|In This Issue ...
- This Month in Inside Supply Management® Magazine — Read more.
- Web Seminar July 31: "Stopped in Your Tracks! Why Supply Chain Resilience Has Become a Critical Competence — and How to Excel at It" — Read more.
- Feature Article: Career ROI: Advice From the C-Suite — Read more.
- Call for Presenters Closes July 31 for ISM's 98th Annual International Conference — Read more.
- Calendar of Events for August — 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
Have you checked out the latest issue of Inside Supply Management® magazine? The June/July 2012 issue is full of useful information, including the following articles:
- Accomplished Scholars
The 2012 Richter scholars are destined to make significant contributions to supply management.
- Moving Lateral to Move Up
As supply management gains more influence within companies, it's crucial to develop a broad understanding of the organization to advance your career.
- Benefits of Using MSPs
Managed service providers can offer increased spend visibility and cost reduction when used wisely.
Access the complete June/July 2012 issue of Inside Supply Management® online.
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|Web Seminar July 31: "Stopped in Your Tracks! Why Supply Chain Resilience Has Become a Critical Competence — and How to Excel at It"
||Tuesday, July 31, 2012
||2 p.m.-3 p.m. — U.S. Eastern
1 p.m.-2p.m. — U.S. Central
12 p.m.-1 p.m. — U.S. Mountain
11 a.m.-12 p.m. — U.S. Pacific
6 p.m.-7 p.m. — GMT
The ability to manage supplier risk and supply chain risk has become a critical competence for organizations.
Companies are highly outsourced, with suppliers spread out across the globe. Yet, firms' knowledge of their suppliers and the environments they operate in is often limited and out-of-date, crippling their ability to successfully and proactively respond to the dynamics of their supply base. This has introduced substantially more risk in global businesses.
How well a company manages those risks, in a timely fashion, can have huge repercussions — even impacting their market share and ultimate success (or failure) as a business. Though supply chain risk and resilience have been talked about for years, few manufactures have made the necessary investments required to effectively manage their risks.
In this web seminar, attendees will be presented with findings from research on supply chain risk and resilience.
They will learn:
- The differences between the best-run companies and typical companies in how they manage their supply chain risks and how they fare in disrupting events
- How to quantify the ROI of supplier risk management
- Types of supplier risks, and how to manage them
- Supplier risk mitigation strategies in practice
- Roles of third parties in successful supplier risk management.
This is a "must-attend" event for anyone who has responsibility for managing their supply chain and suppliers, and ensuring the quality and continuity of supply.
Chief Research Officer
Nora Pollard Neibergall, CPSM, CPSD, C.P.M.
Senior Vice President
Institute for Supply Management™
Registration is available on the ISM website.
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|Feature Article: Career ROI: Advice From the C-Suite
For one military and civilian supply chain executive, arrogant and mission-centric models of leadership were the wrong fit. Instead, he chose to "get on the ground" — and out of the office.
"[A]rrogant and mission-centric approaches to leadership were the wrong fit for my style of leadership," says Joseph Walden, CFPIM. "And, unfortunately, they're models that some supply chain professionals — both military and civilian — may be encouraged to emulate. As a result, many supply management executives have been conditioned to believe that a total focus on missions, with little or no emphasis on the people working for them, is what leadership looks like.
"The truth is, no matter what industry and business we work in, we're all in the people business," Walden continues. "And when people are involved, caring and engaged leaders are needed."
Read the full article on the eSide Supply Management website.
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|Call for Presenters Closes July 31 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.
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|Calendar of Events for August
Release of the Manufacturing Report On Business®
Strategic Services Procurement: Applying Strategic Sourcing Principles to the Procurement of Services
Release of the Non-Manufacturing Report On Business®
Power Negotiations: Unlock Your Powers of Influence and Persuasion
CSSL Board of Trustees Meeting
CSSL Executive Program — Coming to Your Supply Chain: Social Media
Outsourcing — Competitive Bidding and Contracting: Developing Critical Process Competencies
Capital Equipment Purchasing: Big Risk, Big Dollars, and Big Results
San Diego, CA
ISM Board of Directors Meeting
Fundamentals of Purchasing: The Building Blocks of World-Class Professionalism
San Diego, CA
CPSM® and CSM™ Exam Review Course
Resisting Price Increases and Implementing Cost Improvement Initiatives
Contracting: What All the Ts and Cs Mean (formerly Contracting Basics: What All the Ts and Cs Mean)
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|Term of the Day
Today's ISM Term of the Day is: CERTIFIED FELLOW IN PRODUCTION AND INVENTORY MANAGEMENT.
Definition: An APICS certification available to those who have earned their CPIM designation and requiring holders to share their knowledge with others through presenting, publishing, teaching and participating in other professional development activities.
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.
- 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.
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- 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.
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