|In This Issue ...
- This Month in Inside Supply Management® Magazine — Read more.
- No-Cost Web Seminar Next Week: "New Supplier Identification — Reinventing the Process" — Read more.
- Feature Article: Are You Prepared for a Pandemic? — Read more.
- Register Now for the 12th Annual ISM Services Conference — Read more.
- Calendar of Events for November — 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.
|This Month in Inside Supply Management® Magazine
Have you checked out the latest issue of Inside Supply Management® magazine? The October/November 2011 issue is full of useful information, including the following articles:
Access the complete October/November 2011 issue of Inside Supply Management® online.
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|No-Cost Web Seminar Next Week: "New Supplier Identification — Reinventing the Process"
Date: Wednesday, October 26, 2011
Time: 11 a.m. PDT/2 p.m. EDT
Price: No cost
Length: 60 minutes
Identifying new suppliers is a key element that directly impacts your purchasing efficacy. Sourcing, unplanned purchases, spot buys, supplier diversity initiatives and supplier risk management are instances that often require new supplier input — and those situations mandate a quick response to ensure streamlined processes.
Internet searches, tradeshows and cold calling continue to be the typical methods of identifying new suppliers, but new approaches now exist. Attend this web seminar on October 26 to learn more about them, including intelligent matching tools that accurately identify suppliers that meet your needs.
Attendees will learn to:
- Reduce the time and cost of traditional supplier identification and qualification methods by up to 90 percent
- Efficiently manage online business postings, sourcing, bidding and awarding of contracts
- Use rich supplier information for improved, more informed decision-making
- Reduce sourcing cycle cost consumed by supplier discovery and qualification, which comprises 30 percent to 50 percent of the overall cost.
- Brett Mauser
Director, Strategic Sourcing
Winn-Dixie Stores, Inc.
- Bruce Eaves
Sr. Manager, Purchasing
Pilot Travel Centers
- Chris Wang
Director of Marketing, Ariba Discovery
Attendance of the live session of this Web Seminar qualifies for one CEH credit at ISM. Register online.
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|Feature Article: Are You Prepared for a Pandemic?
Imagine that a flu pandemic hits the United States and approximately 20 percent to 40 percent of your work force is ill in waves lasting two to six weeks. Those employees able to come to work must practice social distancing by staying far apart from coworkers, and emergency medical supplies such as face masks and hand sanitizers must be immediately available. One of your critical suppliers is hit so hard by the pandemic it shuts down its operations. Is your supply management organization ready to handle all of this?
Health officials say it is not a matter of "if" but "when" there will be a severe pandemic outbreak. The 2009 H1N1 flu pandemic, which the Centers for Disease Control and Prevention (CDC) estimates infected about 61 million people from April 2009 through April 10, 2010, was not as severe as expected. A flu pandemic is an outbreak caused by a new human flu virus that spreads around the world. Because it is a new virus, few people have immunity, and it can spread easily from person to person. Influenza also is unpredictable and can occur in waves, lasting for a year or more.
In today's global economy, businesses shouldn't ignore the need for pandemic planning, because a flu that starts in a remote part of the world can spread quickly with far-reaching ripple effects.
Read the full article on the Inside Supply Management® website.
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|Register Now for the 12th Annual ISM Services Conference
Register now to attend the 12th Annual ISM Services Conference, December 1-2, 2011 at the Pointe Hilton Tapatio Cliffs Resort in Phoenix. Presented by Institute for Supply Management™ (ISM), this program is designed for supply management professionals responsible for not only acquiring services but also for developing the supply chain strategies that support the goals and objectives that move the organization forward.
The one-and-a-half-day program features some of the best leaders in the profession, covering everything in services from green initiatives to nontraditional services spend. Highlights include:
- Nontraditional Services Purchasing
- Disaster Response Supply Management
- Marketing Procurement
- Corporate Mobility Spend
- Software Licensing
- Negotiation Best Practices for Services
- Temporary Labor Sourcing
- Supplier Relationship Categories
- Diversity and Green Initiatives
Registration fee is US$845 for ISM members and US$1,045 for nonmembers. To register online to attend the conference, visit the ISM website. Attendees can earn 10.25 Continuing Education Hours (CEHs).
All sessions are at the Pointe Hilton Tapatio Cliffs Resort, 11111 N. 7th St., Phoenix, AZ 85020. Book your hotel room online or call +1 602/866-7500. Book online to receive the special room rate of US$139 single/double with in-room high-speed Internet and resort fee included. The cutoff date for the ISM room rate is November 7, 2011, or until room block is sold out.
You can save US$200 when you register for both the Services Conference and this year's pre-conference seminar, "Strategic Services Procurement: Applying Strategic Sourcing Principles to the Procurement of Services", November 29-30, 2011 in Phoenix.
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|Calendar of Events for November
Release of the Manufacturing Report On Business®
65th Annual Southwest Supply Management Conference
New Orleans, LA
CPSM® and CSM™ Exam Review Course
Finance for the Supply Management Professional
Release of the Non-Manufacturing Report On Business®
4th Annual Sustainability and Social Responsibility Conference
Lake Buena Vista, FL
Sustainability and Social Responsibility for Supply Professionals
Performance-Based Statements of Work (SOWs): Maximize Supplier Performance
Las Vegas, NV
Negotiation Strategies: Beyond the Basics, Optimizing Value (formerly Advanced Negotiation Strategies)
San Francisco, CA
Business and Legal Considerations in a Global Environment
Las Vegas, NV
ISM Headquarters Closed — Thanksgiving
Strategic Services Procurement: Applying Strategic Sourcing Principles to the Procurement of Services
Fundamentals of Purchasing: The Building Blocks of World-Class Professionalism
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|Term of the Day
Today's ISM Term of the Day is: SYSTEM DEVELOPMENT LIFE-CYCLE.
Definition: A methodology used to develop, maintain and replace information systems. Typical phases in the SDLC are: analysis; design; development; integration and testing; and implementation and maintenance.
A different Term of the Day is posted on the ISM Home Page each day — seven days a week. The Term of the Day is 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.
Access the online Glossary.
If you are not a member but would like membership information, visit the ISM website.
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|It's Easy to Subscribe to the Just in ETime Newsletter
To receive Just in ETime:
- First, log into the ISM website using your username and password.
- If you have never created a profile/account on the ISM website — or if you don't remember if you have an account — click "Log In" in the upper right-hand corner of the ISM Home Page.
- Under "Log In," you will find a "Did you forget your username and password?" link. Click that link, and enter your e-mail address. (If you have more than one e-mail address, try each one.)
- If you do have an account, the ISM system will e-mail you your username and password.
- If, however, the system tells you the e-mail address was not found in our records, you will want to create a new account. Do this by clicking the "My Account" tab in the upper right-hand corner of the ISM website, followed by "Create New Account."
- Once you've created your new account, proceed to the "Manage Newsletters" link, which is also found under the "My Account" tab.
- Finally, select Just in ETime from the list of available newsletters and click the "Update Subscription" button at the bottom of the page.
If you have any questions or encounter any problems, please contact RaeAnn Slaybaugh.
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