Tuesday, August 1, 2006

Institute for Supply Management

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In This Issue ...
  • July Manufacturing ISM Report On Business®: PMI at 54.7%.  Read more.
  • CPSM Presentation from ISM's 91st Annual International Supply Management Conference.  Read more.
  • eDigest: Chemicals Newsletter.  Read more.
  • R. Gene Richter Awards Accepting Entries From Innovative Supply Management Departments.  Read more.
  • Web Site of Interest.  Read more.
  • Term of the Day.  Read more.
  • Are You Receiving Second-Hand News?  Read more.
  • Contact Us.  Read more.

July Manufacturing ISM Report On Business®:
PMI at 54.7%

Economic activity in the manufacturing sector grew in July for the 38th consecutive month, while the overall economy grew for the 57th 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. "Manufacturing growth accelerated in July driven by an upswing in production following June's increase in new orders. Employment expanded after a one-month decline, while inventories grew after two months of contraction. The overall message is that manufacturing is proving to be quite resilient in the face of higher interest rates and weakening consumer spending. Strong demand continues to put upward price pressure on primary metals including copper and nickel."

To read the entire report click here.

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CPSM Presentation from ISM's 91st Annual International Supply Management Conference

Have you heard about ISM's new Certified Professional in Supply Management (CPSM) program? The Certified Professional in Supply Management is slated to be the qualification that supply management professionals strive to obtain. The CPSM will be relevant internationally and reflect the expanded education, skills and experience needed to be a successful supply management professional. The CPSM will debut in 2008.

Do you have questions about the CPSM? On May 8, 2006 at ISM's Annual Conference, ISM's Vice President of Certification conducted a workshop on the new CPSM program. That workshop presentation (PowerPoint format) is available to the public on the ISM Web site.

To access the CPSM presentation click here.

To access the CPSM Frequently Asked Questions click here.

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eDigest: Chemicals Newsletter

The eDigest: Chemicals newsletter was recently distributed and is now available on the ISM Web site. The July issue of eDigest: Chemicals contains the following articles:

  • Tapping European Markets: Co-Promotion Deals Pave Way Into European Markets
  • Successful E-Waste Recovery: Recycling Directives Critical in Successful E-Waste Recovery
  • Chemical Security Plan: U.S. Government Issues First Nationwide Chemical Security Plan
  • In Search of Chemical Supply Chain Excellence
  • Commodity Report: Caustic Prices Falling but Upward Pressures Linger

To access the July issue of eDigest Chemicals click here.

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R. Gene Richter Awards Accepting Entries From Innovative Supply Management Departments

Organizations invited to apply via ISM Web site July 3 - September 29, 2006

While the inaugural R. Gene Richter Awards for Leadership and Innovation in Supply Management have been presented, the Institute for Supply Management™ (ISM) is announcing its call for entries for the second annual awards. ISM's Richter Awards are open to supply management departments of all sizes and geographic locations, both domestic and international. Entries should address big challenges for which new solutions have had wide organizational and/or supply chain impact.

ISM will accept entries through an online submission process from July 3 to September 29, 2006. Multiple entries are welcome in four award categories, including process, organization/structure, people and technology. Winners will be notified in January 2007, and award recipients will be publicly announced and honored at an awards dinner on Monday, May 7, 2007, at ISM's 92nd Annual International Supply Management Conference and Educational Exhibit in Las Vegas. Winners agree to present at ISM Conference sessions the Tuesday afternoon following the awards dinner.

Questions regarding the R. Gene Richter Awards for Leadership and Innovation in Supply Management can be directed to Scott Sturzl, C.P.M., at 800/888-6276, extension 3105 (or, for callers outside the United States, 480/752-6276, extension 3105), or by e-mail at richterawards@ism.ws.

For information on entry categories, applying for the 2007 awards or to download the 2006 Richter Award Winners Brochure click here.

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Web Site of Interest

This month's Web Site of Interest is: SupplyChainDigest™

This Web site provides information, news and commentary for supply chain, transportation and logistics professionals. Access to their weekly SupplyChainDigest™ newsletter archives, on-demand Webinars (most are free), audio interviews with industry experts, reports and white papers (access available only after subscribing to the free weekly newsletter), and more.

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.

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Term of the Day

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

Definition: Transferring goods from one transportation line to another.

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: mpeck@ism.ws

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Are You Receiving Second-Hand News?

Do you receive copies of a co-worker's Just in ETime newsletter? Are you waiting for someone else to forward that e-mail newsletter to you? Get your OWN news — you don't have to share!

The Just in ETime e-mail newsletter delivers ISM- and purchasing/supply-related news and updates to subscribers' desktop every other week. You'll receive 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. And best of all — there's no charge to subscribe!

To subscribe click here.

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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