|In This Issue ...
- January Manufacturing ISM Report On Business®: PMI at 54.1% — Read more.
- Feature Article: Becoming a Person of Influence — Read more.
- Institute for Supply Management™ (ISM) Announces 2012 Board of Directors — Read more.
- ISM to Host Diversity Summits Next Week in Dallas — 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.
|January Manufacturing ISM Report On Business®: PMI at 54.1%
Economic activity in the manufacturing sector expanded in January for the 30th consecutive month, and the overall economy grew for the 32nd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.
The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management™ Manufacturing Business Survey Committee. "The PMI registered 54.1 percent, an increase of 1 percentage point from December's seasonally adjusted reading of 53.1 percent, indicating expansion in the manufacturing sector for the 30th consecutive month. The New Orders Index increased 2.8 percentage points from December's seasonally adjusted reading to 57.6 percent, reflecting the 33rd consecutive month of growth in new orders. Prices of raw materials increased for the first time in the last four months. Manufacturing is starting out the year on a positive note, with new orders, production and employment all growing in January."
To read the entire release, click here.
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|Feature Article: Becoming a Person of Influence
As supply management professionals, it's critical that we deliver and document results, and then use these to "sell" our services within the organization. None of this is possible without influence.
In our profession, we're constantly analyzing competencies which add value to the procurement process. Executives in our organizations have identified the supply chain and called on us to reduce costs, improve supplier performance, find new solutions and generate revenue. We're expected to effectively support the goals of the enterprise.
Are there gaps in our competencies that need to be addressed to make us more successful in these matters?
Read this eSide Supply Management article online.
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|Institute for Supply Management™ (ISM) Announces 2012 Board of Directors
Institute for Supply Management™ (ISM) announced its 2012 Board of Directors during its Annual Meeting, held January 12, 2012 in Tempe, Arizona. The leadership-based Board is made up of business leaders who hold senior-level positions in supply management or other fields that help the Institute with its mission to lead and serve supply management. The 2012 ISM Board of Directors includes:
Chair, Sidney Johnson, CPSM is vice president, global supply management at Delphi Corporation and executive champion for the Global Supply Management Task Team. With more than 20 years of experience in purchasing, operations, quality and lean manufacturing principles, Johnson currently is responsible for direct, indirect, logistics as well as processes & systems and supplier quality.
Jean Baderschneider, Ph.D. is vice president, global procurement for Exxon Mobil Corporation. She is responsible for procurement, strategic sourcing, supply chain management, warehousing and accounts payable worldwide. Baderschneider joined Exxon Mobil in 1983. Her experience includes assignments in refining, marketing, exploration and producing as well as corporate-level assignments.
Joseph C. Black Jr. is chief procurement officer for Aetna, Inc. In this position, he leads the company's procure-to-pay activities enterprisewide, impacting more than US$4 billion in company expense. His responsibilities include supply management, accounts payable, meeting management, travel, supplier diversity and expense policy.
Janice L. Davis is vice president and chief procurement officer at Bombardier Aerospace. Davis is accountable for a global team responsible for the strategic procurement of all aerospace products and services. Since joining Bombardier in 2005, her focus has been on improving supplier performance, reducing waste, establishing common processes across the company and enhancing employee engagement and retention.
Timothy R. Fiore, CPSM, C.P.M., MCIPS is former senior vice president, supply management at Terex Corporation. Fiore is current Chair of the Board of Trustees of CAPS Research. He is a member of The Conference Board's Purchasing and Supply Leadership Council and is a member of Howard University Business School's Supply Chain Advisory Board.
Cecil R. House is senior vice president, operations support and chief procurement officer, Southern California Edison. House's responsibilities include environmental health and safety, supply management and logistics, corporate security and business resiliency, transportation services, real properties, and environmental and resource sustainability.
Craig J. Johnson, C.P.M., A.P.P. is chief executive officer of Harry & David Holdings, Inc. Prior to this role, Johnson served as chief operating officer of Gibson Guitar Corp. where he was responsible for the company's worldwide manufacturing operations. Johnson spent 12 years at Musician's Friend, a subsidiary of Guitar Center, where he rose from vice president to chief executive officer.
Jason Kwan is ManpowerGroup's vice president of global strategic sourcing and the company's chief procurement officer. He joined Manpower in this newly created role in late 2007. Prior to Manpower, Kwan began his career in finance with Unilever in the United Kingdom, growing into the position of Asia Pacific Regional CFO for the chemicals and fragrance business.
Thomas K. Linton is senior vice president and chief procurement officer for Flextronics. In his role, he is responsible for managing and optimizing Flextronics' global supply chain activities in 30 countries. Previously, he served as chief procurement officer at LG Electronics, Freescale Semiconductor, Inc. and Agere Systems, Inc.
Lisa Martin, C.P.M. is senior vice president, Worldwide Procurement and Operations at Pfizer Inc. As Pfizer's chief procurement officer and global operations leader, Martin and her organization support all externally purchased goods and services categories across each business line, including biopharmaceuticals, consumer, nutritional and animal health.
Steven G. Miller is senior vice president, strategic sourcing and procurement & facility services and support for The Walt Disney Company. Since September 2005, he has been responsible for the worldwide sourcing support for the studio, theme parks, media networks, consumer products, interactive media and corporate groups.
Nora P. Neibergall, CPSM, CPSD, C.P.M. is senior vice president at Institute for Supply Management™ and corporate secretary for the ISM Board of Directors. Neibergall oversees ISM's educational program development, professional credentials, diversity, public relations, marketing and sales efforts.
Paul Novak, CPSM, C.P.M., A.P.P., MCIPS is ISM chief executive officer. Novak led the Institute in a major change in its governance, the implementation of a Board of Directors comprised of senior officers at major companies. Following this change, Novak led the organization in broadening its focus from purchasing into supply management and extending its worldwide reach.
Ronald D. Schnur, CPSM is vice president, dairy supply and operations for WhiteWave Foods Company. In this position, he is responsible for providing strategic, financial and operational leadership for the dairy supply chain and operations team of 115. He also provides direct support for the Horizon Organic Business Unit.
Deborah Webber, CPSM, CPSD, C.P.M., CAE is senior vice president at Institute for Supply Management™ and corporate treasurer for the ISM Board of Directors. Webber is responsible for the day-to-day operations of the Institute, which include communications, customer service, accounting, information systems/technology and the website, purchasing/contracting, human resources, affiliate support, meeting planning and corporate program development.
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|ISM to Host Diversity Summits Next Week in Dallas
ISM will host its 2012 Diversity Summits next week (February 8-9, 2012) at the Hilton DFW Lakes Executive Conference Center in Grapevine, Texas.
9th Annual Black Executive Supply Management Summit
The 9th Annual Black Executive Supply Management Summit travels to Grapevine, Texas for two days of professional development and networking. Attendees can compete in (or observe) the student case competition, as well as learn current information on sustainability in the supply chain, surviving a procurement transformation and improving their bottom line with the Summit's economic update — just for supply professionals. Those in attendance will discover new strategies and best practices from leading executives in procurement and supply management.
Proceeds from the program are used for a scholarship fund to send students to the ISM 97th Annual International Supply Management Conference and Educational Exhibit scheduled for May 2012 in Baltimore, Maryland.
5th Annual Hispanic Supply Management Summit
ISM's Hispanic Supply Management Summit will celebrate its fifth year supporting Latinos in the supply chain workforce. Attendees will gain current information on global sourcing, sustainable water resource management within the supply chain, insights about the Latin American market, and an economic outlook for supply professionals. They will also enjoy plenty of networking opportunities with top Hispanic supply chain executives from Deutsche Bank, Starbucks, Veolia Water North America and more.
4th Annual Women Executive Supply Management Summit
The 4th Annual ISM Women Executive Supply Management Summit promises to deliver supply chain management strategies, as well as general business approaches, to help attendees streamline their enterprises. Those in attendance will find out what their colleagues are working on in 2012 — and beyond — and discover tools that will move them and their teams forward.
For hotel reservations, click here.
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|Website of Interest
This month's Website of Interest is ProcurementTips.com.
Offered by Commerce Edge Academy, ProcurementTips.com is a forum where purchasing and supply management professionals can exchange tips, tactics, information and views. Discussions can be browsed by topic: procurement, supply management, purchasing or procurement-to-pay. Currently, thread topics include negotiation, benchmarking, strategic sourcing, contract management and much more. The forum also offers procurement short courses, including: "Storage and Distribution from a Procurement Perspective," "Procurement Time Management," "Operations Management for the Procurement Professional" and many others.
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: LIFE-CYCLE ANALYSIS (LCA).
Definition: A comprehensive examination of tangible and intangible elements of a product or service to determine the impact to be measures, such as cost, price or environmental impact.
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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