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Wednesday, July 20, 2005
   


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In This Issue...
  • This Month in Inside Supply Management®. Read more.
  • Effectively Managing Outsourcing Contracts. Read more.
  • Take C.P.M. Exam Modules 3 and 4 for Half-Price in October. Read more.
  • Latest Issue of eDigest: Chemicals Available Online. Read more.
  • Term of the Day. Read more.
  • Calendar of Events for August. Read more.
  • Contact Us. Read more.


This Month in Inside Supply Management®

It's July. It's summer. It's just plain hot. Look beyond the beach and the family vacations and you'll see what's hot in supply management: purchasing services. The July issue of Inside Supply Management® focuses on these, particularly the "next" categories of big potential, such as advertising, meeting planning and prescription drugs.

Also in the July issue of Inside Supply Management®:

  • Learn why ISM Board Chair Theresa Metty, C.P.M., is watching out for the competition
  • San Antonio Conference highlights
  • Why supply management is perfectly situated to be the eyes and ears of the firm when it comes to human rights
  • How one choice for holiday dinners benefited from today's technology

To access the July magazine's online table of contents, click here.

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Effectively Managing Outsourcing Contracts

Join ISM for this one-hour Web seminar and discover why companies from all industries are turning to outsourcing their non-core activities, transactions, and functions as a strategic imperative. Find out how to effectively manage outsourcing initiatives and learn firsthand about the typical issues and pitfalls involved with the start up, maintenance and ramp down of an outsourcing project. Get the facts about how considerations such as key performance indicators, metrics and service level agreements are contract contract-critical in mitigating risk and maximizing ROI. These and several other outsourcing management practices that create a competitive advantage will be addressed.

Presented By: Edward M. Lundeen, CPIM, C.P.M., Director, Contracts, Eclipse Aviation Corporation
Date and Time: Wednesday, July 27, 2005 at 10:00 a.m. MST
Registration Fee: $99 per individual or $179 for two or more attendees per connection.

Attend and earn one Continuing Education Hour.

For more information or to register, click here.

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Take C.P.M. Exam Modules 3 and 4 for Half-Price in October

C.P.M. candidates are eligible to take Modules 3 and 4 of the C.P.M. Exam for half-price ($60) during the month of October. ISM will be offering half-price paper & pencil versions of the exam to candidates when they test at a location determined by their local affiliate.

  • This offer applies to candidates who wish to test through affiliates only. Affiliates may schedule exams anytime between October 17 and 23, 2005
  • This half-price offer applies to Modules 3 and 4 of the C.P.M. Exam only (paper and pencil version)
  • Affiliates may offer Modules 1 and 2, but they will be charged at the appropriate full member or non-member price
  • Affiliates will provide a proctor/s (current C.P.M.s), to be approved by ISM
  • Exams will be given at a location chosen by each affiliate
  • ISM membership not required to participate and receive discount
  • Candidates will get their results within two weeks (instead of the usual 4-6 weeks)

Participate in ISM's October half-price paper & pencil exams. Sign-up and save money. Call your local affiliate to see if they will be participating in this offer. Certain restrictions apply.

For a list of ISM affiliates and their contacts, click here.

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Latest Issue of eDigest: Chemicals Available Online

The latest issue of eDigest: Chemicals newsletter was released this month, and is available on the ISM Web site. The eDigest: Chemicals is a quarterly e-newsletter that provides timely information on supply management topics pertinent to the chemical industry and those purchasing chemicals. Each issue contains articles, facts, strategies, and resources to help you understand the sourcing issues that face this dynamic field.

Topics included in this issue:

  • Chemical Industry News
    • Reduced Emissions
    • Challenges for Industrial Cleaning Chemical Suppliers
  • Corporate Social Responsibility
  • North American Chlorine Commodity Report

To view this issue or to subscribe, click here.

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Term of the Day

Today's ISM Term of the Day is: TWO-STEP BIDDING.

Definition: A technique that is used when inadequate specifications preclude the initial use of competitive bidding. In the first step, bids are requested only for technical proposals without any prices. In the second step, invitations for bids are sent to those suppliers that submitted acceptable technical proposals, asking them to submit an updated bid with pricing.

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.

Help us update this Glossary! If you don't find the term or definition that you are looking for let us know. We will be updating the ISM Glossary in the coming months, and your input will be useful for the new edition. To contact us regarding the Glossary, e-mail: surveys@ism.ws

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Calendar of Events for August

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Questions/Comments? Contact RaeAnn Slaybaugh.

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