| In This Issue ... |
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- This Month in Inside Supply Management® Magazine — Read more.
- Feature Article: The Rich Flavor of Diversity — Read more.
- No-Cost Web Seminar: Learn How to Effectively Leverage Business Intelligence Tools to Evaluate Supply Chain Risk — Read more.
- ISM Announces Finalists in Awards for Excellence in Supply Management — Read more.
- Save on CPSM® and CPSD™ Exams — Read more.
- Calendar of Events for April — 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.
| This Month in Inside Supply Management® Magazine |
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Have you checked out the latest issue of Inside Supply Management® magazine? The March 2011 issue is full of useful information, including the following articles:
- Closed and Open Doors of Innovation
Innovation occurs in two environments — closed and open. As product and service needs evolve, organizations must examine both closed and open innovation models to solve their business challenges. While a majority of organizations relied on a closed model a decade ago, today's customer-centered supply chains are driving open innovation strategies.
- Taking Care of Your Top Talent
Talent management is extremely challenging when budgets are tight. Even so, best-in-class supply management organizations regard adverse economic cycles as opportunities for leadership to build up their staff's capabilities with minimal or no budget for development.
- Manufacturing and Non-Manufacturing ISM Report On Business®
Highlights of the Monthly Report On Business® Releases — February 2011 Data
Access the complete March 2011 issue of Inside Supply Management® online.
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Kellogg Company supports diverse suppliers to provide better opportunities for companies owned by minorities and women and, simultaneously, help to strengthen the communities where we live and work.
Our history of supplier diversity dates back to the early 1980s, when we began a partnership with minority-owned Mays Chemical Company. Today, our supplier diversity program includes suppliers from more than 400 U.S. companies owned by minorities, women and disabled veterans.
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| No-Cost Web Seminar: Learn How to Effectively Leverage Business Intelligence Tools to Evaluate Supply Chain Risk |
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Date: Wednesday, March 30, 2011
Time: 2 p.m. (EST) / 11 a.m. (PST)
Price: No cost
Length: 60 minutes
Host: ISM
Format: Streaming only
Sponsor: LexisNexis
As a procurement professional, your job is more than sourcing suppliers. You're tasked with ensuring supply continuity — even evaluating the networks behind the supplier — to mitigate hidden risks. A business or individual that was squeaky clean when first vetted needs to be continuously monitored to reveal any adverse changes that can occur over time and create negative ramifications for your company.
You will learn how to:
- Research and vet potential suppliers to ensure you are not taking on financial, business, legal or reputation risk;
- Stay up-to-date on key developments in the news with respect to your suppliers
- Recertify supply risk profiles on a periodic basis.
Attendees will also gain from real-life Reed Elsevier case studies — and their results — that demonstrate how best practices were implemented.
Featured Speaker:
Scott Meiser
Director of New Procurement Programs
Reed Elsevier Global Procurement
Attendance of the live session of this web seminar (50 mins.) qualifies for one CEH credit at ISM. Register on the ISM website.
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| ISM Announces Finalists in Awards for Excellence in Supply Management |
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Supply management departments at 15 companies are among the finalists in the Institute for Supply Management™ (ISM) Awards for Excellence in Supply Management. Finalists in the 2011 competition were selected from applications received in an online submission process held from July 1, 2010 to September 17, 2010. Multiple entries were welcomed in one or more of the following categories: Process, People, Organization/Structure, Technology and Sustainability.
ISM will announce winners from among the 2011 finalists in April. Representatives from winning organizations will present their stories of excellence in supply management in Orlando, Florida, at ISM's 96th Annual International Supply Management Conference and Educational Exhibit, to be held May 15-18, 2011.
The 2011 ISM Awards for Excellence in Supply Management Finalists are:
- Advanced Micro Devices, Inc. — Process Category (two nominations)
- CAPITAL ONE — Process Category
- Delphi — Technology Category; Organization/Structure Category; Process Category
- The Dow Chemical Company — Process Category; Organization/Structure Category
- State of Georgia, Department of Administrative Services — State Purchasing Division — Technology Category
- Hewlett-Packard Company — Sustainability Category
- IBM Corporation — Sustainability Category
- Kraft Foods, Inc. — Organization/Structure Category; Process Category
- L-3 Communications — Process Category
- Lockheed Martin Missiles and Fire Control — Process Category
- Pacific Gas and Electric Company — Process Category
- Pfizer Inc. — Process Category
- SIRVA, Inc. — Process Category
- Sodexo, Inc. — Process Category
- United States Postal Service — Technology Category
The ISM Awards for Excellence in Supply Management are open to supply management departments of all sizes and geographic locations, both domestic and international. For more information, click here.
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| Save on CPSM® and CPSD™ Exams |
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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) on Saturday, May 14, 2011 before the start of the Conference on Sunday. What a great way to save money, learn leading supply chain best practices and take the next step in your career.
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| Calendar of Events for April |
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- 4/1
Release of the Manufacturing Report On Business®
Nationwide
- 4/4
Fundamentals of Finance for the Supply Management Professional
San Diego, CA
- 4/4-4/6
Fundamentals of Purchasing: The Building Blocks of World-Class Professionalism
Atlanta, GA
- 4/4-4/8
Finance Week 2011: Fundamentals through Advanced Concepts
San Diego, CA
- 4/5
Release of the Non-Manufacturing Report On Business®
Nationwide
- 4/5-4/7
Finance for the Supply Management Professional
San Diego, CA
- 4/6-4/8
Developing Excellence in Strategic Supply Management and Procurement
Atlanta, GA
- 4/8
Advanced Finance & Global Economics for the Supply Management Professional
San Diego, CA
- 4/11
ISM Conference Hotel Reservation Cut-Off Date
Orlando, FL
- 4/11-4/13
Legal Aspects of Supply Management: The Basics You Need to Succeed
San Francisco, CA
- 4/13-4/15
CPSM® Exam Review Course
Phoenix, AZ
- 4/14-4/15
Fundamentals of Inventory Management (formerly Principles of Effective Inventory Management)
Tampa, FL
- 4/15
Early Registration Discount Ends for ISM Conference
Orlando, FL
- 4/18-4/19
Contracting for Purchasing and Supply Management: Beyond the Basics
Dallas, TX
- 4/19-4/20
ISM and GBTA Travel & Meetings Summit
New Orleans, LA
- 4/27-4/29
CAPS Research 22nd Annual International Executive Roundtable
Scottsdale, AZ
- 4/28
ISM Satellite Seminar — Legal and Contracting Insights for Today's Supply Professional
Nationwide
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| Term of the Day |
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Today's ISM Term of the Day is: FREE RANGE.
Definition: A term often used to describe livestock and domestic poultry that is permitted to graze or forage for food rather than being confined to a feedlot.
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 |
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To receive Just in ETime:
- First, log into the ISM website using your username and password.
- If you have never created a profile/account on the ISM website — or if you don't remember if you have an account — click "Log In" in the upper right-hand corner of the ISM Home Page.
- Under "Log In," you will find a "Did you forget your username and password?" link. Click that link, and enter your e-mail address. (If you have more than one e-mail address, try each one.)
- If you do have an account, the ISM system will e-mail you your username and password.
- If, however, the system tells you the e-mail address was not found in our records, you will want to create a new account. Do this by clicking the "My Account" tab in the upper right-hand corner of the ISM Web site, followed by "Create New Account."
- 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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Wednesday, March 16, 2011
