Monday, June 2, 2008

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University of San Diego School of Business Administration


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In This Issue ...
  • May Manufacturing ISM Report On Business®: PMI at 49.6%.  Read more.
  • ISM's 2008 Salary Survey.  Read more.
  • Computerized Testing Now Available for CPSM.  Read more.
  • Register now for the Second Annual Hispanic Executive Supply Management Summit.  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.

May Manufacturing ISM Report On Business®: PMI at 49.6%

Economic activity in the manufacturing sector failed to grow in May, while the overall economy grew for the 79th 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 May as the PMI fell below 50 percent for the fourth consecutive month. In relative terms, May was down slightly from April as the rate of contraction in manufacturing slowed. The Production Index was a bright spot as it moved above 50 percent after declining for two months. Manufacturers find themselves caught between rising costs and weakening demand in many industries. Exports continue strong due to the weak dollar - without the weak dollar the story would be much more negative in manufacturing."

To read the entire release click here.

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ISM's 2008 Salary Survey

ISM surveyed supply management professionals during January and February 2008 to determine average salaries in the supply management profession. This report presents the results of that survey based upon salaries earned during the 2007 calendar year. Summary information is reported here. The full report is available online to members of ISM. The full report provides breakdowns of salary by job title, years of experience, education level, certification status, buying responsibility, state of residency and other factors. Demographic information on the respondents is also reported.

Non-members who would like to view the entire report can join ISM or can purchase the detailed report for $199.

To access the brief two-page summary — available to non-members — click here.

To access the full 14-page report — available to members — click here.

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Computerized Testing Now Available for CPSM

ISM is now accepting online registrations for testing of the new Certified Professional in Supply Management (CPSM) credential.

Candidates can register for CPSM Exams that can be scheduled and taken at Pearson VUE worldwide professional testing centers. Candidates for the CPSM Exam(s) or CPSM Bridge Exam can register online at the ISM Web site.

Once online exam registration is confirmed, the eligibility to test is valid for one (1) year. Candidates will be able to schedule their desired exam(s) on Pearson VUE's Web site. Computer-based CPSM Exams will be offered beginning today, June 2, 2008.

For additional information, click here.

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Register now for the Second Annual Hispanic Executive Supply Management Summit

Hispanic Executive Supply Management Summit
August 7-8, 2008
Doubletree Hotel
Washington D.C.

Topics to be covered:

  • Project Management
    Theory and practice: how it can strengthen your supply chain

  • Low-Cost-Country Sourcing
    Update on Latin America

  • Networking and Building Relationships
    How one Fortune 500 company made it happen

  • Managing Supply Chain Disruptions
    Mitigate your risks

  • Coaching
    Senior executives reveal secrets to success

  • Sustainability
    It's on everyone's agenda

  • Counterfeit Parts
    Avoiding risk

For more information, or to register for this program click here.

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Web Site of Interest

This month's Web Site of Interest is: Environmental Protection Agency (EPA).

On the Environmental Protection Agency Web site there is a link to their Environmentally Preferable Purchasing (EPP) program. The EPP section offers all kinds of useful information for companies trying to "buy green." They offer various publications, hands-on tools and calculators, links to help you find and evaluate green products and services, and much more.

To access the Environmental Protection Agency (EPA) Web site click here.

To access the Environmentally Preferable Purchasing (EPP) program section 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: AMENDMENT.

Definition: Modification (addition, deletion or other alteration) made to a contract by mutual agreement of the parties.

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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