|In This Issue ...
- January Manufacturing ISM Report On Business®: PMI at 53.1% — Read more.
- Feature Article: Strong Connections: Cengage Learning — Read more.
- February 19 Web Seminar: "The Procurement Executive's Guide to 2013" — Read more.
- Institute for Supply Management™ (ISM) Announces 2013 Board of Directors — 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.
|January Manufacturing ISM Report On Business®: PMI at 53.1%
Economic activity in the manufacturing sector expanded in January for the second consecutive month, and the overall economy grew for the 44th 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 53.1 percent, an increase of 2.9 percentage points from December's seasonally adjusted reading of 50.2 percent, indicating expansion in manufacturing for the second consecutive month. The New Orders Index registered 53.3 percent, an increase of 3.6 percent over December's seasonally adjusted reading of 49.7 percent, indicating growth in new orders. Manufacturing is starting out the year on a positive note, with all five of the PMI™'s component indexes — new orders, production, employment, supplier deliveries and inventories — registering above 50 percent in January."
Read the entire Manufacturing ISM Report On Business® release.
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|Feature Article: Strong Connections: Cengage Learning
A school administrator in Shanghai orders 500 English-language textbooks from Cengage Learning, a major U.S.-based purveyor of higher-education learning materials.
Moments later, at an 835,000-square-foot warehouse in Independence, Kentucky, Cengage Learning's operating system captures the order and feeds it to a multifunctional warehouse management solution. This system instructs Cengage warehouses in Melbourne, Australia and New Delhi, India to overnight 200 textbooks each — their entire current inventories of this specific item — to the customer. Likewise, it tells a distribution facility in Mexico City to procure the final 100 books from a local printing company, and then ship them to Shanghai, ASAP. Within an hour, warehouse workers around the globe are packing the requested items.
The customer receives 500 textbooks within 48 hours of placing the order.
Each day, this basic process is repeated hundreds of times, as Cengage Learning's supply chain ties our suppliers to customers in Asia, Europe, the Americas and Australia. From our main distribution center in Kentucky alone, Cengage ships 63 million parcels each year (while maintaining an on-site inventory of roughly 81 million books and other items). As the company has grown through sales and acquisition, it has implemented innovative technologies and processes that connect suppliers, workers, systems and customers in a global supply chain that is, its executives believe, a model for their industry.
Read this eSide Supply Management article online.
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|February 19 Web Seminar: "The Procurement Executive's Guide to 2013"
||Tuesday, February 19, 2013
||2 p.m.-3 p.m. — U.S. Eastern
1 p.m.-2 p.m. — U.S. Central
12 p.m.-1 p.m. — U.S. Mountain
11 a.m.-12 p.m. — U.S. Pacific
7 p.m.-8 p.m. — GMT
As we move into 2013, the modern procurement executive is faced with a variety of challenges, from the top-down directive, to drive cost savings, to the overarching pressures of supply risk.
Join host ISM and sponsor LexisNexis for an exclusive webcast featuring Aberdeen Group Research Director Christopher J. Dwyer as he highlights the several key items procurement professionals must be aware of in 2013 to drive business value.
This web seminar will also assist the modern chief procurement officer (CPO) in his or her quest to properly prepare for supply risk and build an effective program to proactively plan for and anticipate supply management disruptions.
- Christopher Dwyer
- Dihan Rosenburg
Director of Product Planning
LexisNexis Business Insight Solutions
- John Yuva
Inside Supply Management®
Institute for Supply Management
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|Institute for Supply Management™ (ISM) Announces 2013 Board of Directors
Institute for Supply Management™ (ISM) announced its 2013 Board of Directors during its Annual Meeting, held January 10, 2013, in Tempe, Arizona. The leadership-based Board is made up of business leaders who hold senior-level positions in supply management or other fields that help the Institute with its mission to lead and serve supply management. The 2013 ISM Board of Directors includes:
Chair, Thomas K. Linton is chief procurement and supply chain officer for Flextronics, a US$30 billion, industry-leading Fortune Global 500 electronics manufacturing services provider with more than 200,000 employees and operations in 30 countries.
Joseph C. Black Jr. is chief procurement officer for Aetna, Inc.
Kimberly A. Brown is vice president, Worldwide Procurement at Dell Inc. She oversees Dell's strategic management of indirect spend globally, and serves as the executive leader of Dell's global supplier diversity program.
Janice L. Davis is vice president and chief procurement officer at Bombardier Aerospace, where she is accountable for a global team responsible for the strategic procurement of all aerospace products and services.
Thomas W. Derry is ISM chief executive officer.
Timothy R. Fiore, CPSM, C.P.M., MCIPS is senior vice president, supply management, CPO and member of the executive board at ThyssenKrupp NA, based in Chicago.
Cecil R. House is general manager for the New York City Housing Authority.
Craig J. Johnson, C.P.M., A.P.P. is chief executive officer of Harry & David Holdings, Inc.
Jason Kwan is chief executive officer of Landmark Investments Group Limited, a private equity company in mining, resource and infrastructure businesses in Africa.
Lisa Martin, C.P.M. is the former senior vice president, Pfizer Worldwide Procurement and Operations at Pfizer Inc.
Steven G. Miller is senior vice president, sourcing and procurement & facility services and support for The Walt Disney Company.
Nora P. Neibergall, CPSM, CPSD, C.P.M. is senior vice president at Institute for Supply Management™ and corporate secretary for the ISM Board of Directors.
Ann Oka is senior vice president, supply management for Sodexo, Inc. in North America.
Richard Spoor, CPSM, MCIPS is based in Leverkusen, Germany, and is senior vice president of global procurement for Bayer HealthCare AG.
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|Website of Interest
This month's Website of Interest is: Logistics Viewpoints: A Blog for Logistics, Supply Chain, and 3PL Executives.
Launched in 2009, Logistics Viewpoints: A Blog for Logistics, Supply Chain, and 3PL Executives, aims to keep logistics professionals informed of what's happening in the industry, and how emerging trends in technology, outsourcing, regulations and business practices can impact their jobs and companies. It provides clear and concise analyses of logistics trends, technologies and services.
Lead contributors Adrian Gonzalez and Steve Banker bring more than 25 years of logistics research experience to their writing and analysis, working closely with leading manufacturers, retailers, logistics service providers, and technology companies. Their postings address some basic questions logistics professionals are asking: What are the most important trends and news in the industry today? Why are these developments important? and What actions should I take in response?
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: QUALITY GATE.
Definition: A system of strategically placed quality inspection steps to ensure discrepant parts are not passed to the next operation and that processing error feedback is quickly provided to the station which produced the defect.
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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