Thursday, March 1, 2012

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ISM's 97th Annual International Supply Management Conference and Educational Exhibit

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In This Issue ...
  • February Manufacturing ISM Report On Business®: PMI at 52.4% — Read more.
  • CNN's Wolf Blitzer to Deliver Opening Keynote at ISM 2012 Conference — Read more.
  • Feature Article: A Steel Thread — Read more.
  • Supply Management Students — Short Essay May Win You a 2012 ISM Conference Scholarship — Read more.
  • Website 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.

February Manufacturing ISM Report On Business®: PMI at 52.4%

Economic activity in the manufacturing sector expanded in February for the 31st consecutive month, and the overall economy grew for the 33rd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.

The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management™ Manufacturing Business Survey Committee. "The PMI registered 52.4 percent, a decrease of 1.7 percentage points from January's reading of 54.1 percent, indicating expansion in the manufacturing sector for the 31st consecutive month. The New Orders Index registered 54.9 percent, a decrease of 2.7 percentage points from January's reading of 57.6 percent, reflecting the 34th consecutive month of growth in new orders. Prices of raw materials increased for the second consecutive month, with the Prices Index registering 61.5 percent. As was the case in January, new orders, production and employment all grew in February — although at somewhat slower rates than in January. Comments from the panel continue to reflect a generally positive outlook for the next few months."

To read the entire release, click here.

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CNN's Wolf Blitzer to Deliver Opening Keynote at ISM 2012 Conference

Emmy Award-Winning Journalist Wolf Blitzer will deliver the opening keynote at Institute for Supply Management™'s (ISM) 97th Annual International Supply Management Conference and Educational Exhibit. ISM's Conference takes place May 6-9, 2012 in Baltimore at the Baltimore Convention Center.

Blitzer is CNN's lead political anchor and anchor of "The Situation Room with Wolf Blitzer," as well as CNN's former senior White House correspondent. He brings a wealth of experience to the fast-paced political news program "The Situation Room with Wolf Blitzer." In addition to politics, Blitzer is known for his in-depth reporting on international news. His work has taken him to war zones, peace conferences, sites of natural disasters and countries around the world to cover a wide range of major breaking stories. He has interviewed some of recent history's most notable figures, including presidents and heads of state, politicians, candidates and observers.

ISM's Conference also attracts notable figures and key influencers for four days of supply management professional development, training and networking. Attendees can customize their educational experience by choosing workshops from one or more of nine learning tracks: Best Practices in Supply Management; Developing and Leading Impactful Supply Management Organizations; Essential Skills and Abilities; Global Trends in Supply Management; Manufacturing; Risk Management; Services Procurement; Supplier Development and Collaboration; and Talent Management.

Register by March 1, 2012 for lowest member price
of US$1,079 on the complete Conference registration package. Member price for registrations received by April 13 is US$1,279 and member price for registrations received after April 13, is US$1,349. Visit the ISM website to learn more, register online, download the Conference brochure or book hotel reservations.

This year's Educational Exhibit Hall showcases more than 100 suppliers. The Exhibit Hall will be the setting for several breakfasts and networking sessions. Popular Industry Spotlights are back this year. These mini educational sessions will feature senior executives from some of ISM Conference's major sponsors.

World-class organizations will be on hand to conduct on-site interviews and recruit potential employees. Conference registrants can upload their résumés onto the confidential Conference Career Center database. Conference attendees who aren't looking for a new position can listen in on the Conference Career Center Special Sessions and come away with tools, tips and strategies to advance their careers.

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Feature Article: A Steel Thread

When it comes to import/export or trade compliance issues, supply management professionals often find themselves navigating choppy waters as they balance the job of moving products swiftly through the supply chain with the responsibility of helping keep the country secure.

In today's global, post-9/11 economy, the U.S. government regards trade compliance regulations as an integral part of the nation's security efforts. "Companies are the first line of our common national security defense and are in the most strategic position to evaluate customers and export transactions," according to the U.S. Department of Commerce's Bureau of Industry and Security (BIS).

Read this article online.

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Supply Management Students — Short Essay May Win You a 2012 ISM Conference Scholarship

Students currently enrolled in a supply management degree program can get a head start on success and meet with peers and professionals from around the world at the 97th Annual International Supply Management Conference and Educational Exhibit. Conference host Institute for Supply Management™ (ISM) is pleased to offer 97th Conference student scholarships thanks to the generous support of Platinum Sponsor Office Depot.

You can't afford to miss this opportunity. Submit a short essay by March 9, 2012 according to these simple guidelines:

Candidates seeking a Conference Scholarship must be able to attend ISM's 97th Annual Conference, May 6-9, 2012 in Baltimore. To be eligible, candidates must be current ISM student members. Click here for information on dues-free membership for full-time students who meet qualifications. (Educators have a link they can visit, as well.)

To apply for a 2012 ISM Conference scholarship, submit a one-page essay responding to one of the following topics:

  • Why I chose supply management as my major
  • What I see as the future of supply management

Format responses in 12-point text and submit via email to Melanie Larimer by March 9, 2012. ISM Conference scholarship recipients will be notified by Wednesday, March 14, 2012.

Scholarships include free Conference registration and US$1,000 toward travel expenses. The scholarships will be awarded on Monday, May 7, 2012 in Baltimore at the 4th Annual ISM Student Reception.

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Website of Interest

This month's Website of Interest is CPO Agenda.

CPO Agenda is an international business review designed specifically for chief procurement officers and senior purchasing and supply chain executives in larger organizations. It is published four times a year by Redactive Media Group in conjunction with the UK's Chartered Institute of Purchasing & Supply. The website offers blogs, feature articles, whitepapers, news, book reviews and other resources that purchasing, sourcing and supply management professionals worldwide can use.

Please note: These external Internet addresses contain information created, published, maintained or otherwise posted by institutions or organizations independent of ISM. Links from these websites, or any other website(s) accessible from these websites, to any product, entity, service or information, do not constitute a recommendation by ISM. ISM is not responsible for the contents of any other website.

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Term of the Day

Today's ISM Term of the Day is: PACKAGING FUNCTIONS.

Definition: Packaging serves a number of functions, including containment, protection, apportionment, unitization, convenience and communication.

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 email address. (If you have more than one email address, try each one.)

  • If you do have an account, the ISM system will email you your username and password.

  • If, however, the system tells you the email 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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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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