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Risk Is "Hot Topic" of Select Workshops at ISM 90th Annual International Supply Management Conference and Educational Exhibit

FOR RELEASE: December 21, 2004

CONTACT: Jean McHale
  ISM Public Relations
  800/888-6276 ext. 3143
  jmchale@ism.ws

TEMPE, Ariz., December 21, 2004 — More than 2,000 supply management professionals will gather in San Antonio, May 8-11 for the 2005 Institute for Supply Management™ (ISM) 90th Annual International Supply Management Conference and Educational Exhibit. The Conference will feature general sessions on topics in the areas of financial analysis, supplier relationships, contract management, strategic leadership and business ethics.

"Start Your Legacy in 2005" Conference workshops are organized in five distinct learning tracks that represent main areas of supply management and general career development. A portion of the more than 100 workshops are identified as "Hot Topics" and cover Risk, Social Responsibility, Outsourcing/ Offshoring and Project Management. "Hot Topics" workshops addressing Risk (including Radio Frequency Identification (RFID)) include:

Four Critical Trends in Supply and Logistics Management
Four trends are redefining supply management activities: risk management, technology enhancement, outsourcing and sustainability. Supply managers are increasingly concerned with virus and hacker risks to e-commerce. Similarly, offshore suppliers increase logistical and political risks. Cost increases and supply problems accelerate consumption of nonrenewable resources. This extended session emphasizes the impact of these trends and offers methods for more effectively coping with them. Presented by Lee A. Buddress, Ph.D., C.P.M., associate professor of supply and logistics, Portland State University; Alan R. Raedels, Ph.D., C.P.M., emeritus professor of supply and logistics, Portland State University and Michael E. Smith, Ph.D., assistant professor of management and international business, Western Carolina University.

RFID: Enhancing Supply Chain Processes and Delivering Increased Customer Satisfaction
James Reynolds, national principal for IT consulting in integrated technology services, IBM Corporation, will discuss how implementing wireless smart tag technology can significantly enhance supply chain processes as well as deliver improvements in customer service.

Managing Investment Risk Between You and Your Supplier
Lisa L. Cooley, MBA, associate director, global purchases training and development, corporate purchases, Proctor & Gamble, and Stephen C. Rogers, MSIA, director, worldwide purchases mastery, corporate purchases, Proctor & Gamble, will explore six risk categories and the tools to manage these risks.

Supply Management: Trends and Issues in Food Safety
The goal of this session is to help each organization reach the highest level of food safety and food security possible. Mary Anne Hogue, vice president, food safety services, The Steritech Group, Inc., takes a look at the food chain and explores current information in the news. Discover the relationship and expectations you should have for food processors, manufacturers and distributors.

Performance-Based Contracts: Maximizing Success, Sharing Risk
Lorrie K. Mitchell, C.P.M., A.P.P., partner, Mitchell Enterprises, will explain how to determine when a performance-based contract (PBC) is beneficial, how it can be successfully managed and techniques to achieve buy-in from suppliers and customers. How-to's include developing performance criteria and evaluating critical success factors.

Supply Chain Risk: Deal With It
Which supply disruptions can your business afford? Do you know the potential financial impact of supply disruptions? Do you have a targeted strategy to mitigate those major supply risks? Alexander Monty, director of consulting at ADR North America, LLC, and James Kiser, C.P.M., vice president of operations at ADR North America, LLC, will discuss how to develop a robust supply disruption risk strategy.

Evaluating and Understanding Contract Performance, Enforcement, Modification and Termination
Discover how to analyze the interplay between contract performance and the ongoing need to modify contractual obligations to reflect changing performance quality and performance obligations. Jeffrey J. Mayer, J.D., and Michael L. O'Shaughnessy, J.D., partners at Freeborn & Peters LLP, will use the Uniform Commercial Code, case studies and recent court decisions to examine side agreements, telephone calls, faxes, e-mails and other issues that, although common, can have extraordinary consequences.

Risk Assessment and Contingency Planning in Emerging Markets
This extended session is presented by James L. Patterson, Ph.D., C.P.M., A.P.P., associate professor of management, Western Illinois University — Quad Cities. Patterson will lead a discussion of the various types of potential risks including micro- and macro-level impacts and demonstrate how these risks can be readily identified and anticipated.

May the New (UCC) Force Be With You!
Charles E. Rumbaugh, J.D., CPCM, private attorney and ADR Neutral, Rumbaugh ADR Offices, will review the new amendments to the Uniform Commercial Code (UCC), Article 2, covering the purchase/sale of goods in the United States.

Developing an Effective Sourcing Plan for Volatile-Priced Commodities
William L. Michels, C.P.M., chief executive officer, ADR North America, LLC, and George E. Cantrell, senior consultant, ADR North America, LLC, explain the components of commodity pricing, fundamental and technical factors impacting pricing, and developing a framework to create source plans.

Making the Move to RFID
Radio frequency identification (RFID) is making its way into the future of supply chain management. Gain an understanding of the potential benefits of RFID implementation that include improved customer service, enhanced asset management and operational effectiveness. Presented by David P. Schultz, A.P.P., manager, ISM Resource Center.

For complete Annual Conference information, visit www.ism.ws. Early registration ends March 3, 2005. Media credentials to attend the 90th Annual International Supply Management Conference and Educational Exhibit may be obtained in advance by contacting ISM Public Relations. To obtain a complimentary media pass, contact Jean McHale at 800/888-6276 or 480/752-6276, extension 3143, or e-mail jmchale@ism.ws.


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