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

 
Thursday, September 1, 2005
   


Global eProcure

eWork Markets

ProcureStaff LTD

TradingPartners

Institute for Supply Management

ISM Member-Get-A-Member Campaign

Supply Management Image Campaign

In This Issue...
  • August Manufacturing ISM Report On Business®: PMI at 53.6%.  Read more.
  • New ISM Web Seminar -- Basics of Intellectual Property (IP) Laws.  Read more.
  • Social Responsibility Survey.  Read more.
  • ISM and OnVantage, Inc. Present a FREE Web Seminar.  Read more.
  • Web Site of Interest.  Read more.
  • Term of the Day.  Read more.
  • Just in ETime Subscriptions are FREE.  Read more.
  • Contact Us.  Read more.

August Manufacturing ISM Report On Business®:
PMI at 53.6%

Economic activity in the manufacturing sector grew in August for the 27th consecutive month, while the overall economy grew for the 46th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.

The report was issued today by Norbert J. Ore, C.P.M., chair of the Institute for Supply Management™ Manufacturing Business Survey Committee. "The manufacturing sector grew for the 27th consecutive month in August based on the ISM data. While not as strong as in July, the PMI still indicates significant economic growth in both manufacturing and the overall economy. Both New Orders and Production continue at relatively strong levels. This month's comments from supply managers indicate great concern over recent new highs in the energy commodities. Many express concerns as to whether current business strength can be sustained if high energy prices persist."

To read the entire report click here.

Back to Top


New ISM Web Seminar --
Basics of Intellectual Property (IP) Laws

September 7, 2005
10:00 a.m. Pacific / 1:00 p.m. Eastern

Join ISM for this one-hour Web seminar to find out how IP rights and requirements impact your role in supply management. Providing a solid overview of the various laws associated with patents, copyrights and trademarks, you'll walk away with an understanding of the requirements, objectives and benefits to support and protect your organization.

For more information or to register, click here.

Back to Top


Social Responsibility Survey

Do you have an opinion on supply management's role in company-wide social responsibility initiatives? Let your voice be heard!

For those readers who haven't already responded, please take 30 seconds to answer our three-question Yes or No survey. The results will be published in the article "Social Responsibility: A Business Case" in the October issue of Inside Supply Management®. This article details a tool available on ISM's Web site that helps companies work through the process to establishing a social responsibility program.

To those readers who have already taken the time to respond to the survey; we thank you.

To participate in this survey, click here.

Back to Top


ISM and OnVantage, Inc. Present a FREE
Web Seminar

Managing Meetings Related Spending: Process Change and Data Analysis for Greater Control
September 8, 2005
11 a.m. Pacific / 2 p.m. Eastern

Over the last 5 years, the Strategic Sourcing Group at Washington Mutual has achieved a high level of sophistication in most areas of procurement. One of their most interesting challenges has been the meetings and events category. Sign up for this Web cast and hear how Washington Mutual has controlled the meeting spend.

For more information or to register, click here.

Back to Top


Web Site of Interest

Today's Web site of interest is: Answers.com.

Answers.com is a free, reference search service that provides instant answers on thousands of topics. Answers.com displays short, snapshot answers. Answers come from over 100 sources such as encyclopedias, dictionaries, glossaries and atlases.

To access this Web site click here.

Please note: This external Internet address contains information created, published, maintained, or otherwise posted by institutions or organizations independent of ISM. Links from this Web site, or any other Web site(s) accessible from this Web site, to any product, entity, service, or information, do not constitute a recommendation by ISM. ISM is not responsible for the contents of any other Web site.

Back to Top


Term of the Day

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

Definition: A "futures" purchase or sale entered into for the purpose of balancing a sale or purchase already made, or under contract, in order to offset the effect of potential market price fluctuations.

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

Back to Top


Just in ETime Subscriptions are Free

The Just in ETime e-mail newsletter delivers ISM- and purchasing/supply-related news and updates to subscribers' desktop every other week -- FREE!  Breaking news, such as the ISM Report On Business®, information on upcoming seminars and programs, changes to certification rules/requirements, as well as Web sites of interest to supply/procurement professionals.

For your free copy of the Just in ETime newsletter click here.

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