Wednesday, October 21, 2009
   


Clemente Communications Group, LLC

Ross School of Business: Global Operations Conference

J. Shipman Award

ISM's 95th Annual International Supply Management Conference

In This Issue ...
  • This Month in Inside Supply Management® Magazine — Read more.
  • ISM Applauds, Celebrates Nobel Honoree — Read more.
  • 10th Annual ISM Services Conference — Services Procurement Strategies in Today's Tough Economy — Read more.
  • Complete All C.P.M. Exams by December 31, 2009 — Read more.
  • ISM Sustainability and Social Responsibility Conference — Read more.
  • Calendar of Events for November — 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 October 2009 issue is full of useful information, including the following articles:

  • Wal-Mart's Sustainability Index
    Will Wal-Mart actually revolutionize the way products are labeled in the future? Two experts discuss how the new index will come together and what pitfalls the retail giant will need to avoid.

  • Managing Commodity Volatility
    Seven holistic strategies can go a long way toward reducing earnings unpredictability.

  • Social Media in the Supply Chain
    Today's online world provides supply management professionals with several tools to network with peers and access information far beyond traditional means.

  • Calculating TCO for Intangibles
    Total cost of ownership can be determined for a wide variety of corporate initiatives, but when it comes to sustainability — and, especially, social responsibility — hard numbers aren't always clear.

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

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ISM Applauds, Celebrates Nobel Honoree

A Nobel Memorial Prize in Economic Sciences has been awarded to an advisory board member of the Journal of Supply Chain Management (JSCM), the Institute for Supply Management™'s (ISM) quarterly publication for supply chain management scholars and researchers.

Oliver E. Williamson, Ph.D., is the first Journal advisory board member to win a Nobel Prize. Williamson is Edgar F. Kaiser Professor Emeritus of Business, Economics and Law at the University of California, Berkeley. He shares the prize with Indiana University Professor Elinor Ostrom, Ph.D.

The Journal of Supply Chain Management is in its 45th year of publication. According to Co-Editor-in-Chief Craig R. Carter, Ph.D., ISM repositioned JSCM almost three years ago to be the journal of choice among supply chain management scholars. "As part of that repositioning effort, the editors created world-class advisory, associate editor and review boards," Carter says. "The awarding of the Nobel Prize in Economics to Oliver Williamson is a very tangible indicator of the thought-leaders who comprise these boards."

Adds Carter, "The fact that Oliver Williamson has been awarded the highest honor in the field will also help to extend the impact of JSCM internationally, since his transaction cost economics theory is used by scholars worldwide."

In addition to his advisory role, Williamson has been a featured contributor to JSCM.

ISM has published the Journal of Supply Chain Management (the former International Journal of Purchasing and Materials Management and Journal of Purchasing) since 1965. Journal of Supply Chain Management is published by Wiley-Blackwell Publishing on behalf of ISM.

To read Williamson's invited JSCM article, "Outsourcing: Transaction Cost Economics and Supply Chain Management," click here.

For complete article indexes, subscription information, publication criteria and submission requirements, visit the JSCM Web site.

Follow JSCM on Twitter: click here.

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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, or to register, click here.

Or, call ISM Customer Service at 800/888-6276, option 8.

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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.

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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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 more information.

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Calendar of Events for November

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Term of the Day

Today's ISM Term of the Day is: CHOICE OF FORUM.

Definition: Determination that may be made by agreement of contracting parties of the court before which any dispute arising out of the contract will be litigated; the clause may name a specific state court in a particular location (county and/or city) or any court in a particular state that has jurisdiction.

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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