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

 
Thursday, October 1, 2009
   


Ross School of Business: Global Operations Conference

Clemente Communications Group, LLC

BSI Group: Global Supply Chain Security Summit

ISM Career Center

In This Issue ...
  • September Manufacturing ISM Report On Business®: PMI at 52.6% — Read more.
  • Inside the Latest eSide Supply Management — Read more.
  • Free Webinar October 15: "ISM: What's In It for Me?" — Read more.
  • ISM Sustainability and Social Responsibility Conference — Read more.
  • Learn Services Procurement Strategies for Today's Tough Economy — Read more.
  • Complete All C.P.M. Exams by December 31, 2009 — 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.


September Manufacturing ISM Report On Business®: PMI at 52.6%

Economic activity in the manufacturing sector expanded in September for the second consecutive month, and the overall economy grew 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, CPSM, C.P.M., chair of the Institute for Supply Management™ Manufacturing Business Survey Committee. "The manufacturing sector grew for the second consecutive month in September. While the rate of growth moderated slightly when compared to August, the recovery broadened as the number of industries reporting growth increased from 11 to 13. Both new orders and production are growing, but at a slower rate when compared to August. It appears the fundamentals for continuing recovery are still at work as inventories and sales are gaining balance. This month, we asked a special question with regard to the American Recovery and Reinvestment Act. Twelve of the 18 manufacturing industries expect to derive some benefit from the program, and 12 manufacturing industries responded that they expect their companies to see some benefit."

To read the entire release, click here.

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Inside the Latest eSide Supply Management

Check out the September/October 2009 edition of eSide Supply Management, ISM's members-only bimonthly e-publication for up-and-coming supply management professionals, to read these articles:

  • Renegotiating With Integrity
    Right now, many of us have contracts and relationships in place that aren't working. If you're going to renegotiate, it's imperative that you maintain your integrity and good reputation in the process.

  • CPSM® Update: Setting (and Raising) the Bar
    A recent eSide Supply Management survey of more than 40 new Certified Professionals in Supply Management® revealed their biggest motivations and payoffs for obtaining the sought-after credential.

  • Making Professional Services Sourcing More Professional
    A recent national research initiative by Glen Rock, New Jersey-based Clemente Communications Group has proven useful not only to professional-services firms on the sell side, but also to supply management professionals on the buy side.

To access past editions of eSide, click here.

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Free Webinar October 15: "ISM: What's In It for Me?"

Date: Thursday, October 15, 2009
Time: 1 p.m. EDT / 10 a.m. PDT
Price: No-Cost
Length: 60 minutes

Discover information, tools, resources and free products and services available to you as a member of the Institute for Supply Management™ (ISM). During this Web seminar, you will learn about membership programs and how they can help your career, as well as many of the important features of the ISM Web site, how and where to access information, and how you can take advantage of ISM's many member benefits.

The Web seminar will cover:

  • An overview of ISM
  • Free or low-cost CEH opportunities
  • ISM-sponsored Web seminars and how you can earn CEH credits
  • How you can progress in your career with the Certified Professional In Supply Management® (CPSM®) credential
  • How ISM's Knowledge Center courses can save you time and money
  • The many ISM events where networking opportunities abound
  • How you can add your voice to ISM's professional Groups & Forums
  • What's inside ISM's Inside Supply Management® magazine
  • The role of CAPS Research
  • An understanding of the Report On Business, ISM's Bid Specification Database, Online Resource Guides and Online Career Center

Featured Speakers:

  • Cindy Urbaytis
    Vice President — Sales, Marketing and PR
    Institute for Supply Management™

    With more than 20 years experience in sales and marketing, Cindy oversees ISM's supplier-supported sales activities, marketing strategy, membership growth, public relations and the sales of custom educational programs and assessment tools.

  • Jan Miller
    Vice President — Affiliate Group and Forum Support
    Institute for Supply Management™

    As the primary liaison between ISM affiliates, Groups and Forums, Jan oversees the organization's member benefits and corporate relations initiatives.

Special Guests:

  • Jack P. Peacock, C.P.M., A.P.P.
    Past President, ISM—Cooperative Utilities, Inc.
    Manager of Supply Chain Services
    Talquin Electric Cooperative


  • Julie B. Wulff, C.P.M.
    Past President, ISM—St. Louis, Inc.
    Associated British Foods
    Regional Category Leader — Americas
    Food Chemicals & Ingredients

Moderator:

  • Mike Shirra
    Senior Associate — Marketing
    Institute for Supply Management™

Attendance of the live session of this Web Seminar qualifies for one CEH credit at ISM. For details, or to register, click here.

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ISM Sustainability and Social Responsibility Conference

When: November 5-6, 2009
Where: Marriott Inn and Conference Center UMUC* (Adelphi, Maryland) — a LEED-Certified facility

  • Get past the hype to the nuts and bolts and the bottom line.
  • Discover best practices in sustainability and social responsibility.
  • Follow the trail as you discover how organizations have taken sustainability and social responsibility from concept to execution.

Whether your organization is in manufacturing or the services sector, it's time to discover the benefits of a socially responsible organization. Find out how social responsibility and sustainability strategies have benefited other organizations. These sessions are presented by the cream of the crop in supply management.

Learn how other organizations have embraced social responsibility and turned it into an effective business practice for everyone. Sustainability is here to stay, and your organization's level of commitment can make or break your bottom line.

Who Should Attend

  • Supply management professionals engaged in developing and supporting corporate social responsibility and sustainability initiatives
  • Supply management professionals might want to invite those outside of supply management to gain buy-in and to build the foundation for organizational success.
  • Corporate sustainability and social responsibility initiatives are holistic strategies that involve the entire organization, from the CEO to administrative support.

ISM™ Definitions

Sustainability — the ability to meet current needs without hindering the ability to meet the needs of future generations in terms of economic, environmental and social challenges.

Social responsibility — a framework of measurable corporate policies and procedures and resulting behavior designed to benefit the workplace and, by extension, the individual, the organization and the community in the following areas: community, diversity and inclusiveness — supply base, diversity and inclusiveness — workforce, environment, ethics, financial responsibility, human rights, health and safety, and sustainability.

Pre-Conference Seminar

Attend this pre-conference seminar and double your strategic takeaways:

What: Finance for the Supply Management Professional
When: November 3-4, 2009

Register for the pre-conference seminar and the SSR Conference and save $200 on the complete package. Attend both programs and pack in as much value and working knowledge as you can in one trip.

Visit the ISM Web site for a complete outline of this valuable seminar, click here.

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Learn Services Procurement Strategies for Today's Tough Economy

What: 10th Annual ISM Services Conference
When: December 3-4, 2009
Where: Pointe Hilton Tapatio Cliffs Resort (Phoenix, Arizona)

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 & Acquisitions

All sessions will take place at the Pointe Hilton Tapatio Cliffs Resort, 11111 N. 7th St., Phoenix, AZ 85020. 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 complete details or to register, click here.

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Complete All C.P.M. Exams by December 31, 2009

Keep yourself on schedule to complete all your C.P.M. Exams — including retakes — before the deadline on December 31, 2009. Make sure to leave time in case you need to retake an Exam Module. Don't risk getting caught in the year-end rush as seating is limited and will fill up.

Test candidates have found that scheduling their C.P.M. Exams helped them maintain a focus on studying to "just get it done" and avoid procrastinating. They have also found that studying with a partner helps maintain focus on the end goal: becoming a C.P.M.

Don't miss this opportunity to earn a globally recognized credential that boosts your competitive edge in today's tough job market. Schedule your C.P.M. Exams now — click here.

For questions about the C.P.M. program, call ISM Customer Service at 800/888-6276, or e-mail certification@ism.ws.

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Web Site of Interest

This month's Web Site of Interest is The FAIR Institute:

The FAIR (Federal Acquisition Innovation & Reform) Institute, a non-partisan and non-profit organization, works with key constituencies to promote a federal acquisition system that continually innovates to meet government policy objectives, exceeds world-class standards of performance, and ensures the prudent use of taxpayer dollars.

FAIR is organized around three guiding principles:

  • Promote fact-based policies that optimize the entire acquisition system and drive optimal value for government while ensuring compliance with regulations.
  • Engage key constituencies to ensure various perspectives are considered when proposing solutions.
  • Focus on long-term sustainable practices that meet or exceed world-class standards of performance.

Visit the Fair Institute's Web site for publications, articles and other resources related to current issues in acquisition reform. Click here.

Please note: These external Internet addresses contain information created, published, maintained or otherwise posted by institutions or organizations independent of ISM. Links from these Web sites, or any other Web site(s) accessible from these Web sites, 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: ECONOMETRIC MODEL.

Definition: A tool used to forecast future developments based on the measurement of past relationships between variables, and the predicting how changes in some variables will affect the future course of others. An econometric model is said to be complete if it contains enough equations to predict values for all of the variables in the model.

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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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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