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In This Issue ...
  • April Non-Manufacturing ISM Report On Business®: NMI at 55.4% — Read more.
  • Latest JPMorgan Global PMI: Global Report on Manufacturing — Read more.
  • Highest Honor in Supply Management Presented to Hilton Worldwide Exec — Read more.
  • An ISM Web Seminar: Strategic Meetings Management — Approaches for Success — Read more.
  • ISM's Materials Management Group Receives Excellence Award — Read more.
  • Discover New Strategies in Hospitality Supply Management — Read more.
  • ISM and CIPS Cement Reciprocal Agreement — Read more.
  • First Cohort Graduates, Celebrates ISM Approved Master's — Read more.
  • Term of the Day — Read more.
  • Contact Us — Read more.


April Non-Manufacturing ISM Report On Business®: NMI at 55.4%

Economic activity in the non-manufacturing sector grew in April for the fourth consecutive month, 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 55.4 percent in April, the same percentage as registered in March, and indicating growth in the non-manufacturing sector. The Non-Manufacturing Business Activity Index increased 0.3 percentage point to 60.3 percent, reflecting growth for the fifth consecutive month. The New Orders Index decreased 4.1 percentage points to 58.2 percent, and the Employment Index decreased 0.3 percentage point to 49.5 percent. The Prices Index increased 1.8 percentage points to 64.7 percent in April, indicating an increase in prices paid from March. According to the NMI, 14 non-manufacturing industries reported growth in April. Respondents' comments are mostly positive about current business conditions; however, they vary by industry and company."

To read the entire release, click here.

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Latest JPMorgan Global PMI: Global Report on Manufacturing

Growth of Global Manufacturing Neared Series Record High in April

The global manufacturing sector made a robust start to Q2 2010. At 57.8 in April, the JPMorgan Global Manufacturing PMI rose to its joint second-highest level in the series history — bettered only by that registered in May 2004. The PMI has signaled expansion in each of the past ten months.

April saw manufacturing production rise at the fastest pace since January 2004 and at the third-sharpest pace in the survey history. Among the major nations covered by the survey, growth of output hit a 75-month high in the US, was the fastest in almost ten years in the Eurozone (led by a survey record rate of increase in Germany) and the sharpest since February in Japan. The rate of expansion in China also remained elevated.

For the complete JPMorgan release, click here.

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Highest Honor in Supply Management Presented to Hilton Worldwide Exec

On April 27, 2010, Anthony S. Nieves, C.P.M., A.P.P., CFPM, accepted his profession's highest honor at the Institute for Supply Management™'s (ISM) 95th Annual International Supply Management Conference and Educational Exhibit. Nieves accepted the J. Shipman Gold Medal Award in San Diego, in recognition of modest, unselfish, sincere and persistent efforts for the advancement of supply management.

In his acceptance speech, Nieves expressed his gratitude. "I am truly honored in receiving this award," he says. "I am able to receive this award because of the efforts and support by my family, my team members at Hilton Worldwide, the ISM staff and the many colleagues throughout the profession."

Nieves is senior vice president — supply management for Hilton Worldwide. Like Johnson Shipman, for whom the award is named, Nieves' "modest, unselfish, sincere and persistent efforts for the advancement of purchasing and supply management" are recognized and admired by ISM members and volunteers, colleagues at Hilton Worldwide and the larger business community.

Over his 26-year career in hotels/hospitality, Nieves has held increasingly responsible positions with Hilton Worldwide. Upon assuming his present position with Hilton in 1998, Nieves integrated the various supply management activities of the company into a consolidated discipline providing end-to-end supply management solutions. With the acquisition of Promus Hotel Corp. in 1999, Nieves successfully merged the two companies' supply management departments, renamed and repositioned the division to reflect more accurately the responsibilities and deliverables of the discipline and restructured its business model to achieve more savings for the hotels and add more value to the company.

Nieves has held numerous volunteer leadership positions with several of ISM's affiliates, groups and forums. He is a founding committee member of ISM's Services Group and a founding/longtime member of ISM's Hospitality Supply Management Forum. Nieves served on the ISM Board of Directors for six years, including a two-year term as Board Chair from 2003 to 2005. Since June 2006, Nieves has served as chair of ISM's Non-Manufacturing Business Survey. In that role, he is responsible for providing the analysis of the ISM Non-Manufacturing Report On Business®, a leading indicator of the economy issued on the third business day of every month.

The J. Shipman Gold Medal Award was created by the Purchasing Management Association of New York in 1931 to honor Johnson Shipman, a pioneer in the profession.

For a complete list of J. Shipman Gold Medal Award winners, click here.

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An ISM Web Seminar: Strategic Meetings Management — Approaches for Success

Join us for an interactive conversation with two experts in the field — Lynn Ridzon, Director, Global Strategic Sourcing, Travel, Meetings & Events for Amgen and Dick Zeller, Vice President, Strategic Meetings Management for Maxvantage — as they share their experiences and best practices to gain control over the meetings and events category.

You Will Learn:

  • The key elements and goals of strategic meetings management programs and why they are important
  • Best practices for program implementation and adoption
  • Benefits of managing this spend category including reduced risk, cost reduction and more

For more information on this Web seminar, or to register, click here.

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ISM's Materials Management Group Receives Excellence Award

On April 26, 2010, Institute for Supply Management™ (ISM) honored its Materials Management Group as 2009 Group or Forum of the Year. ISM officially recognized Group and Forum excellence at a Volunteer Appreciation Breakfast during its 95th Annual International Supply Management Conference and Educational Exhibit in San Diego.

Materials Management Group Chair Karl Harward, MBA, says the honor represents a culmination of efforts of the group's past and present board members. "We have had amazing success with our seminars, workshops and conferences in the face of financial difficulties and market downturn," he says. "It's inspiring to participate as a leader and a member of such a hard-working group."

According to Harward, some of the goals and objectives of the Materials Management Group are to promote professional development, best practices and networking opportunities by providing educational opportunities in all areas of supply management, including various topics on: purchasing, production planning, inventory management, warehousing, traffic and transportation. "Our board has many educated and interesting speakers, who attract many attendees and, as a result, our seminars have been a great success," Harward says. "We are always interested in opportunities to co-sponsor engaging speakers and events with other local ISM affiliates, groups and forums."

ISM Groups and Forums Excellence Awards recognize those Groups and Forums that demonstrate excellence in their professional operations, educational offerings, recruitment, training and retention efforts, while at the same time communicating the value and prestige of ISM and the supply management profession. Two Groups or Forums met the level of excellence for 2009. They are:

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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 and CIPS Cement Reciprocal Agreement

The world's two largest and leading purchasing and supply management organizations are joining forces to offer professional credentials in North America and the United Kingdom. A new agreement between Institute for Supply Management™ (ISM) and The Chartered Institute of Purchasing & Supply (CIPS) sets forth reciprocity between the two organizations allowing professionals to apply for the respective professional credentials.

Both ISM and CIPS are individual membership organizations which between them have more than 150,000 members and individuals holding their professional credentials. The new agreement will allow CIPS members in the U.K. holding the MCIPS designation to apply for and receive the CPSM® credential from ISM. Similar reciprocal conditions are also in place that provide pathways for professionals in North America holding the CPSM® credential to apply for and receive the MCIPS designation from CIPS.

"Reciprocity around professional credentials creates immediate benefits to both our organizations' members," says ISM CEO Paul Novak, CPSM, C.P.M. "Professionals working toward a professional designation have increased opportunities and greater access to two world-renowned credentials."

David Noble, CEO, CIPS said: "This is a major step forward for the procurement profession as we continue to see an increasing demand from global organizations for procurement professionals highly qualified to a common standard across their operations. This agreement will allow members of both CIPS and ISM to have transportable professional recognition in the U.K. and North America, and will serve to further enhance the profession's standing and credibility as a truly international discipline."

This initiative will provide a platform for future development of a universally recognized international standard in purchasing and supply management, supporting the continued promotion of global recognition for the profession.

Both CPSM® and MCIPS enjoy high regard among professionals in the public and private sectors across the globe. Both institutes are leading members of the International Federation of Purchasing and Supply Management (IFPSM), a union of 43 national and regional purchasing associations worldwide.

For more information on CPSM® and MCIPS reciprocity, click here.

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First Cohort Graduates, Celebrates ISM Approved Master's

Eleven supply management professionals are the first to complete the ISM Approved Master of Science in Supply Chain Management (MS-SCM), granted by the University of San Diego (USD) School of Business Administration. Graduating students delivered project presentations, showing significant cost savings and process improvements, on March 18-19, 2010, followed by a graduation ceremony on March 20, 2010, held at USD's Douglas F. Manchester Executive Conference Center. Graduates come from the following companies: Biogen Idec; The Boeing Company; Milestone IT Solutions, Inc.; ModusLink Global Solutions, Inc.; Northrop Grumman Corporation; Salt River Project; United Launch Alliance, LLC.; and WD-40 Company.

The ISM Approved MS-SCM program combines state-of-the-art online learning with face-to-face instruction over 26 months. Students spend 11 days each year on the USD campus working intensively with faculty and their co-learners. The March 2010 graduates embarked on their studies in February 2008, as part of a larger cohort that began a two-phase program.

"These graduates are in a class by themselves, as the first students in the first graduate-level program to receive ISM approval," says ISM CEO Paul Novak, CPSM, C.P.M., A.P.P. "The interdisciplinary nature of the specialized master's degree rewards professionals for their commitment to lifelong learning and allows them to forge strong professional networks — both of which are major components to career success and advancement."

MS-SCM Program Director and Professor Simon Croom, Ph.D., underlies the value of the program to companies. "Throughout the program, our graduates develop the capabilities that help their firms to reduce costs, bring products to market more quickly and develop new systems to compete successfully in today's global economy," Croom says.

Students have the option to complete Phase I of the program, achieving a Graduate Certificate in Supply Chain Management. Most students chose to matriculate into Phase II to complete the ISM Approved MS-SCM. The 17th cohort of the ISM Approved program began on USD's campus earlier this month. The next group will begin September 15, 2010.

The ISM Approved MS-SCM is the only U.S. degree that is accredited by the Chartered Institute for Purchasing and Supply (CIPS).

Enrollment requirements for the MS-SCM can be found on the University of San Diego School of Business Administration Web site.

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Term of the Day

Today's ISM Term of the Day is: SOLVENCY.

Definition: The ability to pay all debts and meet all financial obligations.

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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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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