--- To enhance the value and performance of procurement and SCM practitioners and their organizations worldwide ---

 
Thursday, July 5, 2012
   


Institute for Supply Management (ISM) Logo

Risk Management Conference Ad

ISM Educational Catalog

In This Issue ...
  • June Non-Manufacturing ISM Report On Business®: NMI at 52.1% — Read more.
  • Latest JPMorgan Global PMI: Global Report on Manufacturing — Read more.
  • Feature Article: Benefits of Using MSPs — Read more.
  • Call for Presenters Opens for ISM's 98th Annual International Conference — Read more.
  • Web Seminar July 24: "Intel and Conflict Minerals: A Journey of Learning, Challenges and Leadership" — Read more.
  • It's Easy to Subscribe to the Just in ETime Newsletter — Read more.
  • Term of the Day — Read more.
  • Contact Us — Read more.


June Non-Manufacturing ISM Report On Business®: NMI at 52.1%

Economic activity in the non-manufacturing sector grew in June for the 30th 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. "The NMI registered 52.1 percent in June, 1.6 percentage points lower than the 53.7 percent registered in May. This indicates continued growth this month at a slower rate in the non-manufacturing sector. The Non-Manufacturing Business Activity Index registered 51.7 percent, which is 3.9 percentage points lower than the 55.6 percent reported in May, reflecting growth for the 35th consecutive month. The New Orders Index decreased by 2.2 percentage points to 53.3 percent, and the Employment Index increased by 1.5 percentage points to 52.3 percent, indicating continued growth in employment at a faster rate. The Prices Index decreased 0.9 percentage point to 48.9 percent, indicating lower month-over-month prices for the second consecutive month. According to the NMI, 12 non-manufacturing industries reported growth in June. Respondents' comments are mixed and vary by industry and company."

Read the entire Non-Manufacturing ISM Report On Business® release.

Back to Top


Latest JPMorgan Global PMI: Global Report on Manufacturing

Global Manufacturing Sector Contracts in June

The JPMorgan Global Manufacturing PMI™ — a composite index produced by JPMorgan and Markit in association with ISM and IFPSM — fell to three-year low of 48.9 in June, a reading below the neutral 50.0 mark for the first time since November 2011.

Manufacturing production declined for only the second time in the past three years. Although the rate of contraction was only moderate, it was nonetheless the fastest since May 2009. Growth slowed sharply in the US to its weakest in the current 37-month sequence of expansion. Rates of decline gathered pace in China, Brazil and Vietnam, while Japan, South Korea and Taiwan all fell back into contraction.

Read the entire JPMorgan release.

Back to Top


Feature Article: Benefits of Using MSPs

As supply management organizations strive to extend their influence throughout the company and impact the bottom line with ever fewer resources, some are turning to managed service providers (MSPs) to make the best use of their organizations' time and talents. MSPs, sometimes called consolidators, can be used for certain spend categories, such as energy or telecommunications, that traditionally have been difficult for midsize procurement organizations to manage effectively.

Using MSPs increases visibility to the entire spend category, enables centralized performance tracking, and makes cost reductions and process improvements possible without excessively taxing limited supply management resources. There are some risks, however, and supply management professionals must perform careful due diligence before taking this path.

Read this Inside Supply Management® article in its entirety.

Back to Top


Call for Presenters Opens for ISM's 98th Annual International Conference

Institute for Supply Management™ (ISM) invites supply management professionals to tell their stories, inspire others and build their own reputations as industry experts by presenting at the 98th Annual International Supply Management Conference and Educational Exhibit. This well-known and respected Conference takes place in Dallas/Ft. Worth, April 28-May 1, 2013. Proposals must be completed and submitted via ISM's web-based proposal form. The call closes at midnight (EDT) July 31, 2012.

ISM seeks proposals from supply management leaders representing all sectors, including manufacturing, non-manufacturing, services, institutional and public, and from small, medium and large organizations. ISM's Conference attracts attendees from all industries and all organizational roles. More than 2,000 attendees are expected at the 2013 Conference — more than half of those will hold the title of manager and above. Presenters should be prepared to share best practices, tools and techniques, and creative and innovative approaches. Most sessions are 60 minutes long and include a question-and-answer period for those who attend.

Conference presenters selected through the Call receive a complimentary Conference registration. Each presenter may submit up to three proposals for consideration, either as an individual or as a co-presenter. Complete information is available on the ISM website.

Back to Top


Web Seminar July 24: "Intel and Conflict Minerals: A Journey of Learning, Challenges and Leadership"

Date: Tuesday, July 24, 2012
Time: 3 p.m.-4:30 p.m. — US Eastern
2 p.m.-3:30 p.m. — US Central
1 p.m.-2:30 p.m. — US Mountain
12 p.m.-1:30 p.m. — US Pacific
7 p.m.-8:30 p.m. — GMT
Length: 90 minutes
Price: $69 — ISM members; $99 — Non-Members

Intel is a recognized leader in the development and implementation of conflict minerals business practices. Join this interactive session with an expert willing to share processes, challenges encountered and overcome, key questions to ask, how to map supply lines and what a due diligence framework might look like. Practical observations and information on available resources will also be addressed during an ample time for Q&A.

Speaker:

Carolyn Duran
Duran joined Intel in 1998 as a process engineer in the Portland Technology Development Group. In the next nine years, she held technical and management positions in research and development groups, focusing on interconnects, polymer memory and wafer test methods. In 2007, she joined the Fab Materials group. Duran began leading the conflict minerals program for Intel in Apr 2011, and also manages a team of technologists who ensure Intel's supply line meets worldwide Environmental Health and Safety regulatory requirements.

She received her B.S. in Materials Science and Engineering from Carnegie Mellon University, and her Ph.D. in the same field from Northwestern University.

Moderator:

John Yuva
John serves as the editor of Inside Supply Management®, the flagship publication of the Institute for Supply Management™ and the authoritative resource for supply management executives in companies of all sectors, shapes and sizes.

John has worked in the publishing industry for more than 15 years — both in newspapers and trade publications. He began his career at ISM in 1999 as a senior writer, and was promoted to the role of editor.

John holds his degree in English from the University of Northern Iowa.

Registration is available online.

Back to Top


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.

  • 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 email address. (If you have more than one email address, try each one.)

  • If you do have an account, the ISM system will email you your username and password.

  • If, however, the system tells you the email 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 website, 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.

Back to Top


Term of the Day

Today's ISM Term of the Day is: GROSS WEIGHT.

Definition: Entire weight of goods, packaging and freight car or container, ready for shipment. Generally, 80,000 pounds maximum gross vehicle weight for container, cargo and tractor when loaded for highway transport if the container is going to travel on the U.S. interstate highway system.

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.

Back to Top


Rate and Review this item

Rate this item:



Log in to rate or review this item.


Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

Back to Top