|In This Issue ...
- This Month in Inside Supply Management® Magazine — Read more.
- No-Cost Webinar January 21: "Building Competitive Advantage" — Read more.
- Fueling the Recovery: Latinos Mejorando la Cadena de Suministro" — Read more.
- 20th Annual NARTS on Purchasing and Supply Chain Management Scheduled for March 2010 — Read more.
- The ISM and NBTA Summit on Travel, Meetings & Supply Management — Read more.
- On-site CPSM® Exam Review and Testing — Read more.
- Calendar of Events for February — 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 January 2010 issue is full of useful information, including the following articles:
- Soaring To New Collaborative Heights
Two years ago, Grace Puma arrived at United Airlines with a major objective: She was responsible for transforming the sourcing organization into a strategic function. How did she organize this transformation and continue to see savings results, even during the ongoing economic pinch of the past few years? The answer: alignment with strategic suppliers through collaborative development of the relationship.
- Shades of the New Normal
Two years ago, many organizations were ill-prepared for the tsunami of financial, economic and geopolitical downswings that ultimately culminated in a global recession. To cope with these shifts, organizations developed alternative sourcing strategies (reining in suppliers closer to home), adjusted supplier contracts (seeking earlier payments) and altered employment strategies (doing more with much less). As the United States and the world emerge from the recession, will the reactionary strategies of the previous two years become permanent operating procedure — the "new normal"?
- Executive Access to the Chair: Executive Sponsorship
Promoting executive sponsorship for your procurement activities helps drive success in a number of ways. This is particularly true when you are sourcing certain categories or commodities, especially indirect. In a recession (and even when there is no recession), enlisting executive sponsorship is a strong opportunity to gain real commitment and alignment from the organization to support indirect sourcing. Indirect categories — travel, cafeteria and facility services, among others — tend to be more near and dear than most to the executives whose support is being sought.
- Know Your Water Footprint
This year, supply management executives in some industries will be facing regulatory measures regarding greenhouse-gas reduction, and many more will make a wide variety of sustainability initiatives a central concern well ahead of government mandates. While carbon and energy saving issues are top-of-mind, it's clear that the same attention is not always being given to water sustainability.
To access the complete January 2010 issue of Inside Supply Management® magazine, click here.
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|No-Cost Webinar January 21: "Building Competitive Advantage"
What: "Building Competitive Advantage: How DHL Leverages Technology to Unleash Supplier Innovation and Drive Value Across the Enterprise"
Date: January 21, 2010
Time: 1 p.m. EST/10 a.m. PST
Length: 60 minutes
With the global economy emerging from a deep recession, procurement professionals grapple with higher performance expectations more than ever. Supplier collaboration is increasingly more important to help organizations regain the profitability they enjoyed just a few years ago.
Leading procurement organizations have the right processes and technologies in place to regain their competitive advantage. They have raised the profile of procurement within their enterprises to better manage total costs and negotiate optimal contracts. They are also masters at engaging suppliers in relationships that drive profitability.
If your organization is not quite there, now is the time to take action. Join us for a live, interactive panel discussion where you'll learn:
- Practical supplier partnering approaches that encourage innovation
- How technology can give you a competitive advantage, both internally and externally
- Strategies to strengthen your supplier relationships to increase profitability
- Techniques to source high profile services that can reduce costs
- Wayne Evans
Sr. Vice President, Procurement
- Sven Blawatt
- Sean Correll
Global Director, Consulting Services
- Donavon Favre
Professor, Supply Chain Management
North Carolina State University
Attendance of the live session of this Web Seminar qualifies for one CEH credit at ISM.
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|Fueling the Recovery: Latinos Mejorando la Cadena de Suministro
Register now to attend the Third Annual Hispanic Supply Management Summit (HSMS), February 3-4, 2010 at the Omni San Diego Hotel in San Diego. Presented by Institute for Supply Management™ (ISM), the program, titled "Alimentando la Recuperación Económica" ("Fueling the Recovery") | "Latinos Mejorando la Cadena de Suministro" ("Latinos Improving the Supply Chain"), will offer information to help attendees spearhead change and success within their supply organizations in spite of economic challenges.
Hispanic Supply Management Summit sessions include:
- "Economic Update"
- "Develop and Grow the Latino Workforce in Supply Management"
- "Fuel the Recovery, Fuel the Change: Effective Leadership Makes It Happen"
- "Assessing and Mitigating the Supply Risks"
- "Enabling Agility"
- "Doing Business in Latin America"
ISM is co-locating the 3rd Annual Hispanic Supply Management Summit, the 7th Annual Black Executive Supply Management Summit, and the 2nd Annual Women Executive Supply Management Summit. Each Summit has its own set of workshops but general sessions are held together. This provides the added benefit of networking time with colleagues attending the other Summits. All three Summits focus on being prepared for the economic recovery — on a personal and company level.
Student teams will present cases on the afternoon of February 2, 2010. In addition to showcasing the next generation of supply management talent, student team members will also hear from practitioners on how to establish themselves in the supply management profession.
For details on HSMS registration and hotel accommodations, click here.
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|20th Annual NARTS on Purchasing and Supply Chain Management Scheduled for March 2010
When: March 11-12, 2010
Where: Embassy Suites Phoenix-Tempe in Tempe, Arizona
Sponsors: Institute for Supply Management™ (ISM), Educational Resources Committee, CAPS Research, and the Purchasing Management Association of Canada (PMAC)
20th Annual North American Research and Teaching Symposium (NARTS) on Purchasing and Supply Chain Management features an inventive mix of presenters, from business and academia, creating opportunities to explore the application of theoretical research to create business solutions. Symposium highlights include the presentation of research papers which focus on current and ongoing research, emerging trends, research methodologies and business research needs.
Selected through a rigorous review process which looks at both an organizational and academic view, this year's event covers the best new ideas and best practices in:
- Strategic sourcing
- Global issues
- Journal editors panel
- Educational programs and models
- Human resources
- Social responsibility
- Supply chain/management
- Supply chain models
- Supplier issues.
This program offers a unique opportunity to network with your colleagues within an atmosphere of constructive discussion and insightful exchange. You will also earn 12.5 Continuing Education Hours (CEHs) for your attendance.
For more information, call ISM Customer Service at 800/888-6276 or 480/752-6276, option 8, or click here for conference and registration information.
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|The ISM and NBTA Summit on Travel, Meetings & Supply Management
When: January 27-28, 2010
Where: Tampa, Florida
Whether you're challenged to increase services without an increase in your budget or your budget was cut, you need to maximize your 2010 travel and meeting spend. Gain expert insights from both procurement and travel management professionals.
The Summit is a dialogue between high-level travel and procurement professionals. It's a unique forum for travel and meetings managers and those in procurement with supervisory oversight of travel and meetings to collaborate and share insights.
Explore how to maximize your 2010 travel and meetings spend at this high-level, two-day summit. Highlighted sessions include:
- The View from the Top
- The Sacred Cows Go Home
- Economic Outlook
- The Future of Work
- The Art of the Deal
- The Metrics of Value
- The Right Model
For conference information, to view the agenda or to register, click here.
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|On-site CPSM® Exam Review and Testing
Get a group of your members certified for the CPSM® at your affiliate's location (minimum number required). On-site exam review and testing gives you control of the schedule while you reduce test anxiety and increase networking opportunities among your members.
You choose if you want to offer your members on-site exam review, on-site testing or both. Both computer-based testing and paper-and-pencil testing is available — you decide the best option.
Schedule your on-site exam review or testing now with Kathy Braase or Trish True by calling 800/888-6276 or +1 480/752-6276, extension 3061 or 3086.
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|Calendar of Events for February
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|Term of the Day
Today's ISM Term of the Day is: NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS.
Definition: A not-for-profit organization serving the electrical distribution channel.
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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