Wednesday, January 2, 2008


University of San Diego School of Business Administration



In This Issue ...
  • December Manufacturing ISM Report On Business®: PMI at 47.7%.  Read more.
  • ISM's 93rd Annual International Supply Management Conference and Educational Exhibit.  Read more.
  • Vote On Important Issues For Your Institution.  Read more.
  • The CPSM Bridge Exam Debuts at the 2008 ISM Conference.  Read more.
  • Web Site of Interest.  Read more.
  • Term of the Day.  Read more.
  • It's Easy to Subscribe to the Just in ETime Newsletter.  Read more.
  • Contact Us.  Read more.

December Manufacturing ISM Report On Business®: PMI at 47.7%

Economic activity in the manufacturing sector failed to grow in December following 10 consecutive months of expansion, while the overall economy grew for the 74th 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 failed to grow in December ending 10 consecutive months of growth. The recent trend has been toward slower growth. However, December was apparently a very tough month as New Orders, Production and Employment were all below the break-even mark of 50 percent. Industries close to the housing market appear to be struggling more than others, and those involved in exports seem to be doing better. Slower demand appears to be more of a problem than excessive inventories based on the respondents' comments."

To read the entire release click here.

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ISM's 93rd Annual International Supply Management Conference and Educational Exhibit

May 4-7, 2008
St. Louis, MO

Early Bird Discount Ends March 1, 2008

At the 2008 ISM Annual Conference, besides the high-quality educational workshops you've come to expect, you'll find the following highlights:

  • Networking Jam Sessions
    Get the most out of your networking when you attend the Roundtable session on Sunday May 4, 2008 from 1:00 - 2:00 pm. This is your chance to share experiences, gain answers or just bounce ideas off your colleagues.

  • Specialized, Extended Sessions
    Back by popular demand, we're offering Project Management sessions. New to the mix is Business Continuity. It's a hot topic and must-have skill for supply management professionals. Look for session codes PM1, PM2, BC1 or BC2. Registration is limited for these extended workshops.

  • The Exhibit Hall
    Showcasing more than 100 suppliers, this year's Educational Exhibit Hall provides the latest and greatest for you. Stop by and sample state-of-the-art products and services to equip and support your supply chain. It's a good time to do some comparison shopping or gather information on special projects or even your routine spend. Use the casual atmosphere of the Exhibit Hall to probe, ask questions and see product demonstrations.

  • ISM's Conference Career Center
    Don't miss out on the exclusive Conference Career Center. Once you register for the complete Conference, be sure to upload your résumé onto our confidential site. There will be world-class organizations on hand to interview and recruit potential employees. This is networking at its best. Take control of your future when you take part in the Conference Career Center.

  • ISM Membership Central
    Stop by the ISM booth in the Educational Exhibit Hall and learn about the many resources and benefits available for ISM members. Already a member? Come by and find out the latest information about certification programs and special initiatives such as the ISM Principles of Social Responsibility. Don't forget - your paid nonmember registration fee entitles you to a one year membership in ISM.

  • The Semiannual Forecast
    Leverage economic insight to gain a competitive edge. Use the ISM Semiannual Economic Forecast to cast a new light on the volatile economy. Make this session a must-see and find out why renowned economists use the ISM Report On Business® to make decisions and set policy.

For more information about this year's Conference or to register click here.

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Vote On Important Issues For Your Institution

Ballot Deadline January 10, 2008

The 2008 Proxy for the Annual Meeting of Members of the Institute for Supply Management, Inc.™ (ISM) was mailed to ISM members on November 30, 2007. Members are being asked to vote on the election of ISM Board members. The report of the vote and other business of the organization will be made at the Annual ISM Membership Meeting that will be held on Thursday, January 10, 2008, 11:30 a.m. MST, at the ISM headquarters in Tempe, AZ.

For more information or to vote online click here.

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The CPSM Bridge Exam Debuts at the 2008 ISM Conference

May 7, 2008
St. Louis, MO

Are you a C.P.M. who has a bachelor's degree from an accredited university and five years or more of professional supply management experience? You can fast track your career by taking the new Certified Professional in Supply Management (CPSM) Bridge Exam and apply for the CPSM qualification.

What is the CPSM Bridge Exam?
The Bridge is a single exam for C.P.M.s in good standing who wish to earn the CPSM designation. The Bridge Exam covers contemporary content and material not covered in the current C.P.M. Exam. It is comprised of 180 questions (all scored) and candidates will be allowed three (3) hours to test.

The CPSM qualification debuts in 2008 as the top professional designation within the profession. It recognizes the expanded education, skills and experience required to be successful as a supply manager. The Bridge Exam streamlines the new credentialing process, positioning C.P.M.s on the fast track toward achieving their career goals.

For more information or to register for the exam click here.

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Web Site of Interest

This month's Web Site of Interest is: MYWORKTOOLS.COM.

This Web site offers business tools to help the user complete specific business tasks. Tools in include: spread sheets, boilerplates, business plans, audits and more.

A sample of the specific supply chain management tools offered includes:

  • Bidders Instructions for RFP Process
  • Consulting Services Agreement
  • Contractor Matrix Worksheet
  • Manufacturing Material Form
  • Proposed Bidders for RFP
  • Scope of Work Agreement Worksheet
  • Statement of Work Change Process
  • Supply Chain Report Card
  • Vendor Scorecard
  • Revenue Impact Analysis Example
  • Cost and Pricing Modeling Approach
  • Notice of Acceptance/Rejection

Access to the tools requires membership, but membership is free.

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: LETTER OF INTENT (LOI).

Definition: A pre-contractual document used to express expectation of contract formation in the future. When properly drafted the LOI should create no binding obligation on either party.

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 currently taken from the ISM Glossary of Key Supply Management Terms.

ISM members can access the online Members Only Glossary 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 online Glossary click here.

If you are not a member but would like membership information click here.

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It's Easy to Subscribe to the Just in ETime Newsletter

The Just in ETime e-mail newsletter delivers ISM- and supply/procurement-related news and updates directly to subscribers' desktops every other week. You'll receive breaking news, such as the ISM Report On Business®, information on upcoming seminars and programs, changes to ISM's certification programs, as well as Web sites of interest to supply/procurement professionals.

It's easy to subscribe to the Just in ETime newsletter, all you need is your e-mail address. Best of all — there's no charge to become a subscriber!

To subscribe to Just in ETime click here.

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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