Tuesday, September 6, 2005
   


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In This Issue...
  • August Non-Manufacturing ISM Report On Business®: Business Activity at 65%.  Read more.
  • Hurricane Katrina Assistance.  Read more.
  • Latest JPMorgan Global PMI: Global Report on Manufacturing.  Read more.
  • Frequently Asked Questions.  Read more.
  • Attend an ISM Professional Seminar.  Read more.
  • Hospitality Supply Management Fall Conference.  Read more.
  • Term of the Day.  Read more.
  • Contact Us.  Read more.

August Non-Manufacturing ISM Report On Business®: Business Activity at 65%

Business activity in the non-manufacturing sector increased in August 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 Supply Chain Management Program, University of Houston-Downtown. "Non-manufacturing business activity increased for the 29th consecutive month in August," Kauffman said. He added, "Business Activity increased at a faster rate in August than in July. New Orders, Employment and Inventories also increased at faster rates. Many members' comments expressed concern about the continuing increase in oil and gas prices and its impact on the prices of other items and on budgets. The overall indication is continued economic growth in the non-manufacturing sector in August at a faster rate of increase than in July."

To read the entire report click here.

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Hurricane Katrina Assistance

Our thoughts and prayers are with all of those affected by the tragic devastation of Hurricane Katrina.

We are especially concerned about our members and affiliate organizations in the affected areas.

ISM staff members have been provided links to the organizations offering assistance to Hurricane Katrina victims. Many staff members have already donated blood and/or financial assistance to the relief efforts and will continue to do what we can to assist.

For more information on how you can assist click here.

In addition, ISM has established a discussion forum for members to offer assistance to fellow members as well as for those members who need assistance to place their specific requests for help.

We deeply appreciate your cooperation with this. Please only post messages if you are offering specific types of assistance or if you are in need of assistance.

To access the Hurricane Assistance Discussion Forum click here.

Please note: The Institute for Supply Management™ (ISM) does not monitor the discussion forum areas. ISM cannot guarantee, or be held liable for, the accuracy of any message posted in the discussion areas.

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Latest JPMorgan Global PMI: Global Report on Manufacturing

Growth of Global Manufacturing Output and New Orders Slowed in August. Sharp Upsurge in Input Cost Inflation as World Oil Price Hit Nominal Record.

At 52.2 in August, down from July's nine-month high of 53.4, the Global Manufacturing PMI — a composite index produced by JPMorgan and NTC in association with ISM and IFPSM — signalled an easing in the rate of growth of the global manufacturing economy. Although down sharply on that recorded in the same period of 2004, the level of the PMI remained slightly above its long-run average.

Of the twenty national PMI surveys for which August data were available, all except four (Germany, Italy, Australia and Austria) recorded an improvement in overall operating conditions. However, twelve registered a weaker trend in operating performance compared to one month ago, with the levels of the US, the Eurozone, Japan and China PMIs all falling since July.

For the entire release, click here.

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Frequently Asked Questions

Where do you turn when you are looking for answers about ISM, membership, certification, seminars, the Report On Business®, or purchasing and supply management in general? You need look no further than ISM's Web site. ISM has gathered the most frequently asked questions (FAQs) from customers over the years and compiled several resource pages on the ISM Web site.

The FAQ section includes the following topics:

  • About ISM
  • Purchasing and Supply Management
  • Report On Business®
  • C.P.M. and A.P.P. Programs and Exams
  • ISM Career Center
  • Public Relations
  • CAPS: Center for Strategic Supply Research
  • Knowledge Center Online Courses

You can always rely on the ISM Web site as a resource to help answer your questions about ISM, its products, or purchasing/supply management topics in general.

For links to each of the above mentioned FAQ sections click here.

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Attend an ISM Professional Seminar

You're in the driver's seat — reach your career goals faster.
Get on the fast-track and reach your career goals in record speed when you attend ISM's professional seminars. Dramatically increase your level of expertise and network with your peers in an environment that is focused on your success. Register today for one of our October sessions.

To learn more about ISM's professional seminars or to search by topic, date or location click here.

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Hospitality Supply Management Fall Conference

September 21-23, 2005
Crowne Plaza Anaheim Resort
Garden Grove, CA

Hospitality Supply Management, an ISM Forum, presents Hospitality Supply Management Fall Conference. Take this opportunity to find out what's new and what's on the horizon. This is a chance to ensure you have a fresh, safe supply chain that effectively delivers quality at just the right cost.

All sessions focus on supply management in the hospitality industry.

  • Market updates
  • Powerful take-away tools
  • Exceptional networking opportunities
  • Experts from the hospitality industry
  • Trends in service contracts, performance measurement, sanitation and equipment
  • Economic and commodity updates
  • Earn 11.50 CEHs

For more information or to register click here.

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Term of the Day

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

Definition: A legal proceeding accompanying an action in court by which a plaintiff may acquire a lien on a defendant's property as a security for the payment of any judgment which the plaintiff may obtain.

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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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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