Wednesday, September 21, 2005

Global eProcure

eWork Markets



Institute for Supply Management

ISM Member-Get-A-Member Campaign

Supply Management Image Campaign

In This Issue...
  • Hurricane Katrina Assistance.  Read more.
  • This Month in Inside Supply Management®.  Read more.
  • ISM Announces New Supply Management Qualification.  Read more.
  • R. Gene Richter Awards for Leadership & Innovation in Supply Management.  Read more.
  • New ISM Web Seminar — State of the Law on Electronic Commerce.  Read more.
  • Term of the Day.  Read more.
  • Calendar of Events for October.  Read more.
  • Contact Us.  Read more.

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 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.

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This Month in Inside Supply Management®

The cover story in the September issue of Inside Supply Management® discusses complexity. One product with one supplier sounds as easy as it gets. Unfortunately, that's hardly a reality. Today's supply management professionals must satisfy requirements for multiple product lines, multiple service lines, with multiple features on each, for varying schedules, and accommodate them with a wide variety of suppliers. Does this sound more like it? What "it" is can be classified as "complexity," and while it's a challenging arena, it's a necessity in today's business environment. The good news is that recognizing complexity can go a long way in dealing with it or, if you're lucky, even reducing it to some extent.

Also in the September issue of Inside Supply Management®, we take a good look at consortiums, and provide you with two examples where firms have optimized this activity. In one instance, a group of like-industry firms joined to leverage buying power. In another instance, a major firm realized that its ability to lead a consortium for smaller partners in its supply chain could be a revenue-generating activity. Look for these articles in the Strategies & Solutions section.

In the September issue of Inside Supply Management® you'll also find:

  • An update on the lead-free initiative coming from the European Union.
  • Commentary from IBM's vice president of global procurement sourcing
  • A new way to look at manufacturing costs
  • And much more!

To access the September issue of Inside Supply Management®, click here.

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ISM Announces New Supply Management Qualification

ISM continues to lead supply management by developing a new professional qualification that will be relevant internationally and reflect the expanded education, skills and experience needed to be a successful supply management professional. ISM's Board of Directors recently approved the recommendation by the ISM Certification Committee that ISM develop a new professional qualification that recognizes those expanded competencies. The ISM Board directed that the program be available in 2008.

For more information and links to the FAQs, visit the ISM Home Page or click here.

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R. Gene Richter Awards for Leadership and Innovation in Supply Management

The R. Gene Richter Awards for Leadership and Innovation in Supply Management were established to recognize innovative supply organizations that through strong leadership have dramatically increased their contribution to organizational success. Entry deadline: Friday, September 30, 2005.

The awards program is designed to:

  • Identify and share leadership and innovation in supply management practice
  • Provide recognition to organizations receiving awards
  • Promote supply management as a strategic contributor to the organization
  • Enhance the profession in the eyes of senior management
  • Make available leadership and innovation practice through conferences, ISM publications, case studies and other media

For more information or to apply click here.

To download the brochure click here.

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New ISM Web Seminar — State of the Law on Electronic Commerce

This Web seminar is a "must-attend" for all professionals who are involved in supply chain decisions. In the past five years, several laws governing electronic commerce have passed through Congress. Learn how these laws are interpreted by the courts and applied in the real world.

Date: October 13, 2005
Time: 10:00 a.m. Pacific / 1:00 p.m. Eastern
Presenter: Helen M. Pohlig, J.D.
Price: $99 per individual or $179 for two or more attendees per connection.

To learn more about this Web seminar or to register click here.

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Term of the Day


Definition: A set of guidelines for designing text formats that allow flexibility in the creation of information formats for the Internet. The markup symbols (or tags) used in XML are unlimited and self-defining. XML was developed by the World Wide Web Consortium (W3C).

A different Term of the Day is posted on the ISM Home Page ( 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.

Not currently an ISM 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:

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Calendar of Events for October

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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