed in one or more of the following categories: Process, People, Organization/Structure, Technology and Sustainability. The fifth category — Sustainability — is new for the 2010 competition.

In its broadest sense, sustainability includes principles of social responsibility. Examples include: Supply management's role, both internally and externally across practices, products, services and business philosophies; developing measurements and results-reporting capabilities and action plans; implementing continuity contingency plans to manage natural disasters, terrorist actions, and the like.

For full category descriptions and information on how to apply for the 2010 awards, visit the ISM Web site.

Richter award recipients will be notified in January 2010 and will be honored at an awards dinner on Sunday, April 25, 2010 at the ISM Annual International Supply Management Conference and Educational Exhibit in San Diego, California. Winning organizations agree to present a Conference session describing their project. Questions regarding the awards may be directed to Terri Tracey, CAE, at 800/888-6276, extension 3071 (or, for callers outside the United States, +1 480/752-6276, extension 3071), or by e-mail at

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10th Annual ISM Services Conference — Services Procurement Strategies in Today's Tough Economy

Date: December 3–4, 2009
Location: Pointe Hilton Tapatio Cliffs Resort, 11111 N. 7th St., Phoenix, AZ 85020

The 10th Annual ISM Services Conference offers lessons learned over the last decade, and real-world accomplishments from some of the world's most visible and successful organizations. During the two-day Conference, the following breakout sessions will be offered:

  • Practical Ways to Select and Manage Service Suppliers in a Challenging Economy
  • Putting Service Back into Services Procurement!
  • Developing an Effective Strategic Procurement Plan
  • Developing a Well-Defined Program to Manage Contingent Workers
  • Six Sigma Applications in the Indirect Sourcing Process
  • Academy Award Performances: Big-Screen Lessons for Supply Chain Professionals
  • Reviewing the Contract: What to Look For in the Terms and Conditions
  • Outsourcing: When, Why and How to Manage
  • High-Quality Service Delivery: Collaboration — The Ultimate KPI
  • End-to-End Supplier Management in a Telecom Environment
  • A Practical Guide to Agency Compensation Assessment and Benchmarking
  • Procurement's Value in the Midst of Mergers and Acquisitions

All sessions are at the Pointe Hilton Tapatio Cliffs Resort. For reservations, call 602/866-7500. Be sure to mention ISM to receive the special room rate of $169 (single/double). The ISM rate is offered until November 8, 2009. Rooms sell out quickly, so be sure to reserve your room early.

For more information call ISM Customer Service at 800/888-6276, option 8, or to register, click here.

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Calendar of Events for October

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Term of the Day

Today's ISM Term of the Day is: DEFECT RATE.

Definition: A measure of quality expressed as a percentage of defects or a reject rate.

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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