--- To enhance the value and performance of procurement and SCM practitioners and their organizations worldwide ---

 
Friday, December 1, 2006
   


Quadrem

Institute for Supply Management

ISM's 92nd Annual International Supply Management Conference

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In This Issue ...


November Manufacturing ISM Report On Business®: PMI at 49.5%

Economic activity in the manufacturing sector failed to grow in November for the first time following 41 consecutive months of growth, while the overall economy grew for the 61st 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. "In November, manufacturing activity declined to its lowest level in 42 months as the PMI fell to 49.5 percent. The last time the PMI registered below 50 percent was April 2003 (46.5 percent). New Orders and Production both ended growth cycles at 42 months during November. On the positive side, growth in New Export Orders continued as the weaker dollar continues to fuel that segment."

To read the entire release click here.

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Three New ISM Resource Guides

The ISM Resource Guides are topic-specific electronic "packets of information" on a variety of supply management subjects. Each guide includes 5-10 articles from various ISM publications, suggested reading lists, valuable links to related Web sites, plus contact information for a variety of other resources and information on each topic. ISM's Resource Guides deliver specific, timely information on the topics you are most interested in — right to your computer desktop.

The ISM Resource Center recently compiled three new Resource Guides:

  • Project Management — Learn about the planning process and how to use project management tools to achieve goals and objectives.
  • Rating and Evaluating Suppliers — This guide presents a number of methods for rating and evaluating current and potential suppliers.
  • Reverse Auctions — Learn about the pros and cons of online auctions and the strategies you can use to improve your chances for success.

The ISM Resource Guides are FREE to ISM members.

For more information or to access the ISM Resource Guides click here.

Not a member yet? Want membership information? Click here.

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A.P.P. Program Changes — February 28, 2007

ISM is changing the Accredited Purchasing Practitioner (A.P.P.) program. February 28, 2007 is the date by which candidates must postmark their A.P.P. Original & Original Lifetime application. Applications postmarked after that date will not be processed.

The A.P.P. Exam is no longer offered. However, A.P.P. candidates can simply register for C.P.M. Modules 1 and 2 instead. C.P.M. Exam modules can be applied toward the A.P.P. designation (and vice versa). And though candidates have to take the C.P.M. Exam, they are not obliged to pursue the C.P.M.

Under Current ISM policy, candidates who wish to reaccredit their A.P.P. may continue to do so — even after February 28, 2007.

For more details on changes to the A.P.P. program, check out the FAQs section on the ISM Web site, click here.

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C.P.M. Exam Fees Increasing

Beginning January 1, 2007, all C.P.M. Exam registration prices will increase by $10. The last price increase was in January 2005.

Exam Registration Fees — as of January 2007:

ISM Member — Domestic* $130
Nonmember — Domestic* $190
 
ISM Member — International $175
Nonmember — International $230

* Domestic = U.S., Canada, Puerto Rico, Guam and the U.S. Virgin Islands.

C.P.M. and A.P.P. application fees will remain the same for 2007.

For more information click here.

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Web Site of Interest

This month's Web Site of Interest is: Aberdeen Group.

Aberdeen's research provides technology buyers with the facts they need to act on business and technology decisions. Aberdeen Group's Web site provides research on the following areas (channels):

  • Procurement & Supply
  • Service Chain
  • Manufacturing & Design
  • Sales & Marketing
  • Supply Chain & Logistics
  • Human Resources
  • Finance
  • Information Technology

The sponsored research and benchmark results are free when you register your e-mail address (look for the "open lock" icons). Also, if you participate in their current benchmark a detailed benchmarking report comparing your performance to that of your industry peers will be sent to you within two-weeks, at no cost (see Decision Support Tools).

To access this Web site 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: CHAIN OF COMMAND.

Definition: An organization's reporting and decision-making structure.

A different Term of the Day is posted on the ISM Home Page (www.ism.ws) each day -- 7 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 ISM Glossary of Key Supply Management Terms which 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.

Note: The new ISM Glossary of Key Supply Management Terms (4th Edition) is now available for purchase. For details click here.

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Subscribe to Just in ETime Newsletter

The Just in ETime e-mail newsletter delivers ISM- and purchasing/supply-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 certification rules/requirements, as well as Web sites of interest to supply/procurement professionals. And best of all — there's no charge to subscribe!

To subscribe to Just in ETime click here.

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Questions/Comments? Contact RaeAnn Slaybaugh.

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