Wednesday, December 19, 2012
In This Issue ...
  • This Month in Inside Supply Management® Magazine — Read more.
  • Feature Article: Cars and Effect — Read more.
  • Register Now for ISM Summit for Black Executives in Supply Management — Read more.
  • Scholarships Awarded at 2012 ISM Services Group Conference — Read more.
  • More Than 30 New Podcast Available on the ISM Website — Read more.
  • Calendar of Events for January — 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 November/December 2012 issue is full of useful information, including the following articles:

  • Cars and Effect
    When Symantec brought its European fleet spend under supply management's control, the savings and value resonated throughout the company.

  • Make Better Decisions With Cost Modeling
    Cost modeling produces information to help supply managers negotiate, reduce procurement costs and make sound business choices.

  • Pay It Forward
    Mentoring helps guide young professionals as seasoned supply managers share their knowledge and experiences.

Access the complete November/December 2012 issue of Inside Supply Management® online.

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Feature Article: Cars and Effect

Symantec's Global Sourcing and Procurement team manages approximately US$2.1 billion (€1.7 million) in spend (the majority of which is indirect) with a blend of retained staff and outsourced partners. The internal procurement team is spread across three geographies: North America (NAM); Europe, Middle East and Asia (EMEA); and Asia-Pacific Japan (APJ).

When one of the senior vice presidents of sales in Europe requested help from the procurement team to reduce his organization's costs in one particular area — the company car policy — it was the perfect opportunity for procurement to take the lead in value-added activity to benefit the company.

Read the full article on the Inside Supply Management® website.

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Register Now for ISM Summit for Black Executives in Supply Management

Register now to attend the 10th Annual Black Executive Supply Management Summit, to be held February 5-7, 2013 at the Doubletree by Hilton New Orleans. This event delivers supply chain management strategies as well as general business approaches to help you streamline your enterprise. This is not only an opportunity for face-to-face learning, but for networking as well.

Find out what other organizations are doing to get ahead. Hear from top performers representing General Mills, IBM Corporation, DuPont, Cisco WebEx, MeadWestvaco, and more. The program is presented for black executives, their direct reports and those interested in building their career in supply management. Black Executive Supply Management Summit sessions include:

Hosted by Institute for Supply Management™ (ISM) the 10th Annual Black Executive Supply Management Summit is at the same time and location as the 5th Annual Women Executive Supply Management Summit. Each summit has its own set of workshops, but general sessions are together. Summit registrants are welcome to attend any of the concurrent sessions.

Student teams will present cases on the morning of February 7, 2013. In addition to showcasing the next generation of supply management talent, student team members will also hear from practitioners on how to establish themselves in the supply management profession.

Register now by visiting the ISM website. Registration is US$949 for ISM members and US$1,149 for nonmembers. Student Member rate is US$250. Fees include all summit workshops and scheduled meals. Register by December 28, 2012 to receive a US$100 discount. (Student registration is not included in the discount offers.)

All sessions are at the Doubletree Hilton New Orleans, 300 Canal Street, New Orleans, LA 70130. For hotel reservations, please book online. Book by January 7, 2013, to receive the special rate of US$169. NOTE: Free in-room Internet was negotiated for guests staying at the host facility.

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Scholarships Awarded at 2012 ISM Services Group Conference

Top undergraduate supply management students were recognized today at the 13th Annual ISM Services Conference, a two-day event taking place at the Pointe Hilton Tapatio Cliffs Resort in Phoenix. The conference is hosted by Institute for Supply Management™'s (ISM) Services Group, which champions best practices associated with supply management practitioners who source services (such as temporary labor, consultants, building services telecom and technology, etc.) or who work in one of the many services-related industries.

Sixteen students representing supply management programs at five universities received 2012 ISM Services Group scholarships:

  • Arizona State University — Joel Hill, Gunhee Park, Brittany Robinson, Alexander Sheiner
  • Michigan State University — Blake Malburg, Alexandria (Lexi) Marques, Aimee Soave
  • Rutgers University — Avni Amin, Connor Hickey, Sara Seabra
  • University of San Diego — Jessica Dey, Adam Sitcoscy, Austin Slakey
  • Western Michigan University — Dylan Green, Ross Hughes, David Lipowski

Scholarship recipients receive US$1,000 plus sponsored registration and travel allowance to attend the ISM Service Conference.

ISM Services Group is one of several groups composed of ISM members with common interests in education and networking in various topics. Members are either in services industries or are supply management professionals who buy services. The Services Group's University Relations efforts focus on four main areas: mentoring, internships, scholarships and on-site activities. Visit the ISM Services Group online.

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More Than 30 New Podcast Available on the ISM Website

More than 30 new podcasts have been added to the redesigned ISM™ Podcasts site. Visit the website to browse the ever-expanding library of audio podcasts covering a broad spectrum of supply management and general business topics — from the basic to advanced. Download and listen while you work, during your commute or even in your down time.

All these podcasts are available right now:

Business Management
"Asset Management"
"Career Management for Supply Professionals"
"Developing Supply Chain Talent"
"Mentor-Protégé Relationships in Light of Supply Management Strategy"
"Uncovering Power Through Effective Data Use"
"Time Management: Stop Working on the Wrong Things"

"Keeping Tabs on Ethics"

General Supply Management
"Defining Value Through Supply Management Integration"
"Project Management Tools for the Supply Professional"
"Savings with Source-to-Pay"
"Selling Supply Management's Value"
"The 'Cloak of Invisibility' Making the Supply Chain Truly Visible to Top Management"
"Understanding the Extent of Supply Management"

"A Global Mindset: Time, Technology and People"
"Global Supply Chain Management"
"Unfolding a Global Evolution"

"Best Practices in Negotiating Software Contracts"
"Force Majeure"
"Limitation of Liability"

Personal Career Development
"Leadership Tools for Your Career"
"Lifelong Education: A Critical Endeavor"
"Making it in General Management"
"Managing Your Employability"

"American Airlines Negotiates Largest Aircraft Order"

Risk Management
"Identifying and Mitigating Supply Chain Risk"
"If It Can Happen..."
"Proactive Supply Chain Risk Management"
"Risk Management: Strengthening Your Supply Chain"
"Risk Management Tracks"

Services Procurement
"Bringing Cloud Computing Down to Earth"
"Enlightened Marketing Procurement"
"Group Purchasing Organizations — A Low Risk, High Value Proposition"
"However You Slice It, Buying Energy is Unique"
"Life Span — Technology Recycling"
"Saving Lives, Saving Money: Supply Chain Management at the American Red Cross"
"TCO and Mobility"

"Contract Manufacturing: Another Way to Satisfy Customer Requirements"
"Playing to Win"

Supplier Relationships
"Benefit By Building Great Supplier Relationships"
"Dog Training and Supplier Management — Would Cesar Milan be a Good Supply Manager?"
"Research in Supply Chain Management: Academic Insight for Managerial Relevance"
"Supplier Collaboration — A Paradigm Shift"
"Supply Chain Collaboration"

Supplier Diversity
"How to Develop and Leverage Diverse Suppliers"
"Important Elements for a Successful Supplier Diversity Program"
"Mentoring Diverse Suppliers"
"Supplier Diversity from the CPO Perspective"
"Utilizing Diverse Businesses in Emerging Technologies"
"Value of Diverse Suppliers"

Sustainability/Social Responsibility
"CAPS Research Benchmarking Report: Conflict Minerals Reporting Requirements"
"Sustainable Procurement"
"Sustainable Procurement Metrics"
"Sustainability 2.0 — What Comes Next"
"Sustainability Buzz"
"Sustainable Water Management"

"Social Media in Supply Management"
"Turmoil in Europe / Social Media in Europe — the Promise and Peril"
"Social Media: A Waste of Time or A Catalyst for Supply Chain Innovation?"
"The Real World (Today and Tomorrow): Social Media on the Front Line"

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Calendar of Events for January

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Term of the Day

Today's ISM Term of the Day is: VISION.

Definition: A picture of what the organization will look like and be doing in the future. This perception of the organization's future must be specific and shared to have an effect on behavior.

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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  • Under the "Membership" tab, select the "My Account."

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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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