|In This Issue ...
- January Manufacturing ISM Report On Business®: PMI at 58.4% — Read more.
- Inside the Latest eSide Supply Management — Read more.
- February 17 Webinar — Hackett Group 2010 Key Issues Study: Results and Analysis — Read more.
- 20th Annual NARTS on Purchasing and Supply Chain Management Scheduled for March 2010 — Read more.
- ISM's Solution to Improving Your Talent Management Strategy — The 2010 Conference Career Center — Read more.
- ISM Knowledge Center Specials — 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.
|January Manufacturing ISM Report On Business®: PMI at 58.4%
Economic activity in the manufacturing sector expanded in January for the sixth consecutive month, and the overall economy grew for the ninth 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 sixth consecutive month in January as the PMI rose to 58.4 percent, its highest reading since August 2004 when it registered 58.5 percent. This month's report provides significant assurance that the manufacturing sector is in recovery. Both the New Orders and Production Indexes are above 60 percent, indicating strong current and future performance for manufacturing. This month, 13 of 18 industries reported growth, up from nine industries last month, and this is a good indication that the impact of the recovery is expanding."
To read the entire release, click here.
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|Inside the Latest eSide Supply Management
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, to read these articles:
- Assess Negotiation Outcomes Using the Subjective Value Inventory Win/Win Negotiation Strategies
For supply management professionals, the key to reaching a true win/win outcome is to understand what each party wants from the negotiation and have a supporting process in place to achieve those goals without sacrificing total-cost objectives. Doing this requires a methodology for gathering the necessary information, as well as a corresponding framework for analyzing the results and making decisions.
- CPSM® Update: 3 Questions, 3 Answers
New in 2010, eSide will offer three sample questions — and answers — from the CPSM® Diagnostic Kit to help you prepare to pursue your CPSM® certification. First, answer all three questions; then, scroll down to the "3 Answers" section to find out how you fared.
- Global Champions 2009
A new study spotlights 25 companies that have outperformed their competition by far — despite a very difficult economic climate.
To access past editions of eSide, click here.
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|February 17 Webinar — Hackett Group 2010 Key Issues Study: Results and Analysis
Date: Wednesday, February 17, 2010
Time: 2 p.m. EST / 11 a.m. PST
Length: 60 minutes
Hosts: ISM and Ariba (sponsor)
What are the key issues facing procurement organizations in 2010? What are the top concerns for your CPO and CFO? And how best can organizations address these issues and concerns in today's environment?
This interactive Webinar will feature the results of Hackett Group's recent 2010 Key Issues study. Topics that will be discussed include enterprise plans for budgets/staffing; plans for globalizing processes (including procurement processes); and procurement and finance realignment. The discussion will also highlight how to successfully create and measure realized savings in broader value streams, such as supplier collaboration, risk and innovation.
Attendees will learn:
- How your procurement plans compare to those of your peers.
- Hackett Group's advice on measuring procurement value.
- How you can do more with less — agility being key — in this new state of normal.
- Christopher S. Sawchuk
Procurement Practice Leader
- Hari Candadai
Ariba Solutions Marketing
Attendance of the live session of this live Web Seminar qualifies for one CEH credit at ISM.
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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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|ISM's Solution to Improving Your Talent Management Strategy — The 2010 Conference Career Center
Take part in this year's Conference Career Center during the 95th Annual International Supply Management Conference and Educational Exhibit, April 25-28, 2010 in San Diego.
Employers: How Does It Work?
ISM offers all Conference participants the opportunity to submit their résumés for consideration. Participating employers will have the opportunity to review submitted résumés and meet with top candidates during the Conference.
The ISM Conference hosts more than 2,000 supply management professionals each year. Global attendees are from both the manufacturing and non-manufacturing sectors:
- 90 percent of attendees have three or more years of experience in the supply profession.
- 25 percent of attendees have at least one professional credential.
- 50 percent of attendees have a bachelor's degree and/or some graduate school experience.
- 29 percent of ISM members have a graduate degree.
What You Receive as a Participating Employer
- Review résumés in a special online database designated for the event prior to and after the Conference.
- List job postings, company profile and link to your organization's Web site on the Conference Career Center portion of the Web site.
- Prescreen your candidates by phone and schedule onsite interviews at the Conference.
- Interview walk-in attendees.
- Your own private interviewing room.
- Lunch daily for up to two recruiters.
- 10'x10' interviewing space, draped table and two chairs.
- Access to the Conference Career Center Cyber Café.
- Company profile and logo in the Conference Guide and Navigator if the commitment is made by March 1, 2010.
Employer Participation Fee
The employer participation fee for the 2010 Conference Career Center is $2,150. To participate in the 2010 Conference Career Center, please contact Toni Caserta, Manager — Professional Development Services, at 480-752-6276, extension 3095 or via e-mail.
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|ISM Knowledge Center Specials
ISM Knowledge Center Specials save you up to 50 percent on online professional development courses. With no time away from work and no travel costs, you can show your employer that you're serious about your career.
Available to both members and nonmembers, ISM Knowledge Center Specials run only for a limited time. When you see the "KC Special" Icon, follow the link and register right away.
To see all current specials, click here.
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|Web Site of Interest
This month's Web Site of Interest is National Contract Management Association (NCMA):
Formed in 1959, NCMA is a membership-based, professional society whose leadership is composed of volunteer elected officers. The association fosters the professional growth and educational advancement of its members in the contract management profession. Its online home offers links to upcoming conferences, seminars and Webinars; job postings; the organization's advocacy efforts; and industry news.
To access NCMA, 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: HUNDREDWEIGHT.
Definition: One hundred pounds; a common unit of weight used in transportation.
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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