|In This SPECIAL Issue ...
- ISM Report On Business® Seasonal Adjustments 2011 — Read more.
- Don't Miss Today's Web Seminar: Spend Analysis Redux — Read more.
- Annual Conference Early Bird Registration Ends February 15th — Read more.
- Term of the Day — Read more.
- Contact Us — Read more.
|ISM Report On Business® Seasonal Adjustments 2011
The U.S. Department of Commerce recently completed its annual adjustment to the seasonal factors used in the monthly Institute for Supply Management™ (ISM) Manufacturing Report On Business® and the monthly Institute for Supply Management™ (ISM) Non-Manufacturing Report On Business®. Economists and managers who track these indexes will note these changes are effective with the January 2011 ISM Manufacturing Report On Business®, which is scheduled to be released on February 1, 2011, and the January 2011 ISM Non-Manufacturing Report On Business®, which will be released on February 3, 2011.
To read the entire news release, click here.
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|Don't Miss Today's Web Seminar: Spend Analysis Redux
Date: Thursday, January 27, 2011
Time: 2 p.m. (EST) / 11 a.m. (PST)
The dawn of the new decade presents a revolution in spend management technology — prodigious changes that promise to redefine the scope of spend analysis beyond spend visibility.
In this web seminar, we will:
- Discuss how the utility of spend analysis can be extended beyond providing a comprehensive, companywide view of spend by implementing new technology applications.
- See how spend analysis can provide better market visibility for effective management of commodity price fluctuation and reduce the information disparity between buyer and seller.
- Discuss classification of spend data at source to improve the quality of the data being analyzed, both of which help generate advance savings.
- Take an in-depth look at our presenter's experiences selecting the right suppliers and metrics for measuring the efficiency of a spend analysis program.
Attendees will learn:
- New developments in spend analysis that mitigate price risk by providing actionable information on commodity pricing.
- How this information can also be used to shape sourcing strategy, manage commodity volatility and unlock advanced savings — particularly for indirect spend categories.
- How new technology improves spend visibility through data classification at source, which is an enabler for guided buying.
- Best practices for supplier selection and the right metrics to measure the efficacy of a spend analysis program.
- Michelle Walter, C.P.M., CSCP
- Anurag Dixit
Vice President – Marketing
Attendance of the live session of this web seminar qualifies for one continuing education hour (CEH) credit with ISM.
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|Annual Conference Early Bird Registration Ends February 15th
Hurry! Early bird registration ends February 15, 2011. Register now for the 96th Annual International Supply Management Conference and Educational Exhibit. Join us this year as we travel to Orlando, for four days of supply management professional development, training and networking.
Don't miss this year's:
- Conference Career Center
- Pre-Conference Seminars
- CPSM® and CPSD™ Exams
- Sixth Annual ISM Awards for Excellence in Supply Management
- Keynote Sessions
- Exhibit Hall
- Industry Spotlights
- ISM Bookstore
- Cyber Café
May 15-18, 2011
Gaylord Palms Resort & Convention Center
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|Term of the Day
Today's ISM Term of the Day is: FINANCIAL ACCOUNTING STANDARDS BOARD.
Definition: The rule-making body of the accounting profession.
A different Term of the Day is posted on the ISM Home Page 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.
Access the online Glossary.
If you are not a member but would like membership information, visit the ISM website.
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