Thursday, February 3, 2005
   

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90th Annual International Supply Management Conference and Educational Exhibit

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In this issue...
  • January Non-Manufacturing Report On Business®: Business Activity at 59.2%. Read more.
  • Latest JPMorgan Global PMI Report on Manufacturing. Read more.
  • Conference Early Bird Registration Deadline is March 3rd. Read more.
  • ISM Web Seminar: Supply Chain Risk Management in an Uncertain Global Environment. Read more.
  • Never Underestimate the Power of a World-Class Supply Management Network. Read more.
  • ISM Professional Seminar Update — March Topics. Read more.
  • Term of the Day. Read more.
  • Contact Us. Read more.

January Non-Manufacturing ISM Report On Business®: Business Activity at 59.2%

Business activity in the non-manufacturing sector increased in January 2005, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.

The report was issued today by Ralph G. Kauffman, Ph.D., C.P.M., chair of the Institute for Supply Management™ Non-Manufacturing Business Survey Committee and coordinator of the Purchasing and Supply Management Program, University of Houston-Downtown. "Non-manufacturing business activity increased for the 22nd consecutive month in January," Kauffman said. He added, "Business activity increased at a slower rate in January, as did new orders. The most troubling aspect of this month's report is the drop in backlog of orders, indicating the first reduction in order backlogs in 21 months. This implies that the capability to provide products and services in the non-manufacturing industries has risen faster than the increase in new orders."

To read the entire report click here.

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Latest JPMorgan Global PMI Report on Manufacturing

The global manufacturing economy expanded for the nineteenth consecutive month in January. After revision to the US data series, the Global Manufacturing PMI — a composite index produced by JPMorgan and NTC in association with ISM and IFPMM — registered 53.0, down marginally from the levels of November and December. As such, the PMI is consistent with still-sluggish, 2-3% annualized growth in global manufacturing output.

National PMI data suggested that the improvement in operating conditions remained broad-based, with all except four (Hungary, the Netherlands, Poland and South Africa) of the twenty national manufacturing economies for which January data were available recording growth. Of the five largest regions covered by the survey, the Eurozone, Japan and China all saw business conditions strengthen at a sharper rate than in December. Growth in the US and the UK eased to sixteen and eighteen-month lows respectively. Although less marked than one month earlier, the rate of expansion in the US remained stronger than that of the other major-industrialized regions — with Denmark the only nation to register a faster rate of improvement.

To read the entire JPMorgan press release click here.

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Conference Early Bird Registration Deadline is March 3rd

March 3rd is the deadline for the early registration discount on the Annual International Supply Management Conference and Educational Exhibit. Registrations postmarked by March 3, 2005, receive $170 off the complete Conference package registration fee.

Hassle free online registration includes your personal planner to help you stay on track and organize your time. And don't forget, when you register online you automatically save an additional $25 off your full-Conference registration fee.

Your complete Conference package includes 12 educational sessions, groundbreaking keynote addresses, the semiannual economic announcement, and six meals.

This year's Conference takes place May 8-11, in San Antonio, Texas.

For more information click here.

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ISM Web Seminar: Supply Chain Risk Management in an Uncertain Global Environment

Join ISM on Wednesday, February 16 at 10 a.m. Pacific / 1 p.m. Eastern for a one-hour Web seminar. Find out how Supply Chain Risk Management is rapidly changing in an evolving global marketplace. Learn how to manage the risks involved in a global environment and how they are associated with your company's image and reputation. The following areas will be addressed:

  • Sole Sourcing
  • Supply Continuity
  • Transportation and Logistics
  • Intellectual Property and Technology
  • Finance and Regulations
  • Inventory and Asset Management

Presenters: Dr. Joe Cavinato, Ph.D., C.P.M. and Mr. Jack Barry

Registration fees are $99 per individual and $179 for two or more attendees per connection. For complete details or to register for this Web seminar click here.

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Never Underestimate the Power of a World-Class Supply Management Network

ISM's 38th Annual Supply Management Program
March 7 - 11, 2005
Tempe, Arizona

Learn to leverage your power during these exciting sessions:

  • Social Responsibility and the Supply Chain: Developing and Sustaining a Value Culture
  • Supply Management and the Bottomline: Maximizing Supply's Contribution to Organizational Goals and Objectives
  • Developing an Effective Performance Management System: Aligning Metrics with Strategy
  • Developing and Implementing Supply Strategies in an Environment of Uncertainty: A Supply Strategy Simulation
  • Current Issues and Future Directions in Supply Management

This comprehensive program provides a framework to build a supply team that creates and delivers measurable value.

Who Should Attend
This program is designed for leaders of change in supply management. Those in decision-making positions related to purchasing, procurement, suppliers, supply management or supply chain management will most benefit from this program. Typically, participants have responsibilities for planning, managing or directing supply functions or processes in alignment with organizational goals and objectives.

Early registration ends February 7, 2005.

To register online click here, or call one of our customer service associates at 800/888-6276 or 480/752-6276, extension 401.

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ISM Professional Seminar Update — March Topics

Thousands of supply management professionals have attended ISM seminars to stay current with the latest trends and gain practical solutions to help them succeed. Unlock your potential by registering today. Learn world-class strategies and industry "best practices" to help you succeed! Our March topics include:

Register 30 days or more in advance and receive a $200 discount. Save even more when you register online. To learn more about ISM's professional seminars or to search other great topics, dates and locations, click here

If you or a colleague can benefit from attending one or more of these skill-building seminars, contact ISM today. To speak to a Customer Service Associate, call 800/888-6276 or 480/752-6276, extension 401. Or to visit ISM online click here.

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Term of the Day

Today's ISM Term of the Day is: CULTURAL ADAPTATION.

Definition: The process of adjusting to another culture.

A different Term of the Day is posted on the ISM Home Page (www.ism.ws) each day -- 7 days a week. The Term of the Day is taken from the Glossary of Key Supply Management Terms.

ISM members can access the online Members Only Glossary of Key Supply Management Terms 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.

To access the Glossary click here.

If you are not a member but would like membership information click here.

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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