|In This Issue ...
- January Non-Manufacturing ISM Report On Business®: NMI at 50.5% — Read more.
- Latest JPMorgan Global PMI: Global Report on Manufacturing — Read more.
- February 17 Webinar — Hackett Group 2010 Key Issues Study: Results and Analysis — Read more.
- Discover New Strategies in Hospitality Supply Management — Read more.
- ISM's Solution to Improving Your Talent Management Strategy — The 2010 Conference Career Center — Read more.
- Cisco Exec to Deliver Opening Keynote at ISM 2010 Annual Conference — 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 Non-Manufacturing ISM Report On Business®: NMI at 50.5%
Economic activity in the non-manufacturing sector grew in January, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.
The report was issued today by Anthony Nieves, C.P.M., CFPM, chair of the Institute for Supply Management™ Non-Manufacturing Business Survey Committee; and senior vice president — supply management for Hilton Worldwide. "The NMI (Non-Manufacturing Index) registered 50.5 percent in January, 0.7 percentage point higher than the seasonally adjusted 49.8 percent registered in December, indicating growth in the non-manufacturing sector. The Non-Manufacturing Business Activity Index decreased 1 percentage point to 52.2 percent, reflecting growth for the second consecutive month. The New Orders Index increased 2.7 percentage points to 54.7 percent, and the Employment Index increased 1 percentage point to 44.6 percent. The Prices Index increased 1.6 percentage points to 61.2 percent in January, indicating an increase in prices paid from December. According to the NMI, four non-manufacturing industries reported growth in January. Respondents' comments overall are cautiously optimistic about business conditions."
To read the entire release, click here.
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|Latest JPMorgan Global PMI: Global Report on Manufacturing
Global PMI at Five-And-A-Half Year High in January
At 56.1 in January, up from 54.6 in December, the JPMorgan Global Manufacturing PMI registered its highest reading for five-and-a-half years. The latest improvement in overall operating performance reflected accelerated growth of production and new orders, while a slight gain in staffing levels was signaled for the first time since March 2008.
N.B. Please note that the historical data from the global PMI indexes have been revised to reflect the annual assessment of seasonal factors by the US ISM and to incorporate latest weights data.
Manufacturing production increased for the eighth successive month in January, with the rate of expansion hitting a 69-month high. The improvement in the performance of the US manufacturing sector was most noticeable. The ISM output index rose by 6.5 points since December to reach its highest level since April 2004. Rates of expansion reached 69-, 16-, 26- and 25-month highs in China, India, Taiwan and South Korea respectively.
For the complete JPMorgan release, 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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|Discover New Strategies in Hospitality Supply Management
Hospitality Supply Management, an Institute for Supply Management™ (ISM) Forum, presents the 2010 Hospitality Supply Management Conference, May 19-21, 2010 in Downtown Chicago. The program features a wide variety of session topics specifically geared toward the supply management professional in the hospitality industry. Come prepared to learn about:
- Taking Responsibility for Food Safety in the Produce Industry
- Detecting and Preventing Supply Disruptions to Your Business
- Lean Supply Management: How to Do More With Less
- Using Collaborative Technology to Combat Costs
- Best Practices for Purchasing Energy in Deregulated Energy Markets
- Economic Outlook
"We invite supply management professionals in all segments of the hospitality sector to attend," says HSM Forum Chair Don Miller, C.P.M., CFPM. "Year after year, this event delivers relevant, updated content as well as networking opportunities that give our attendees unmatched opportunities to exchange best practices and explore new ideas."
Registration fee is $595 (USD) for ISM members and $795 (USD) for nonmembers registering before April 19, 2010. After April 19, 2010, add $200 (USD) to the registration fee. Student Member fee is $250 (USD). Team discounts and guest/spouse packages are available. To register by phone, contact ISM Customer Service at 800/888-6276, or 480/752-6276, option 8. Agenda and registration are available online.
The 2010 Hospitality Supply Management Conference takes place at the Hilton Chicago, 720 S. Michigan Ave., Chicago IL 60605. ISM would like to acknowledge the NRA (National Restaurant Association) for partnering on attendee accommodations for the ISM Hospitality Supply Management Conference. Please visit the NRA Web site for information on hotel rooms. Hotel rates have been reduced from last year, so attendees are encouraged to book early to secure the best rate. Travel discounts with major airlines are also available at the NRA Web site.
ISM Forums are comprised of members who are employed in a specific sector and come together for the sole purpose of exchanging information and ideas about supply management in that specific sector. Hospitality Supply Management Forum membership is limited to supply management professionals, including foodservice purchasing managers in the hospitality sector.
Visit HSM Forum online.
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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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|Cisco Exec to Deliver Opening Keynote at ISM 2010 Annual Conference
Institute for Supply Management™ (ISM) announces supply chain performance leader Angel L. Mendez, senior vice president, customer value chain management for Cisco, will deliver the opening general session address at ISM's 95th Annual International Supply Management Conference and Educational Exhibit in San Diego, April 25-28, 2010 at the San Diego Convention Center.
Mendez will share wisdom gained from more than 24 years of experience in manufacturing and supply chain management assignments, on Sunday, April 25. He currently leads a global organization responsible for accelerating innovation and value for Cisco customers. His business background includes extensive international business experience in Canada, Europe, Latin America and Asia. Mendez was named by Business 2.0 Magazine to the "Business 2.0 Dream Team — All Star Executives any Company Would Kill For." In 2005, Hispanic Business Magazine placed him on its list of the "20 Most Influential Hispanic Executives in Corporate America."
Premiere Supply Management Event
For 94 years, ISM has consistently delivered practical essentials for a strong supply management career. ISM's 95th conference year is no exception, and includes a schedule with learning tracks that focus on risk management, best practices in supply management, logistics, leadership management and talent, and services procurement.
ISM's annual Conference attracts supply management professionals from multiple countries and industries. The four-day event offers numerous opportunities to:
- Gain practical applications
- Identify best practices you can use
- Find colleagues with similar challenges
- Dive into your job with renewed energy
- Connect with colleagues
Information about conference registration and hotel accommodations is available online.
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|Term of the Day
Today's ISM Term of the Day is: BONDED WAREHOUSE.
Definition: A type of warehouse approved by the U.S. Treasury Department where goods are stored until duties are paid or goods are otherwise properly released. Such warehouses are used for the storage and custody of imported or taxed merchandise which is subject to duty, or for goods to be reshipped without entry.
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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