|In This Issue ...
- February Manufacturing ISM Report On Business®: PMI at 56.5% — Read more.
- Inside the Latest eSide Supply Management — Read more.
- March 10 Webinar: "Enabling Next-Generation ePurchasing" — 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.
|February Manufacturing ISM Report On Business®: PMI at 56.5%
Economic activity in the manufacturing sector expanded in February for the seventh consecutive month, and the overall economy grew for the 10th 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 seventh consecutive month during February. While new orders and production were not as strong as they were in January, they still show significant month-over-month growth. Additionally, the Employment Index is very encouraging, as it is up 2.8 percentage points for the month to 56.1 percent. This is the third consecutive month of growth in the Employment Index. With these levels of activity, manufacturers are seemingly willing to hire where they have orders to support higher employment."
To read the entire release, click here.
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|Inside the Latest eSide Supply Management
Check out the January/February 2010 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 Practice Exam 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.
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|March 10 Webinar: "Enabling Next-Generation ePurchasing"
What: Webinar — "Enabling Next -Generation ePurchasing With Automated Spend Analysis, Part 1"
Date: Wednesday, March 10, 2010
Time: 2 p.m. EST / 11 a.m. PST
Length: 60 minutes
- Patrick Connaughton
- Bikash Mohanty
Senior Manager — Product Marketing
Maverick spend burning a hole in your budget?
Standalone contract management solutions enable you to get a grip of your spend. However, to gain maximum rewards from your efforts, it is essential to link and track your negotiated contracts — as well as new contracts — with your existing spend analysis solution. In fact, it could well be the last piece of the jigsaw puzzle that spend management sometimes can be.
A spend analysis solution needs to be the bedrock on which strong sourcing and purchasing systems are built. The integration and exchange of actionable data between disparate systems can be one of the main challenges facing many procurement teams across leading organizations.
Attendance of the live session of this 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 log on to the ISM Web site 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 The Accidental Negotiator:
This blog by Dr. Jim Anderson — who has spent more than 20 years negotiating everything from small sales with individual owners of companies to large-scale military project contracts — is devoted to teaching negotiation and persuasion skills effectively.
To access The Accidental Negotiator, 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: RECORDS.
Definition: Means of information storage. Their purposes are to provide: (1) actionable information to enable better decisions; (2) a knowledge base for sharing and transferring information; and (3) complete documentation for legal and audit purposes. Purchasing is responsible for maintaining records for bills of sale, titles, warranties and other purchase-related documents.
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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