Tuesday, March 1, 2011
   


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Orlando 2011 -- ISM's 96th Annual International Supply Management Conference & Educational Exhibit

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<cite>Just in ETime</cite> Newsletter ... Pass it on!

In This Issue ...
  • February Manufacturing ISM Report On Business®: PMI at 61.4% — Read more.
  • Feature Article: Supplying Help to Those in Need — Read more.
  • ISM and ADR North America Announce Training Location in Shanghai, China — Read more.
  • Attention Supply Management Students! ISM Conference Scholarships Available — Read more.
  • Feature Article: 2020 Leadership — Read more.
  • Save on CPSM® and CPSD™ Exams — Read more.
  • Website 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 61.4%

Economic activity in the manufacturing sector expanded in February for the 19th consecutive month, and the overall economy grew for the 21st 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. "February's report from the manufacturing sector indicates continuing strong performance as the PMI registered 61.4 percent, a level last achieved in May 2004. New orders and production, driven by strength in exports in particular, continue to drive the composite index (PMI). New orders are growing significantly faster than inventories, and the Customers' Inventories Index indicates supply chain inventories will require continuing replenishment. The Employment Index is above 60 percent for only the third time in the last decade. While there are many positive indicators, there is also concern as industries related to housing continue to struggle and the Prices Index indicates significant inflation of raw material costs across many commodities."

To read the entire release, click here.

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Feature Article: Supplying Help to Those in Need

It's a cold, snowy night. A family huddles together as firefighters and police work to contain the fire that is engulfing the family home. In the midst of the chaos, a small group of volunteers appears, offering solace in the form of warm blankets and coffee, and shelter in the coming days.

They are volunteers with the American Red Cross — an organization with a unique supply chain and a highly coordinated supply management team to ensure that those blankets and services are available at any time, anywhere in the United States.

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ISM and ADR North America Announce Training Location in Shanghai, China

Institute for Supply Management™ (ISM), in conjunction with ADR, has extended its global reach by opening a training office in Shanghai, China. A new joint venture firm, ADR-ISM Supply Management Consulting (Shanghai) Co., Ltd. specializes in customized in-company training, consulting and Development Needs Analysis (DNA™) learning assessments.

The Shanghai location allows ADR-ISM to better serve multinational organizations with operations in China, as well as Chinese companies. ADR-ISM instructors are located in China, bringing professional and local expertise to their clients.

Organizations interested in assessing and improving their team competency and generating cost and value improvements may contact Marshall Wu, business development director, ADR-ISM Supply Management Consulting (Shanghai) Co., Ltd. via e-mail or phone +86-21-3842-0787. ADR-ISM Supply Management Consulting (Shanghai) Co., Ltd. is located at 50 Boxia Road, Suite, 406, Zhangjiang Hi-Tech Park, Pudong, Shanghai, 201203. Visit ADR-ISM online.

ISM and ADR North America combined resources more than two years ago to create the ISM-ADR School for Supply Management. Formation of the Shanghai training office is the first step in the global expansion of the ISM-ADR School.

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Attention Supply Management Students! ISM Conference Scholarships Available

Are you currently enrolled in a supply management degree program? Ready to engage in your profession and launch your career ... starting now? Institute for Supply Management™ (ISM) is accepting applications through March 6, 2011 for scholarships to attend the 96th Annual International Supply Management Conference and Educational Exhibit. ISM is your connection to supply management professional development, training and networking and its Annual Conference is a perfect opportunity to meet and interact with supply executives in all business areas.

Guidelines are simple. Candidates seeking a Conference Scholarship must be able to attend ISM's 96th Annual Conference May 15-18, 2011 in Orlando. To be eligible, candidates must be a current ISM student member. Click here for information on dues-free membership for full-time students who meet qualifications or visit the ISM website.

To apply for a 2011 ISM Conference scholarship, submit a one-page essay responding to one of the following topics:

  • Why I chose supply management as my major
  • What do I see as the future of supply management?

Format responses in 12-point text and submit to Melanie Larimer by March 6, 2011. ISM Conference scholarship recipients will be notified by Wednesday, March 16, 2011.

Scholarships include free Conference registration and US$1,000 towards travel expenses. The scholarships will be awarded Monday, May 16, 2011 in Orlando at the 4th Annual ISM Student Reception.

ISM is pleased to offer Conference student scholarships thanks to the generous support of Platinum Sponsor Office Depot.

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Feature Article: 2020 Leadership

According to an October 2010 report issued by The Conference Board — Go Where There Be Dragons: Leadership Essentials for 2020 — leadership won't look the same a decade from now.

Gone are the days of the CEO-as-rock star. Future executives must hone a variety of aptitudes and characteristics — trustworthiness, courage, influence, adaptability and connectivity, to name a few. If you want to position yourself for a position of power down the line, the report outlines the skills and character traits you need to hone today to pave the way.

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Save on CPSM® and CPSD™ Exams

Do you plan to attend ISM's Annual Conference this May in Orlando? If so, plan to come in a little early to take advantage of half-price paper-and-pencil CPSD™ and CPSM® Exams (with full conference registration) held on Saturday, May 14, 2011 before the start of the Conference on Sunday. What a great way to save, learn leading supply chain best practices and take the next step in your career.

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Website of Interest

This month's Website of Interest is Logistics Viewpoints:

Logistics Viewpoints is a blog dedicated to providing logistics professionals with clear, concise analyses of logistics trends, technologies and services. It also spotlights emerging trends in outsourcing, regulations and business practices.

Lead contributors Adrian Gonzalez and Steve Banker bring more than 25 years of logistics research experience to their writing and analysis, working closely with leading manufacturers, retailers, logistics service providers and technology companies. Postings address the basic questions logistics professionals are asking: What are the most important trends and news in the industry today? Why are these developments important? What actions should I take in response?

Please note: These external Internet addresses contain information created, published, maintained or otherwise posted by institutions or organizations independent of ISM. Links from these websites, or any other website(s) accessible from these websites, to any product, entity, service or information, do not constitute a recommendation by ISM. ISM is not responsible for the contents of any other website.

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Term of the Day

Today's ISM Term of the Day is: ADVANCED PRODUCT QUALITY PLANNING.

Definition: A process for developing a product quality plan based on understanding customer needs. This plan guides product and process development; documentation of potential product and process failure modes and risk factors; the development of a set of countermeasures or control plans; and validation of product and process. Used in the automotive industry.

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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It's Easy to Subscribe to the Just in ETime Newsletter

To receive Just in ETime:

  • First, log into the ISM website using your username and password.
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  • Once you've created your new account, proceed to the "Manage Newsletters" link, which is also found under the "My Account" tab.
  • Finally, select Just in ETime from the list of available newsletters and click the "Update Subscription" button at the bottom of the page.

If you have any questions or encounter any problems, please contact RaeAnn Slaybaugh.

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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